In order to promote affordable housing, the government, in the past 5-6 years has made various tax and fiscal concessions. The financial budget of the years 2015, 2016, 2017 and 2018 has made it clear that the government is taking numerous steps to provide houses to each and every person [...]
What is RERA? RERA stands for Real Estate Regulatory Act, which came into force on 1st May 2017. It was first introduced by the Indian National Congress in 2013. In 2015, the Union Cabinet of India had approved 20 of its amendments and finally, it was passed by the Rajya [...]
Affordable Housing under Pradhan Mantri Awas Yojana (PMAY-HFA) is a costly affair or a New Solution for all!
In the light of the staggering figure of 78 million homeless people in the country (2014), the two-year-old Pradhan Mantri Awas Yojana has come as a solace for the vagrant. While its tepid progress had put forth a question on the possibility of a promised "dream home", steps infused into [...]