Tag: Housing Ministry

Home owner may add extra floors

January 5, 2009 – 4:27 am

The ministry of housing is considering a proposal that may allow home owners to add extra floor beyond prevailing norms on their existing properties by paying a fee to the local body. The money will be used for providing affordable housing to the economically weaker section. The proposal is based on the recommendations of the [...]

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Housing ministry’s offer for small home buyers

December 29, 2008 – 7:50 am

The housing ministry has offered a veritable bonanza for first-time house buyers in the low and middle income groups, suggesting tax breaks, cap on prices and freeze on interest rates. It has also suggested a one-time debt-restructuring for realtors. Keeping the middle class vote bank in view, the government wants to benefit the urban lower [...]

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Golden Gate Bets On Low-Cost Housing

August 25, 2008 – 7:52 am

Citigroup-backed Golden Gate Properties plans to invest close to Rs 2,000 crore over two years in affordable housing projects, a senior official said. The projects will be funded primarily through customer sales, apart from banks loans to the tune of Rs 500 and equity, Golden Gate managing director K Pratap said. The Bangalore-based developer on [...]

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