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PMAY: Real estate developers hail Rental Housing Scheme; says benefit will trickle down to affordable housing, 'Housing for All'
Tue, May 19, 2020
While announcing the stimulus package for small developers recently, the Narendra Modi Government launched Rental Housing Scheme as part of the Pradhan Mantri Aawas Yojana (PMAY).
PMAY: Check eligibility, calculate subsidy amount from this direct link of Pradhan Mantri Awas Yojana (Urban) portal
Mon, Jan 20, 2020
PMAY Subsidy, Eligibility Calculator: Here is the direct link to calculate the subsidy, check eligibility of Pradhan Mantri Awas Yojana (Urban) - PMAY (U):-
PMAY big milestone! One crore homes delivered under Pradhan Mantri Awas Yojana - Urban category, says NAREDCO
Tue, Dec 31, 2019
Pradhan Mantri Awas Yojana has sanctioned one crore homes under PMAY — Urban category in four years since its inception, says NARECDO.
PMAY: Momentous achievement for Modi government's flagship mission - Over 1 crore homes sanctioned!
Sat, Dec 28, 2019
PMAY Urban: PM Narendra Modi has congratulated the entire team of Ministry of Housing and Urban Affairs, Government of India
Budget 2019 expectations: 'Government should increase the threshold value of affordable housing from Rs 45 lakh to Rs 75 lakh'
Wed, Jul 03, 2019
In a bid to bring some large metro cities like Bengaluru under the PMAY aegis, real estate developers have demanded from the Finance Minister Nirmala Sitharaman an increase in the threshold value of affordable housing.
PM Awaas Yojana: Government plans to construct 60 lakh houses in current year
Sat, Jun 29, 2019
Union Minister for Rural Development Narinder Singh Tomar has said that the government has no proposal to increase the amount provided under the Pradhan Mantri Awaas Yojana, in reply to a question in the Rajya Sabha on Friday.
Real estate relief: Indian millennials taking to affordable housing, say experts
Mon, May 06, 2019
With this scheme, homebuyers are actually getting attracted to the affordable housing segment - the engagement is high as the financial burden is not prohibitively expensive.
Only 39 pct of 79 lakh PMAY affordable housing projects completed till now, says a report
Mon, Mar 25, 2019
With only 39 per cent of the homes sanctioned under the Pradhan Mantri Awas Yojana built so far, completion of affordable housing projects under the PMAY has been slow, according to an Anarock report on Sunday.
Pradhan Mantri Awas Yojana: You can buy home easily now! Income Tax department will help
Mon, Feb 18, 2019
To facilitate people, broad details have been finalised by lenders and government as it was discussed between bankers and interim finance minister Piyush Goyal, said the report, adding that finer details is being chalked out by a panel which would be announced soon.
PMAY: Modi govt approves four lakh affordable houses in urban areas
Thu, Jan 31, 2019
Prime Minister Narendra Modi-led Union government has approved the construction of nearly four lakh affordable houses under the Pradhan Mantri Awas Yojana (Urban), taking the total number to about 72.5 lakh, an official said Wednesday.
How to get PMAY subsidy on home loan and are you eligible for it?
Mon, Jan 28, 2019
Earlier, the PMAY scheme was meant for rural poor for whom loan provision was from Rs 3 lakh to Rs 6 lakh. Now, the scheme has been extended to the urban poor and urban middle class too. Also, the loan provision has been extended up to Rs 18 lakh.
Pradhan Mantri Awas Yojana: Buying dream house? Beware! Know this first; Check full list of steps here
Fri, Jan 11, 2019
The pretext used was to provide them houses under the Pradhan Mantri Awas Yojana. In fact, according to Hindustan, the person also cheated four other advertising firms to the tune of Rs 1 crore. These firms were duped on the pretext of inviting tenders to organise an event, Rashtriya Awas Divas, for the promotion of Pradhan Mantri Awas Yojana.
Want to buy house? This is what will make it possible in Maharashtra
Mon, Aug 06, 2018
The Maharashtra government has asked developers (undertaking projects under PMAY) to sell half the number of developed houses at the Ready Reckoner rate and the remaining 50 per cent can be sold at the market rate, reports DNA.
PMAY relief: How it will benefit homebuyers; check out builders' comments
Wed, Jun 13, 2018
The decision is another big step to boost the construction sector that contributes to increased activity on the supply side. This initiative is expected to result in enhanced economic activity that would contribute to improvement on the demand side.
Monetary Policy: RBI boosts affordable housing under PMAY, warns banks on low ticket home loans
Wed, Jun 06, 2018
RBI surprised many economists and analysts by hiking repo rate and reverse repo rate by 25 basis points to 6.25% and 6% respectively.
Consumer preferences in India shifting to larger apartment sizes: Survey
Mon, Dec 18, 2017
There is a positive pent up demand for larger houses in affordable housing category. Consumer preference in the case of 2 BHKs is increasing in the 1,250-1,500 sq. ft. and 1,500-1,750 sq. ft. ranges. For 3 BHKs, it is increasing in the 1,250-1,500 sq. ft., 1,500-1,750 sq. ft. and 1,750-2,000 sq. ft. ranges.
Avail benefits under PMAY-CLSS to buy your dream house
Fri, Dec 15, 2017
'Disclaimer: This story is for informational purposes only and should not be taken as investment advice.'
Macro economic data has reached new heights in last 3 years, says HDFC's VC & CEO Keki Mistry
Tue, May 16, 2017
HDFC's VC and CEO Keki Mistry in an one-on-one interview with Zee Business said that India is poised to be amongst the most significant economic countries in the world along with China and US.
Here are key things to know about Govt's credit linked interest subsidy scheme on housing loans
Thu, Mar 23, 2017
The government has recently launched guidelines on Credit Linked Subsidy Scheme (CLSS) under Pradhan Mantri Awas Yojana (Urban) for middle-income groups which are set to bring down EMIs down on housing loans for buyers by over Rs 2,000 per month.
From giving infra status to affordable housing to lowering tenure of capital gains tax, real estate players have welcomed Budget 2017 outcome
Wed, Feb 01, 2017
Real estate players have welcomed the government's announcement of infrastructure statues to affordable housing in the real estate sector in Budget 2017.