at the very Core of it all … is Content!
India is not the only country which suffers from evils of affordable housing shortage. Even in other parts of the world, the lack of low-income homes is the cause for higher mortality, reduced security and self-respect and even criminality. Like India, Brazil is a land of considerable social contrasts. On one hand, there are …
Over the past decade, the construction industry has been hit hard by economic slowdowns and extreme market fluctuations. Construction and infrastructure play a significant role in a country’s economy, but rigid contractual policies and very high construction costs (among other factors) have been constricting the growth of this sector in India. Needless to say, growth …
There are good reasons why Chakan in Pune’s PCMC region has evolved into the thriving hub it is today. To begin with, this area enjoys superlative locational advantages, being in the middle of Maharashtra’s Golden Triangle and well-connected to Pune, Nasik and Mumbai. The growth of the IT, manufacturing, automobile and services industries in this …
At a rough estimate, India’s overall housing shortage as of today stands at about 22 million homes. Within this, the shortage of affordable housing – homes with price tags in the range of Rs. 10-20 lakh – accounts for a very sizable share. The supply of homes which people with less-than-spectacular financial resources but who …
Best Choice’s Samer Choucair sees influx of affordable housing solutions to address demand June 4, 2014 The rapid urbanization and population growth in the GCC have resulted in an increased demand for affordable housing units from low- and middle-income households. Estimates from the United Nations show that the number people living in the cities …
Statement from the National Housing Conference on the re-proposed qualified residential mortgage rule WASHINGTON— Regulators have proposed a new version of mortgage rules that will give more Americans access to mortgage credit while helping to keep the mortgage finance system safe and sound. The National Housing Conference (NHC) applauds the six regulatory agencies for responding …
Dr. Girija Vyas, Minister of Housing and Urban Poverty Alleviation, has called upon the private developers to develop economic models to foster affordable housing for the economically weaker sections and lower income group households in urban areas . Dr Vyas said this while delivering her inaugural address at “National Symposium on Affordable Housing” here today. …
In February of this year, Union Housing Minister Ajay Maken had indicated that the Centre is considering the possibility of according infrastructure status to affordable housing. While we have still not been given greater clarity on the progress of this initiative, it is certainly a great need of the hour for India’s larger cities. As …
Anil Pharande Affordable housing is a term we use for residential units in India’s urban areas which are affordably priced with respect to households that fall within a specific limited income range. There is no single set of parameters to define what an affordable housing unit should cost in India. This is because the pricing …