Affordable Housing as the new format of housing projects has not only changed the market dynamics, but also consumer behavior, and helped in improving city infrastructure. NCR has been a market catering to all kinds of real estate buying options. The market share of affordable housing has increased significantly in the region with Gurugram and…
Category: Affordable Housing
HDFC Capital Tech gives a boost to Affordable Housing
HDFC Capital has launched a new initiative to provide a technology solution to boost the supply of affordable housing. This initiative- HDFC Affordable Real Estate & Technology Programme (HeART) is aimed at creating efficiencies and lowering project costs. HeART will support businesses that are innovative and building technology solutions to enhance the supply of affordable…
Housing Sector Investment: A preference for Millennial Women
The rapid increase in women homebuyers across the country has encouraged the government to give them added benefits. Lower stamp duty charges, low home loan interest rates and tax deductions are some of the benefits they are entitled to while buying a property. To empower women of the low-income segment as per the Housing for…
Affordable Housing in Gurgaon attracts Homebuyers
The incentivised policy initiatives taken by the government to boost demand and supply of affordable housing, have helped to boost the sentiment of home buyers who are now pushing the sale of this most sought after segment of housing. According to a recent major survey, over 75% home buyers now prefer to buy homes costing up to…
HSVP Connectivity boost to Southern Peripheral Road in Gurgaon
Haryana Shahari Vikas Pradhikaran (HSVP) has paved the way for the construction of a master sector road in Sector 58 in New Gurgaon to enhance connectivity to Southern Peripheral Road, leading to realty growth in new sectors. The work on this master road has been stalled for quite some time as a small stretch of…
Women Homebuyers likely to grow in the coming years
Women in India have finally stepped out from the shadows of patriarchy and are actively pursuing their dreams to make them a reality by becoming financially stable and independent. The real estate market is witnessing growth as far as women homebuyers are concerned in the country. They are also taking part in choosing and buying…
Affordable Housing Segment- Still a homebuyer’s choice
Affordable Housing segment is the most preferred choice for the homebuyers. With the shortage of housing in today’s world, the concept of ‘Affordable housing’ appears to be feasible. Affordable housing becomes a key issue especially in developing nations where a majority of the population isn’t able to buy houses at the market price. In today’s…
Power infra upgrade to boost electricity supply in New Gurugram this summer
The power situation in New Gurugram sectors is set to improve significantly this summer as Dakshin Haryana Bijli Vitran Nigam (DHBVN) has persuaded real estate developers to upgrade power infrastructure by building 33kVA power stations by March end. The inadequate power infra has been affecting power supply in New Gurugram sectors, forcing residents to…
SBI to hold a mega e-auction for properties
State Bank of India will be holding a mega e-auction of over 1,000 open plots, commercial, residential and industrial properties to recover dues on February 26, 2020. These include houses, industrial and commercial units which are stressed assets of defaulters and the bank has made provisions or exposure in accordance with the Reserve Bank of…
GMDA’s new action plan to scale up infra to boost New Gurugram realty
The Gurugram Metropolitan Development Authority’s (GMDA) plan to involve real estate developers in allocating funds for upgrading civic infra in newly developed sectors will boost real estate in New Gurugram. GMDA is initiating dialogue with developers with regard to their settlement plans of their ongoing and upcoming projects so that these projects can be aligned…