Luxury Housing

Over next 3-4 years, plan to reduce debt to zero: Hubtown promoter

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Over next 3-4 years, plan to reduce debt to zero: Hubtown promoter

Rushank Shah, Promoter, Hubtown, says that over the next three to four years, they are focusing on a couple of things. One of the first things they are focusing on is reducing our debt from our current levels to zero, as well as they will be using some of the existing land parcels including one … Read more

Why affordable housing may become a challenge for developers despite the government push

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Why affordable housing may become a challenge for developers despite the government push

Prime Minister Narendra Modi approved government assistance for the construction of three crore rural and urban houses under Pradhan Mantri Awas Yojana (PMAY) during the maiden Cabinet meeting of his third term last week. However, affordable housing in urban and metro cities has taken a back seat recently, with a shift in focus towards the … Read more