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Construction & Infrastructure News

'Will The Luxury Market Survive in an Affordable Housing Era?’

June 2018

Since the Prime Minister’s announcement of the Housing for All by 2022 initiative, affordable housing seems to have become the buzzword of the real e...

Housing for All by 2022, Affordable housing, Farshid Cooper, Spenta Corporation

CREDAI-MCHI inks MoU for 2.5 lakh affordable housing in Mumbai and MMR

April 2018

CREDAI-MCHI inked an important Memorandum of Understanding (MoU) with the Government of Maharashtra for affordable housing in the presence Maharashtr...

CREDAI-MCHI, MoU, Sanjay Kumar, Devendra Fadnavis, Mayur Shah, Government of Maharashtra, Deepak Goradia, SS Hussain, Narendra Modi, MMR, MCGM, Affordable housing

Four million houses sanctioned till now under CLSS PMAY (Urban)

April 2018

The Minister of State (Independent Charge) for Housing and Urban Affairs Hardeep Singh Puri, has reportedly said that out of the required 12 million ...

Hardeep Singh Puri, Housing, Urban Affairs, Housing for All by 2022, RERA, FICCI-CBRE, Affordable Housing, Awas Yojana, Federation of Indian Chambers of Commerce and Industry

Steel shining!

March 2018

India is the third largest steel producer in the world after China and Japan and has an installed capacity of about 131 million tonne (mt) at present...

Steel producer, ICRA, Affordable housing, Roads, Railways, Transmission lines, Solar power generation, Construction, SGD, MIP, HRC, NPA, IBC, Jayanta Ray

PMAY-U: A Boost For Urban Housing

March 2018

According to economic survey 2015v16, the decade to 2011 saw inter-state migration of 60 million people and inter-district migration of around 80 mil...

economic survey 2015-16, EWS, PMAY-U, FSI, MHUPA, Housing for All 2022, PPP, Affordable housing, RERA, Binaifer Jehani, CRISIL Research

Rising share of non-housing loans, dilution in lending norms make HFC portfolios vulnerable

March 2018

Even while as housing loans continue to dominate the loan portfolio of housing finance companies (HFC)s, the share of housing loans in the overall HF...

HFC, ICRA, Supreeta Nijjar, Affordable housing, NPA

'We will develop 7,000 affordable homes and 7-8 million sq ft of commercial projects,' says P Ravindra Pai, MD, Century Real Estate

March 2018

With over 3,000 acre in its land bank and a development portfolio of over 20 million sq ft, Century Real Estate is among the largest owners of real e...

Affordable housing segment, Commercial, Airport Expressway, Precast technology, GGBS, RoI, Construction, GST, RERA, Housing for All
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