Housing Sales-to-Supply Ratio Rises to 1.36
Amidst controlled new housing launches, the residential sales-to-supply ratio has improved to 1.36 currently, as ag.. September 2020
India has reportedly signed 11 Memorandum of Understandings (MoUs) worth $9.5 million with the Afghan Government. The MoUs singed were for infrastructure and public services such as health clinics and government-related projects.
The project are reportedly a part of the 577 development projects which are funded by India for 2005-2021 worth $120 million. The projects include construction of classrooms, orphanages, health clinics, canal protection walls and enhancing economic opportunities for women for the seven provinces of Afghanistan, namely, Balkh, Ghor, Herat, Kabul, Bamyan, Badghis and Kapisa. The project aims to help the local communities in education, employment and livelihood generation and capacity building.
The projects fall under the ambit of community-based Small Development Projects (SDP). The SDP aims at building capacities and capabilities of Afghan nationals and institutions for governance and delivery of public services, developing socio-economic infrastructure, securing and promoting livelihood options. Besides, India has undertaken projects worth over $2 billion in Afghanistan since 2001.