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

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

31 pc of total office spaces in top 6 cities certified as green buildings: Report

31 pc of total office spaces in top 6 cities certified as green buildings: Report

“Certified stock (of office space) has also increased substantially, growing at a CAGR of 10.7 per cent compared to 7.7 per cent for the overall stock since 2011,” the report said. Nearly one-third of total office spaces in six major cities have been certified as green buildings, as real estate developers are focusing more on … Read more