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MHUPA

New Govt lists top 3 priorities for Housing sector

With Venkaiah Naidu, a member of Prime Minister Narendra Modi’s Cabinet, assuming charge as Urban Development and Housing and Poverty Alleviation Minister (HUPA), the realty sector is aspiring for good days ahead. CommonFloor presents you the three priorities listed by the new HUPA minister that could be a game-changer for the sector. Housing for all […]

nikunj.j

affordable housing

High Demand for Affordable Housing

India’s urban housing shortage is primarily driven by people requiring affordable housing. Commonfloor.com recently conducted a customer survey to identify the most preferred budget for purchasing a house in 2014. Almost 80% of the respondents have a budget of less than Rs. 70 lakhs for buying a house in India. While cities such as Mumbai […]

karthik.k

Major challenges for Indian real estate

Real estate in India has been going though a dimly lit corridor during the past one year. Dip in demand for housing sector and a weak economy has resulted in sluggish sales across the country in 2012. The absorption rates in realty hubs like Dehi NCR and Mumbai have come down by about 30% and […]

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