As the rental market braces to once again feel the cold shoulder where Budget related housing initiatives are concerned, the latest research by Zero Deposit, the alternative to a tenancy deposit, has revealed the consequence of a homebuyer focussed Government, as privately rented homes as a proportion of all dwellings have fallen to their lowest percentage in a decade. Zero …

The plotted development project secures a revenue of INR 650+ Crores showcasing a robust demand Bengaluru, 23rd February, 2024: TATA Housing has exceeded expectations with the swift sell-out of Phase 1 in its flagship Project, Raagam, achieving a revenue of INR 650+ Crores within 1 week of its launch. With 576 plots sold and a total area of 9 lakhs …

In a significant move aimed at bolstering the Indian economy and addressing the country’s housing crisis, the Government of India has announced ambitious plans to construct 20 million rural homes and assist middle-income individuals in purchasing houses. While the 2024 budget lacked major announcements targeting the furniture industry directly, these housing schemes are poised to significantly benefit the sector, fostering …

1.5MW Solar PV system covering 18.6% of annual energy consumption 38.9% savings in water usage achieved through water-efficient fixtures 100% electric material handling vehicles for indoor operations. Mumbai, India, 13 February, 2024: DP World, a leading global provider of smart end-to-end supply chain solutions, has received Platinum certification from The Indian Green Building Council (IGBC) for its Nhava Sheva Business …

February 07, 2024: In an ever-changing world where education and accommodation intertwine, understanding the dynamics of student housing and the migration of international students and its trends becomes crucial. Recognizing this, amber, a leader in global student housing solutions, has released its comprehensive ‘US International Student Housing Annual Report 2023-24’ This report delves into the multifaceted US student housing market, …

Ends Q3 FY’24 with AUM of INR 12,025 Cr, PAT for the quarter grows by 69% YoY to INR 61.5 Cr Shriram Housing Finance Limited, a leading affordable housing finance company announced its results for Q3 FY’24. Assets Under Management (AUM) as of end of the calendar year grew to INR 12,025 Cr. The disbursals for the quarter stood at …

– Opens up another source of long term funding for SMFG Grihashakti, thereby helping diversification of sources of funds and support asset liability management Bengaluru, 23 January, 2024: SMFG Grihashakti, one of the leading players in the affordable housing finance space in India has successfully secured long-tenor funds amounting to INR 300 Crore from National Housing Bank (NHB). This maiden …

National, 2nd January 2024: PNB Housing Finance, one of the largest housing finance companies in India, today announced that India Ratings and Research (Ind-Ra) has upgraded the Company non- convertible debentures (NCDs) to ‘IND AA+’ from ‘IND AA’ with Stable outlook. Further, Ind-Ra NCDs limit has been split into bank loans and NCDs and ‘IND AA+’ rating has been assigned …

Bengaluru, December 29, 2023: Provident Housing Limited, a wholly owned subsidiary of Puravankara Limited focused on mid-segment housing, has announced a unique scheme to assist serving and retired armed forces personnel in owning a home. The developer will offer a special discount of 2 per cent for eligible armed forces personnel across projects. As of last count, India has around …

Bengaluru: Provident Housing Limited, a wholly owned subsidiary of Puravankara Limited, focused on large-scale community housing, today unveiled its second Environment, Social and Governance (ESG) report that highlights how the company is leading the way towards sustainable operational and business practices by adopting new technologies and reducing its impact on the environment. The report demonstrates Provident Housing’s commitment to sustainable …