AHMEDABAD: An Ahmedabad Municipal Corporation (AMC) plan to build upto 20,000 houses for urban poor in the city is turning out to be a pilot project which will be replicated in other parts of the country as well.

Raghavendra Kamath / Mumbai June 10, 2009, 0:02 IST

Tata Housing, a unit of Tata Sons, is advancing its plans to build 15,000 low-cost dwelling units by two years. Besides, it should add 300 more houses in its Mumbai project to take the advantage of demand for such homes, a top company official said.

Lankan government is to take a 500 million dollar 20-year loan from China to build 100,000 low cost houses for state sector employees, shanty dwellers and people affected by disasters, the Cabinet office said.

June 3: The allotments of low-cost flats to the poor in the capital is likely to begin in a couple of months. Delhi government is building low-cost houses for the poor under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM).

KOLKATA, 27 May: The Kolkata Municipal Corporation (KMC) has decided to construct dwelling units for slum dwellers who have been rendered homeless in the aftermath of cyclone Aila that hit the city on Monday.

MUMBAI: Tata Capital Housing Finance, which started its operations on Tuesday, said it aimed to disburse loans worth Rs. 400-crore this financial year.

Mumbai The extension of the Nano car concept to residential project seems to have clicked for the Tata group. Within five days, the company has sold an overwhelming 6,000 forms for the 1,000 flats at its recently announced budget homes project at Boisar.

13 May 2009, 0655 hrs IST, Sanjeev Choudhary, ET Bureau

NEW DELHI: Tata Group has sold around 3,500 application forms for its low-cost housing project, Shubh Griha near Mumbai, in the first two days of booking, three-and-a-half times the number of apartments the company is planning to build under the project, a company executive said.

Housing finance options for low-salary earners and the self-employed poor in India are severely limited and have significantly affected their housing conditions. A recent session of the governing council of UN-HABITAT focussed on this theme and emphasised the need to expand financing options.

The country, at present, is facing a shortfall of 6 million housing units and in order to bridge this gap the government needs to provide adequate funding for House Building Finance Corporation (HBFC), Vice chairman, standing committee on housing and construction industry of FPCCI, Saleem Kassim Patel said.

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