Browsing Tag
Affordable housing
120 posts
“Redevelopment Must Be Inclusive, Sustainable”: New Report Charts Roadmap for India’s Urban Future
A new report by GRSF and Primus Partners warns India’s cities face an unsustainable future without bold redevelopment reforms. “We must craft urban spaces that are resilient, inclusive, and future-ready,” said Aarti Harbhajanka, MD, Primus Partners, as the study set out a roadmap for zero sprawl, affordable housing, and smart infrastructure by 2047.
Residential Sales to Maintain Steady 10–12% Growth Path: CRISIL Ratings
India’s residential real estate sector is set for stable 10–12% growth over the next two years as demand rebounds, driven by lower interest rates and a rising preference for premium homes. While inventory is likely to inch up, developers’ strong collections and deleveraged balance sheets will help maintain healthy credit profiles, according to CRISIL Ratings.
Home Loan EMIs to Fall as Banks Cut Lending Rates; Real Estate Sector Set for a Boost
In a major boost to homebuyers and the real estate sector, top Indian banks have reduced lending rates after the RBI’s recent repo rate cut. The move is expected to lower EMIs, revive housing demand, and encourage fresh property investments, especially in key urban markets like Mumbai and Pune.
MHADA Floats Tender for Redevelopment of Jogeshwari’s PMGP Colony; Residents to Receive 450 Sq. Ft. Homes
MHADA has initiated the tender process for the long-pending redevelopment of PMGP Colony in Jogeshwari (East), Mumbai. Nearly 1,000 families living in 180 sq. ft. units will soon be rehabilitated into modern 450 sq. ft. homes. After delays with a private developer, MHADA will now execute the project through an EPC contractor over the next three and a half years.