Browsing Tag

Affordable housing

51 posts
fractional ownership

Survey Reveals 57% of Investors Favor Steady Rental Yields in Fractional Real Estate Ownership

A survey conducted by Fracspace found that 57% of investors prioritize steady rental yields in fractional real estate ownership, reflecting a shift towards affordable and flexible investment options. The results reveal that middle-class investors are increasingly drawn to co-ownership models for their potential financial security and ease of management.
Modi wants to build 3 crore homes for urban and rural poor

Maharashtra Government Allocates ₹8,100 Crore for PMAY (Urban) 2.0

The Maharashtra government has announced an allocation of ₹8,100 crore for the implementation of Pradhan Mantri Awas Yojana (Urban) 2.0. This initiative aims to provide affordable housing to urban residents, offering financial subsidies to eligible homebuyers. To qualify, applicants must not own any residential property in the country
CIDCO

CIDCO Receives 12,000 Applications for Its Lottery in 24 Hours

CIDCO’s “My Preferred CIDCO Home” scheme has seen an unprecedented response, with 12,400 applications submitted in the first 24 hours. Designed for Economically Weaker Sections and Low-Income Groups, this initiative offers a total of 67,000 homes in Navi Mumbai, highlighting the public’s confidence in CIDCO’s housing projects. Registration is open until November 11.
MHADA

MHADA Konkan Board Directs Developer to Cease Additional Fees for EWS Flat Winners in Dhokali

The Maharashtra Housing and Area Development Authority (MHADA) has directed a Thane-based developer to cease additional fee demands from 132 EWS flat winners in Dhokali. This decision ensures beneficiaries can purchase their flats at the originally advertised prices without unexpected financial burdens, upholding the guidelines of the 20% All-Inclusive Scheme.
MHADA

MHADA Konkan Board Announces Lottery for 12,626 Housing Units and Plots

The Konkan Housing and Area Development Board (MHADA) has announced a lottery for 12,626 housing units across multiple regions, including Thane and Palghar, with registration commencing on October 11, 2024. The lottery aims to provide affordable housing options, with 11,187 units available under the First-Come, First-Served scheme. The draw for eligible applicants is scheduled for December 27, 2024.