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Home loan EMI of affordable houses may fall by 8-10%: KPMG

Last Updated: Wednesday, July 16, 2014, 20:54

EMI on home loans is expected to come down by 8-10 percent following the RBI's move to ease norms for banks to raise long term funds for financing affordable housing projects, consultant KPMG said on Wednesday.

RBI eases financing norms for infra, affordable housing

Last Updated: Tuesday, July 15, 2014, 20:27

RBI said that apart from what is technically defined as infrastructure, affordable housing is another segment of the economy which requires long term funding.

Govt aims for housing for all by 2022, extends additional tax incentive on home loans

Last Updated: Thursday, July 10, 2014, 13:55

Further, a Mission on Low Cost Affordable Housing will be started and the same will be anchored in the National Housing Bank.

Mahindra Lifespaces ventures into affordable housing segment

Last Updated: Monday, June 16, 2014, 16:54

Chairman Arun Nanda said the new project is company's strategic endeavour to address the large and under served home ownership market.

DSIIDC holds draw of lots for allotment of low-cost houses

Last Updated: Friday, June 06, 2014, 23:18

The Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) on Thursday conducted draw of lots for allotment of low-cost houses in the city for industrial workers under the 2nd Rajiv Gandhi Housing Scheme, 2007.

Assocham suggests steps to give boost to affordable housing

Last Updated: Tuesday, May 20, 2014, 16:28

The country currently requires 18.78 million additional houses as per Assocham.

HDFC raises $300 mn under affordable housing plan

Last Updated: Friday, February 28, 2014, 21:02

Low-cost affordable housing units have been defined as units where the property cost does not exceed Rs 30 lakh, loan amount is capped at Rs 25 lakh and the carpet area does not exceed 60 square metres.

More than 9000 BPL families to get aid for house construction

Last Updated: Saturday, September 28, 2013, 23:25

More than 9,000 BPL families in Kerala would be given financial aid to construct houses in Kerala, Union Rural Development Minister Jairam Ramesh said today.

Over 15 lakh houses for urban poor to be built: PM

Last Updated: Saturday, September 14, 2013, 13:02

Noting that rapid urbanisation has led to the problem of growing slums in cities, Prime Minister Manmohan Singh on Saturday said the Centre plans to construct over 15 lakh houses for the urban poor.

GHB to build 40,000 affordable houses every year

Last Updated: Thursday, August 01, 2013, 16:31

Affordable houses will be build every year for low and medium income groups.

Haryana govt approves Rs 329 cr for construction of EWS houses

Last Updated: Tuesday, July 30, 2013, 18:40

State Housing Board has already called for registration of 10,215 eligible applicants as part of project for construction of 50,000 houses.

'Land, quick approvals necessary for low-cost housing projects'

Last Updated: Tuesday, July 23, 2013, 19:26

Government needs to ensure availability of land and speedy approvals for effective implementation of low-cost housing projects, real estate developers' body NARDECO said on Tuesday.