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economically weaker sections

PCMC1

PCMC get government’s support for its housing schemes

Housing project for the Economically Weaker Sections (EWS) of Pune has undergone too many complications, land acquisition and its rising cost being the primary one. The Pimpri-Chinchwad Municipal Corporation (PCMC) housing scheme for 5000 beneficiaries to own an apartment was on a death knell for dreams, however the recent government’s interference has turned the table. […]

tax free bonds

NHB to raise 2100 crore through Tax free bonds

Boosted with the standard set by its private placement programme, NHB (National Housing Bank) has stepped forward with a retail offering of tax-free bonds, to be raised by next month. The country’s housing finance regulator-NHB, has given its confirmation that it will raise Rs 2100 crore in retail tax free bonds in the following month, […]

New ‘high density’ policy will boost affordable housing in NCR

Builders and developers would be provided with opportunities to increase the density of population in the housing projects constructed by them, all thanks to the ‘high density’ housing policy, approved by the Haryana government. Under this policy, developers would be able an extra number of housing units, in a given area. Private firms are offered […]

CommonFloor Editorial Team

EWS buyers reluctant to take BDA flats

Despite of subsidies given to the economically weaker sections, there are very few takers for Bangalore Development Authority’s (BDA) low cost single bedroom flats. Now the BDA is planning to convert some of the flats into double or three bedroom flats. BDA has proposed to allot over 4,300 flats this time but they have received […]

Priyanka Choudhury

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