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VACANT RENTAL UNITS
Six yrs later, migrant workers still trapped in a cycle of exploitationMigrant workers are again facing hardship. Protests erupt over low wages and poor conditions. Government policies lag behind rising costs. ...- Bengaluru landlord suffers loss of Rs 5 lakh for charging Rs 75K for 3BHK. Netizens react: ‘This is peak level greedy…A Whitefield property owner is reportedly facing over ₹5 lakh in losses after two bedrooms of his three-bedroom flat remained vacant for a ...
- Eqaro Guarantees plans to raise $25 mn to scale its business, expand operationsEqaro’s financial guarantees provide MSMEs with access to working capital, assets & inventory without having to put up collaterals and marg...
- Union Cabinet approves Model Tenancy Act, to overhaul rental housing in the country“The Model Tenancy Act aims at creating a vibrant, sustainable and inclusive rental housing market in the country. It will enable creation ...
- Model Tenancy Act to help improve Indian rental market’s return metricsAccording to ratings agency ICRA, with such measures, the successful roll-out of the MTA is expected to have a positive impact on market fu...
- Add public housing to tenancy reformThe idea is to step up the supply of rental housing stock efficiently, under due oversight, so as to address the housing shortage nationall...
- Affordable housing projects should be exempted from tax to solve problem of vacant housing: ReportWith Ahmedabad as a case study, the report by Anant University on ‘Paradox of Vacant Houses in India’, said the phenomenon of keeping the h...
- Rent Courts, Fix Security Deposits: India gears up to implement rental housing policyThe implementation of these proposals may not be so simple since the Act is not binding on the states as land and urban development remain ...
- Govt to offer incentives for affordable rental housing complexes development: Hardeep Singh PuriThe govt is extending several incentives including free Floor Space Index (FSI), concessional project finance, free of cost trunk infrastru...
- Govt to offer incentives for Affordable Rental Housing Complexes development: Housing Minister PuriA total of 24 states and union territories have already signed Memorandum of Understanding (MoA) with the central government to implement t...
- Affordable rental housing complexes included in list of infrastructure sub sectors"Affordable Rental Housing Complex" is included in the Harmonized Master List of Infrastructure Sub-sectors by insertion of a new item in t...
- Housing Minister says open to 100% FDI in affordable rental accommodation projects“I can tell you up front, I am all for it (100 per cent FDI in affordable rental housing), because am clear as to what our objectives are. ...
- Cabinet nod for development of affordable rental housing complexes for urban migrants, poorAffordable Rental Housing Complexes is a sub-scheme under the Pradhan Mantri Awas Yojana-Urban. The concessionaire will make the complexes ...
- Model tenancy law to help attract institutional investments in rental housing: Report"India has nearly 11.09 million urban vacant housing units of which 10 states and Union Territories (UTs) contribute to 78 per cent (8.64 m...
- Over 11.09 mn vacant houses across India have high potential for rental market: ReportOf the total vacant housing stock, around 78% or 8.64 million units are in 10 states and Union Territories, showed a Knight Frank India and...
- Government to bring new tenancy law to promote rental housingWe are planning a National Urban Rental Housing Policy ... In today's date, the tenants are more in number... This policy will be for peopl...
- Government plans policy to promote rental housing in urban areasHe said that the draft policy has been shared with the states and other stakeholders, and consultations are going on for finalizing the sam...
- Govt to promote rental housing scheme as a viable option: NaiduHe pointed out that while there is a housing shortage of about 190 lakh units in urban areas of the country, about 110 lakh houses are lyin...
- 10.2 million houses in urban India lying vacant: CBREPrimary reason for this supply-demand mismatch is the paucity of formal housing options low-income population with low affordability levels...
- Why not to buy a second houseThe tax on notional rent and wealth tax on vacant property make a second house tax-inefficient. Commercial property is a better way to inve...
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