XRBIA Developers has reached yet another milestone with the announcement of multiple path-breaking initiatives including the launch of 10 new cities in the value housing segment between Mumbai and Pune.
Under Nitin Gadkari´s guidance, the rural development ministry is now drawing up plans to spend Rs 3.45 lakh crore to build nearly 30 million houses for the homeless by 2022 under the National Gramin Awaas Mission.
Anant Raj Group, working in line with the PM´s vision of Housing For All, has recently developed approximately 2,500 affordable homes in the RIICO Industrial Area of Neemrana in Rajasthan under the project ´Anant Raj Aashray.´
Global real estate consultant Cushman & Wakefield estimates that the urban affordable housing segment currently presents a USD 11.8 billion (INR 75,800 crore) opportunity for the private sector. At a time when the Central government is placing strong emphasis on the ‘Housing for All by 2022’ initiative, Cushman and Wakefield expects the strong demand pipeline in the top seven cities to drive the private sector’s participation in creating affordable housing.
The Union Budget for 2015-16 is a big disappointment to the real estate sector, said Rajesh Prajapati – MD, Prajapati Constructions Ltd.
We move over 1 billion people per day,¨ claims the company with pride. Indeed, founded in 1874 in Switzerland, Schindler manufacturers, installs, services and modernises elevators, escalators and moving walks; it has over 1,000 branch offices in more than 100 countries
The Real Estate (Regulation and Development) Bill has been passed by the Rajya Sabha. The Bill had been introduced by the earlier government in 2013. The first draft had been rejected last year by the Rajya Sabha, with Opposition leaders saying it favoured developers and did not serve the interests of consumers.
Essel Group recently announced the launch of its first real estate project under the brand ASHA 2022, for the tri-city region Chandigarh in Panchkula, Haryana
Known for being the king of innovation and value-driven approaches in the Indian construction industry, the Indian multinational, Shapoorji Pallonji Group with an unparalleled experience garnered over 150 years, recently launched its first affordable housing brand-Joyville.
With ´Housing for All´ a crying need for the country, and a priority for the government, it is time for a multi-pronged strategy that involves the private sector to bridge the demand-supply gap.
