With the growing population in India, the demand for housing has increased as well; something that was not addressable earlier and has led to unauthorised and unorganised constructions or setting up of slums in urban India. Hence, responding to this issue has come out the term 'affordable housing'. Basically, what does it means and is it being accomplished in urban India? Primarily affordable housing should address the housing needs of the lower or middle-income households. In India, in parti...

The year 2017 became the year of consolidation for the real estate market. The sector witnessed some major new trends which would shape or re-shape the entire market. New legislation and schemes such as RERA (Real Estate Regulation and Development Act), REIT (Real Estate Investment Trust), Demonetisation, GST (Goods and Services Tax), The Benami Transaction Act and granting affordable housing, the status of infrastructure has brought transactions in real estate to a somewhat standstill. Yet the ...