Affordable Housing Funds
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Flats Worth Rs 6.6 Crore Sold For Rs 100 To Ensure Affordable Housing In UK
The Cornwall Council has agreed to sell 11 flats in Looe to a community land trust to avoid high maintenance costs.
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Alliance Group Raises Rs 165 Crore From Kotak Realty Fund
The structured debt deal is against an affordable housing project, Revolution One. It has taken Kotak Realty Fund's total commitment to around Rs 800 crore across five projects in Chennai and Hyderabad.
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Amazon Commits $2 Billion for Affordable Housing Around US Hubs
Amazon said it was committing $2 billion (roughly Rs. 14,620 crores) to help create more affordable housing in the area around its second headquarters near the US capital and other hubs of the tech and retail giant.
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Rs 10,000-Crore Push For Affordable Housing Projects: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday announced a special window of Rs 10,000 crore to boost affordable and middle-income housing. The move was announced as part of a third instalment of steps within three weeks to boost the economy, which grew at its slowest pace in six years in the first quarter of the current financial year. The govern...
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Budget 2018: Government Announces Dedicated Affordable Housing Fund
Experts were disappointed with no changes in the income tax slabs and absence of other direct measures that influence the real estate sector.
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SBI To Raise Rs 20,000 Crore For Affordable Housing, Infrastructure
Earlier this month, SBI had announced plans to raise up to $2 billion by issuing bonds in the US dollar or other convertible currency to fund overseas expansion.
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Government Announces New Policy To Boost Private Investment In Affordable Housing
The policy extends Central funds of up to Rs 2.50 lakh for each house to be built by private builders even on private land.
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Sebi Eases Norms For Debt Mutual Fund Investment In Housing Finance Firms
The norms have been relaxed as part of efforts to channelise more funds towards affordable housing activities.
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SBI To Raise Rs 5,000 Crore In FY17 For infra, Affordable Housing
The bank was accorded approval from the Executive Committee of its Central Board at a meeting held on Thursday.
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Centre Asks States To Lower Stamp Duty For Affordable Housing
Union government has written to the states asking them to reduce stamp duty on registration of houses for poor as it aims to push affordable housing projects across the country.
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HDFC Bank To Seek Shareholders' Nod To Raise Rs 50,000 Crore
In July, 2015, RBI had issued guidelines for banks on 'Issue of long-term bonds by banks-financing of infrastructure and affordable housing' to ensure availability of funding to such sectors.
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PF Body To Consider Housing Scheme For Members Next Month: Report
The Employees' Provident Fund Organisation (EPFO) is working on a proposal to provide low cost housing to its more than five crore subscribers.
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ICICI Prudential Invests Rs 150 Crore In Signature Global
ICICI Prudential's real estate fund has invested Rs 150 crore in realty firm Signature Global for the development of ongoing and future affordable housing projects.
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Canada Pension Fund Ready to Invest $2 Bn in Mumbai Housing: Maharashtra Chief Minister
Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.
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Housing Sector Gets Leg-Up as RBI to Lower Minimum Risk Weight
Lowering of minimum risk weight means that banks will have to set aside less capital for affordable housing loans leading to availability of more funds for the segment.
-
Flats Worth Rs 6.6 Crore Sold For Rs 100 To Ensure Affordable Housing In UK
The Cornwall Council has agreed to sell 11 flats in Looe to a community land trust to avoid high maintenance costs.
-
Alliance Group Raises Rs 165 Crore From Kotak Realty Fund
The structured debt deal is against an affordable housing project, Revolution One. It has taken Kotak Realty Fund's total commitment to around Rs 800 crore across five projects in Chennai and Hyderabad.
-
Amazon Commits $2 Billion for Affordable Housing Around US Hubs
Amazon said it was committing $2 billion (roughly Rs. 14,620 crores) to help create more affordable housing in the area around its second headquarters near the US capital and other hubs of the tech and retail giant.
-
Rs 10,000-Crore Push For Affordable Housing Projects: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday announced a special window of Rs 10,000 crore to boost affordable and middle-income housing. The move was announced as part of a third instalment of steps within three weeks to boost the economy, which grew at its slowest pace in six years in the first quarter of the current financial year. The govern...
-
Budget 2018: Government Announces Dedicated Affordable Housing Fund
Experts were disappointed with no changes in the income tax slabs and absence of other direct measures that influence the real estate sector.
-
SBI To Raise Rs 20,000 Crore For Affordable Housing, Infrastructure
Earlier this month, SBI had announced plans to raise up to $2 billion by issuing bonds in the US dollar or other convertible currency to fund overseas expansion.
-
Government Announces New Policy To Boost Private Investment In Affordable Housing
The policy extends Central funds of up to Rs 2.50 lakh for each house to be built by private builders even on private land.
-
Sebi Eases Norms For Debt Mutual Fund Investment In Housing Finance Firms
The norms have been relaxed as part of efforts to channelise more funds towards affordable housing activities.
-
SBI To Raise Rs 5,000 Crore In FY17 For infra, Affordable Housing
The bank was accorded approval from the Executive Committee of its Central Board at a meeting held on Thursday.
-
Centre Asks States To Lower Stamp Duty For Affordable Housing
Union government has written to the states asking them to reduce stamp duty on registration of houses for poor as it aims to push affordable housing projects across the country.
-
HDFC Bank To Seek Shareholders' Nod To Raise Rs 50,000 Crore
In July, 2015, RBI had issued guidelines for banks on 'Issue of long-term bonds by banks-financing of infrastructure and affordable housing' to ensure availability of funding to such sectors.
-
PF Body To Consider Housing Scheme For Members Next Month: Report
The Employees' Provident Fund Organisation (EPFO) is working on a proposal to provide low cost housing to its more than five crore subscribers.
-
ICICI Prudential Invests Rs 150 Crore In Signature Global
ICICI Prudential's real estate fund has invested Rs 150 crore in realty firm Signature Global for the development of ongoing and future affordable housing projects.
-
Canada Pension Fund Ready to Invest $2 Bn in Mumbai Housing: Maharashtra Chief Minister
Canada's pension fund is ready to invest $2 billion (Rs 13,000 crore at $1 = Rs 65) in affordable housing in Mumbai, Maharashtra Chief Minister Devendra Fadnavis said, in a move that would boost Prime Minister Narendra Modi's goal of providing cheap housing to millions of people.
-
Housing Sector Gets Leg-Up as RBI to Lower Minimum Risk Weight
Lowering of minimum risk weight means that banks will have to set aside less capital for affordable housing loans leading to availability of more funds for the segment.
