Browsing Tag

Affordable housing

82 posts

Maharashtra Government to Fast-Track MSRTC Bus Depot Development, Invites Developers for 3,360 Acres of Land

The Maharashtra government plans to fast-track the development of MSRTC bus depots across district, taluka, and rural areas, inviting developers to utilize 3,360 acres of land. The government will soon float 150 to 160 tenders for the project. At the NAREDCO NextGen Conclave 2025, discussions covered real estate trends, AI adoption, and urban planning, with experts highlighting the impact of government reforms and tax policies on the sector.
Unsold stock of homes

RBI Cuts Repo Rate by 25bps: A Boon for Homebuyers and the Real Estate Sector

The RBI’s decision to cut the repo rate by 25 bps to 6.25% is a significant boost for the real estate sector. Experts believe this move, coupled with recent tax benefits, will make home loans more affordable, encourage homebuyers, and drive market growth. Industry leaders highlight the positive impact on liquidity, affordability, and overall demand in both residential and commercial real estate.
RBI

RBI Cuts Repo Rate by 25bps: Lower Home Loan Interest for Homebuyers

The RBI’s 25 bps repo rate cut to 6.25% is a major boost for homebuyers, reducing EMIs and making housing more affordable. Developers also benefit from lower financing costs, driving project completion and market growth. Experts see this as a key step toward strengthening the real estate sector in 2025.
MHADA

MHADA to Build 8 Lakh Homes in 5 Years Under Affordable Housing Plan

MHADA will construct 8 lakh affordable homes by 2030, aligning with NITI Aayog’s recommendations. Deputy CM Eknath Shinde announced the plan during a housing lottery event in Thane, where 2,147 homes and 117 plots were allotted. The government is also introducing a new housing policy, focusing on rental housing, hostels, and redevelopment projects to expand affordable housing options.

With Just ₹75,000 in His Bank, Vedanta Founder Anil Agarwal Bought His First Home in Malabar Hill

Vedanta founder Anil Agarwal recently shared an inspiring story about his first home purchase in Mumbai. Despite having only ₹75,000 in his bank account, he refused to settle for a suburban home and instead set his sights on Malabar Hill. His determination led him to buy a 330 sq ft flat in Navranga Apartment, marking a major milestone in his journey. Agarwal’s story is a testament to the power of ambition, proving that with hard work and self-belief, even the biggest dreams can become reality.