Tag: affordable housing

Budget 2025: Housing measures announced by Nirmala Sitharaman

February 1, 2025 admin

Image for representative purpose | Photo Credit: The Hindu Presenting the Union Budget for 2025 in the Parliament on Saturday (February 1, 2025), Finance Minister Nirmala Sitharaman listed measures to expand affordable housing. Ms. Sitharaman announced that 40,000 units of housing would be completed in 2025-26 to help families which have taken loans to buy…

Business

Why is India’s affordable housing market shrinking?

October 4, 2023 admin

Affordable housing, once considered a sunrise segment of the real estate sector following the Union Government’s promise of “Housing for All” in 2015 and subsequent subsidies under the Prime Minister Awas Yojana has witnessed one of the starkest declines in demand and supply over the past three years mainly in India’s urban areas. According to…

Business