Coming! New Affordable Housing Scheme

The new scheme may be announced before the Lok Sabha elections. Illustration: Dominic Xavier/Rediff.com   The government is planning a new affordable housing scheme for households in urban......

Will Poll Gamechanger Laadki Bahin Continue?

'I wonder if they will keep it up after the elections.''I fear they'll start questioning eligibility -- income, age, bank accounts -- and eventually stop the scheme altogether.' IMAGE: Prime......

Battle For Survival For Pawars, Uddhav, Shinde

Voters, it is said, get the government they deserve. On November 23, we will see what voters in Maharashtra choose. Till then, a sense of helplessness and scepticism hangs in the air, notes Ramesh......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Budget 2024: Real estate sector bats for revival of affordable housing

The real estate sector wants “high-impact” measures, like special schemes and tax breaks for developers, to revive the fortunes of the affordable housing segment in the country,......

Affordable housing: The new realty mantra

With the market for high-priced houses crashing, real estate developers are seeking a fortune in affordable housing and devising ways to keep the costs down. You could call it the Nano effect.......

Modi sells Indian voters low-cost housing dream

A low-cost housing project in Boisar, a satellite town outside Mumbai, offers a taste of how hard it will be for Narendra Modi to fulfil a pledge to provide affordable homes for every Indian family......

Cashing in on the low-cost home rush

Does low-cost housing make economic sense? It seems to. Developers believe the loss in margins (20 per cent in affordable housing, against 50-300 per cent in case of premium housing) can be made......