With Haryana cabinet giving approval to revised DPR for the extension of Metro to Old Gurugram has set the stage for bringing New Gurugram on the Metro map, thereby boosting real estate in this fast emerging corridor. According to the new approved DPR, the metro rail will be extended to Rapid Rail Station next to…
Author: Signature Global
Stalled realty projects to start soon
The government expects the real estate fund to have a bigger impact on the economy through linkages. The Rs 25,000 crore SWAMIH (Special Window for Affordable and Mid-Income Housing) Investment Fund to get stalled real estate projects moving is fully operational and the investment committee is completing due diligence on the first set of deals….
Jewar Airport link to Delhi- Mumbai EWay to boost NCR Realty
Following the clearing of decks for the construction of Jewar airport in Greater Noida, the Highway Ministry’s latest proposal to provide direct link to the airport from upcoming Delhi- Mumbai Expressway will further boost real estate in the national capital region. As part of Highway Ministry’s plan, National Highway Authority of India (NHAI) has been…
Pre- construction work on Delhi- Gurugram- Alwar Rapid Rail gains momentum
With the pre- construction work for the first phase of the Delhi- Gurugram-Rewari-SNB (Shahjehanpur – Neemrana- Behror) Rapid Rail Transit System (RRTS) gaining momentum, this rapid urban metro project is moving forward to provide connectivity boost to New Gurugram realty. The pre- construction work for the 164 km long Delhi-Gurugram-Alwar RRTS was stepped up after…
Realty set for boost with decks getting cleared for Jewar Airport
As the stage gets set for an early start to the construction of Jewar Airport in Greater Noida, following the Zurich Airport winning the bid to build this greenfield airport , real estate in this region will get a major push. Zurich Airport that had earlier developed Bengaluru’s Kempegowda international airport, will be investing Rs…
Getting freedom from rent is a sensible option
With property prices stagnant for long, home loans available at lower interest rate and government offering substantial subsidy on mortgage interest to first time home buyers of affordable homes, it makes sense to buy a house and get freedom from rent.. Renting may seem cheaper compared to EMI in the short term but on a…
Pradhan Mantri Awas Yojna: Everything you need to know
Pradhan Mantri Awas Yojna (PMAY) is a housing initiative of the Government of India launched in 2015 to provide affordable housing to the urban and the rural poor. The target of this scheme is to build 20 million affordable houses by March 2022. The programme includes the following project verticals for increasing access of the…
Top-up loan : a great way to meet your need for funds
There are situations when we require to raise some immediate funds. Breaking existing investments is one way to get that money. The other way is to take a loan. If you have a home and are paying an EMI for it, a top-up home loan can be a great idea to raise required funds. A…
Challenges that Affordable Housing Sector is facing
The affordable housing segment received a big impetus with the Prime Minister announcing the ambitious ‘Housing for All by 2022′ initiative. Subsequently, the segment was accorded infrastructure status enabling real estate developers’ easier access to finance. Cash incentives in the form of Credit Linked Subsidy Scheme (CLSS) to homebuyers in this segment are yet another…
Vaishali-Mohan Nagar Metro Extension Nod a booster for realty
The approval to the DMRC’s Detailed Project Report of Vaishali- Mohan Nagar Metro Extension by the Ghaziabad Development Authority(GDA) has paved the way for further improving the connectivity of Ghaziabad with Delhi , a clear booster to real estate in the region. The nod by the GDA has cleared the decks for extending the already…