Browsing Tag

Affordable housing

121 posts
India's booming housing sector

Maharashtra’s Revolutionary Housing Policy 2025 Approved: 35 Lakh Homes, AI Portal, Focus on Slum Redevelopment

The Maharashtra Cabinet has approved the State Housing Policy 2025, targeting 35 lakh affordable homes by 2030 with an investment of ₹70,000 crore. The policy includes a centralized AI-based housing portal, cluster redevelopment of slums, land bank creation, and dedicated housing plans for various segments including working women, students, and industrial workers. Deputy CM Eknath Shinde described it as a transformative step for housing and the state’s economic growth.
akshay tritiya

Akshaya Tritiya 2025: Festive Deals Ignite Real Estate Buying Spree Across India

This Akshaya Tritiya, real estate developers across India are offering everything from gold coins to GST waivers to woo buyers. While the festive energy is high, experts warn homebuyers to focus on fundamentals like location, pricing, and hidden costs before signing the dotted line.
MHADA

MHADA Reduces Premium from 110% to 100% of Ready Reckoner Rate for Eligible Tenants

MHADA has announced a 10% reduction in the premium charged to eligible tenants of old cessed buildings for additional area—bringing it down from 110% to 100% of the Ready Reckoner Rate. The change applies retrospectively to December 2023 lottery beneficiaries and is part of a broader 100-day action plan that includes new eligibility criteria and faster allotments.
MHADA's 10th Lokshahi Din saw swift redressal of citizen grievances, including a ₹1.7 lakh interest waiver for a homebuyer and fast-tracked property transfers and eligibility reviews.

Developer Told to Waive ₹1.7 Lakh Interest for Homebuyer By MHADA

At MHADA’s 10th Lokshahi Din, ten public grievances were addressed with immediate departmental action. Highlights include a ₹1.7 lakh interest waiver for a homebuyer and fast resolution of cases involving property transfer, forged documents, and eligibility appeals.
RBI

RBI Rate Cut Brings Good News for Homebuyers: Lower EMIs

In a major relief for homebuyers, the RBI has reduced the repo rate by 25 basis points to 6%, marking its second consecutive cut. Industry leaders say this move will improve housing affordability, boost buyer sentiment, and encourage new project launches—especially in affordable and mid-income segments.