Global Steering Group for Impact Investment (GSG) plans to launch two outcome funds, each estimated to reach up to $1 billion by October, to provide social enterprise initiatives in India greater access to investment capital.
In line with the government’s aim to provide housing for all by 2022, the Union Budget on Thursday proposed to set up an affordable housing fund under the National Housing Bank (NHB).
Smart entrepreneurs are best placed to solve the affordable housing crisis. But they need the government’s support
The Maharashtra government has decided to allow residential constructions on farm lands in municipal corporations and councils with the conditions that the housing will be only for the economically weaker sections (EWS) of society and have a maximum floor space index (FSI) of 1.
The affordable housing segment is expected to continue to drive the real estate sector in 2018 with several developers and institutional funds eyeing opportunities in this space led by better returns. The end-user demand in this segment along with the government’s thrust through incentives such as granting infrastructure status is ensuring a rising appetite for such projects across the country.