Delhi Development Authority's affordable housing schemes gain massive traction, with over 1,200 flats sold in just 48 hours.
Delhi Development AuthorityAffordable HousingReal EstateSasta Ghar SchemeMadhyam Vargiya SchemeReal Estate MaharashtraSep 11, 2024
The Sasta Ghar scheme is an affordable housing scheme launched by the Delhi Development Authority (DDA) to provide affordable housing to the economically weaker sections.
The Madhyam Vargiya scheme is a housing scheme launched by the DDA to provide affordable housing to the middle-income group.
Over 1,200 flats have been sold under the DDA's housing schemes within the first two days of booking.
The DDA has issued over 1,170 demand letters online within 24 hours of booking, demonstrating its commitment to transparency and efficiency.
The government has launched several initiatives to boost affordable housing, including the DDA's housing schemes, which have been yielding positive results.
The real estate sector in Maharashtra is buzzing with optimism as the newly formed government is expected to introduce transformative policies that could unlock significant growth and development in the industry.
Raymond, a leading textile and apparel conglomerate, has approved significant investments to bolster the growth of its real estate subsidiaries, Ten X Realty West and Ten X Realty.
LIC Housing Finance has announced a reduction in home loan interest rates by 25 basis points, effective from April 28. This move aligns with the Reserve Bank of India's (RBI) recent decisions and the current market conditions, aiming to stimulate consumer confidence in the housing sector.
DN Nagar police have arrested three individuals who stripped and gave electric shocks to four real estate agents, mistaking them for BMC informants. The incident took place in Andheri West and has sparked widespread outrage.
The Indian real estate market is witnessing a surge in demand for mid-premium homes, particularly in key metropolitan cities like Mumbai. NRIs and HNIs are finding these properties increasingly appealing due to their value and potential for appreciation.
Private equity investments in Indian real estate surged to $4.2 billion in 2024, marking a 32% increase from the previous year. This growth is particularly significant in cities like Mumbai, which continues to attract substantial capital.