Real Estate Mumbai
Affordable Housing in Decline: Shift in Focus to Premium Sectors Raises Concerns
An in-depth analysis of the real estate market in major Indian cities reveals a concerning shift away from affordable housing, with developers increasingly focusing on premium segments. This trend poses significant challenges for the Prime Minister's Affordable Housing for All (PMAY) initiative.
Real Estate Pune
Affordable Housing in Decline: Real Estate Shifts Focus to Premium Segments
An in-depth analysis reveals that affordable housing projects under PMAY are declining as the real estate sector in major Indian cities shifts its focus towards premium segments, affecting thousands of low-income families.
real estate news
Real Estate Sales Growth Levels Off Amid Affordable Housing Focus
The real estate sector's sales growth has plateaued after a strong run, with the government's continued emphasis on affordable housing, particularly through the PMAY-Urban scheme, driving significant allocations.
Real Estate
Delhi's Real Estate Crisis: A ₹1 Crore Debt to Stay in the Capital
A viral social media post has shed light on the dire housing situation in Delhi, where many residents are forced to take on overwhelming debt to secure a place to live. The post highlights the growing gap between income and housing affordability, which has sparked widespread debate about the state of the real estate market in the capital.
real estate news
Housing Market Thrives: Prices Set to Outpace Inflation in 2023
In a recent interview, CREDAI President Irani emphasizes that the Indian housing market remains robust, with no signs of demand slowdown. Prices are expected to grow at a rate higher than the inflation rate this year.
real estate news
Q2FY24 Sees 14% Growth in Individual Housing Loans, MIG Segment Dominates
Individual housing loans outstanding rose 14% to ₹33.53 lakh crore in Q2FY24, with the MIG segment leading the growth. Here’s a detailed look at the trends and factors driving this increase.