Page 4 - Affordable Housing

Affordable housing finance companies may grow at 12-15% in FY22: Report

The long-term growth outlook for affordable housing finance companies remains positive, says a report

Shriram Housing Finance to raise Rs 400 crore equity capital in H1FY22

The capital will predominantly come from within Shriram group

UltraTech, ACC: Infra push in Budget 2021 to fuel rally in cement stocks

Frontline cement stocks have shown tremendous strength in the stock price from a medium term view that may touch higher levels in coming months

Demand for affordable housing to rise on extension of tax sops: Realtors

The government has extended additional tax deduction of Rs 1.5 lakh on home loan interest till March 2022

Sundaram Home Finance Q3 net up 36% to Rs 56 cr, disbursements fall

Company optimistic about growth going forward, sees demand push from stamp duty reduction by states, softer prices by builders

NGO to build 2,000 houses martyred soldiers' families in Maharashtra

Housing-focused charity Habitat for Humanity India will build around 2,000 houses for the families of the martyred soldiers this year in Maharashtra, the non-profit has said.

Top headlines: Govt plans spending boost, international flight ban extended

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Ahmedabad, Pune, Chennai most affordable housing markets of 2020: Report

The latest affordability index of Knight Frank India cited Ahmedabad as the most affordable housing market in the country with an affordability ratio of 24% followed by Pune and Chennai

Early Diwali for homebuyers: RBI move to reduce rates, boost realty demand

The decision to rationalise risk weights woule particularly benefit borrowers of higher value loans

Bengaluru to Delhi: Demand for premium homes drives residential sales in Q2

In Mumbai, reduced stamp duty and low interest rates get customers interested in property

HDFC clears Rs 47,000 cr loans to 200,000 home buyers under subsidy scheme

These homebuyers belong to the Economically Weaker Section, Low Income Group and Middle Income Groups, HDFC said in a statement

81 stalled housing projects approved for funding under special window

They will collectively be able to complete 60,000 houses with Rs 8,767 cr investment

Affordable housing demand may get back to normal by Jan: Aadhar Housing CEO

The housing finance company posted a net profit of Rs 189.38 crore in FY20, up 16.6 per cent from Rs 162.37 crore in the previous fiscal year

Godrej Properties, DLF, Sobha: Trading strategies for realty counters

Realty stocks are trading mixed at the bourses on Thursday. While Unitech, HDIL, NBCC and DLF lost ground, Indiabulls Real Esate, Brigade Enterprises, Ansal Properties and Oberoi Realty gained ground

Affordable housing to free foodgrains, Cabinet approves key announcements

The Cabinet also approved the Centre's increased contribution for both employees and employers share (to 12 per cent from 10 per cent) under the Employees' Provident Fund for another 3 months

Housing for workers

Affordable accommodation for casual labourers has become a must

Karnataka to slash stamp duty on new apartments costing up to Rs 35 lakh

The Chief Minister directed that the stamp duty be cut from the existing five per cent to two per cent on apartments costing less than Rs 20 lakh, getting registered for the first time

Subsidy extension to spur demand for affordable housing, say experts

The scheme, which has been extended to March 2021, offers interest subsidy of 3-4% to middle-income groups, depending on their income levels

Covid-19 to derail affordable housing segment's growth momentum: Report

As on Q1 2020 end, there are more than 2.34 lakh unsold affordable homes in the top seven cities

Top headlines: Debt schemes see worst outflow, govt to map migrants

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