As part of the scheme, existing vacant government funded housing complexes will be converted in Affordable Rental Housing Complexes through Concession Agreements for 25 years.
It said builders can levy GST on buyers of affordable housing projects only if they reduce the apartment prices after factoring in the credit claimed on inputs.
Arun Jaitley on Tuesday said the Indian economy is on a strong wicket with sound macro-economic fundamentals. He took a graphical approach to explain the achievements of his ministry in the last three years and also to explain the future strategies.
Ashok Lavasa said 1.2 crore units under the Pradhan Mantri Awas Yojana or PMAY (Urban) would entail an expenditure of Rs 1,85,069 crore in three years.
Finance Minister Arun Jaitley today announced infrastructure status to affordable housing in Budget 2017-18.
Online applications for a flagship scheme that aims to bring more people under the ambit of the Narendra Modi government’s Pradhan Mantri Awas Yojana (Urban), began today.
New Delhi: On the first day here at the World Economic Forum at Davos, there is no getting around Narendra Modi. Every second conversation that I strike up or am engaged in seems to come
New Delhi: The year 2014 has been quite fruitful for the real estate sector in terms of business sentiment, although the real effect of many of the policies and amendments announced in 2014 will take
New Delhi: These days, affordable housing has become a crucial instrument in India's inclusive development agenda, and is adding a new chapter to the country's real estate story. The growth in affordable housing is attributed
New Delhi: When we talk of affordable housing in India, we are not talking merely about cheap homes. If that were the only parameter to define, affordable housing, then houses in villages or in utterly
New Delhi,Jan 10: With an aim of helping rural poor to have their own affordable houses, Government on Thursday raised the amount of assistance from Rs 45,000 to Rs 70,000 for construction of a dwelling
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