Mumbai being India’s most expensive real estate market, has long encountered a dearth of affordable homes. Market trends including population growth, urbanization and the reluctance of real estate developers to cater to this target sector have been the long-term drivers of this trend. Now, with incentives from both the public and private sector increasing the… Read More
Pradhan Mantri Awas Yojana creates unusual demand in the affordable housing segment The subsidy of INR 2.20 lacs for a house costing 7 lacs is equivalent to 25% discount . Home loans have seen a sharp surge, as benchmark lending rates have come down significantly. Xrbia’s innovative” No-income-document-financing-scheme” has received an overwhelming response. If there… Read More
“You can have any colour you want, so long as it’s black”. Henry Ford’s playful remark regarding the single colour offered to customers of the T Ford in 1909 was not a question of personal taste, but necessity. The T Ford was the world’s first car to be manufactured on a moving assembly line, leading… Read More