Why is Affordable Housing in India Restricted to the Peripheries?
India continues to strive for a more globally-aligned image for urban living conditions, which is what the Smart Cities mission is really all about. However, the primary need if India's housing market is to rank higher on global benchmarks of urban liveability is still a numbers game. Access to quality affordable housing, if 'quality' is primarily defined by location, is still a major challenge for most Indian citizens.
- 11/02/2019
- 2
Real Estate Welcomes the Overdue Repo Rate Cut
RBI's decision to slash the repo rate by 25 basis point to 6.25 % is a welcome and unexpectedly positive move, given the sops that the recent expansionary budget gave to farmers at an additional cost of Rs 75,000 crore per annum. It was also overdue, as this has been the first cut in a long time. It definitely augurs well for the real estate sector which also received a budget bonanza in the previous week.
- 07/02/2019
- 3
Interim Budget 2019 - Affordable Housing Gains Amidst High Electoral Pitch
The interim budget was more or less a vote bank-facing exercise - an electoral pitch that drew attention to past achievements. Vote-bank directed announcements included benefits to 12-crore small farmers via credit of INR 6k/year directly into their bank accounts, and also to 10 crore labourers by way of direct pension bonanza.
- 01/02/2019
- 0
India: 60% Unsold Inventory is Ready-to-move-in
Indians looking to buy homes in 2019 have a very compelling rationale to opt for ready-to-move (RTM) homes, which – apart from being exempt of the 12% GST ambit - are available plentifully.
- 30/01/2019
- 3
Self-Redevelopment: The Future of Mumbai Real Estate?
Redevelopment is a fact of life in any ageing, land-starved metropolitan city. In India, no city defines this dynamic quite as accurately as Mumbai.
- 25/01/2019
- 4
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