Browsing Tag

Affordable housing

69 posts
CIDCO

CIDCO’s Hits 1,00,000 Applications, Registration Extended Until December 26

CIDCO’s “My Preferred CIDCO Home” scheme has reached a milestone of 1,00,000 applications for its 26,000 affordable homes. The registration deadline has been extended to December 26, 2024, allowing more citizens to apply and providing them additional time to gather necessary documents.
MHADA

MHADA Workshop Outlines Roadmap for MMR Growth Hub Project to Deliver 8 Lakh Affordable Homes by 2030

MHADA’s workshop on the MMR Growth Hub Project outlines a roadmap to deliver 8 lakh affordable homes by 2030, with a focus on slum rehabilitation, private developer collaboration, and innovative housing models. The project aims to address Mumbai’s housing crisis, spur economic growth, and transform the region’s urban landscape through sustainable redevelopment and cluster-based planning.
MHADA

Deadline Extended for MHADA Konkan Board Lottery Applications Till December 24

MHADA has extended the deadline for its Konkan Housing Board lottery applications to December 24, 2024. The lottery offers 2,264 flats under various schemes, with a computerized draw scheduled for January 21, 2025. MHADA is encouraging citizens to participate and take advantage of this opportunity for affordable housing in Maharashtra.
RBI

RBI’s Neutral Stance on Repo Rate: What It Means for India’s Real Estate Sector

The RBI’s decision to keep the repo rate unchanged at 6.5% for the eleventh consecutive meeting has led to a mix of optimism and concern in India’s real estate sector. While stability in borrowing costs provides confidence to developers and homebuyers, many were hoping for a rate cut to boost affordability and housing demand, particularly in the affordable housing segment. Experts emphasize the importance of government support and liquidity measures to sustain growth in the sector.
RBI

RBI MPC Meeting Begins Repo Rate Likely to Remain Unchanged, with Real Estate Sector Watching Closely

The Reserve Bank of India’s MPC meeting begins today, with expectations that the repo rate will stay at 6.5%. The real estate sector is particularly focused on the decision, hoping for a rate cut that could lower home loan EMIs and boost demand, especially in the affordable housing market. Industry experts believe the RBI’s stability in monetary policy will continue to foster growth, contributing to India’s overall economic resilience.