INTERNATIONAL HOUSING & PLANNING SPECIALISTS Levvel International About Us Research Projects Events News & Views Levvel UK CURRENT NEWS V Radical changes needed for UK private rented sector - Sir Adrian Montague's review ... more     V The States of Jersey - Affordable homes 'not a pipedream' ... more     V Stuart Woodward at the Saudi Arabia Social Housing Development Summit ... more     V Tackling urban poverty and providing affordable housing are top priority for Indian government ... more     V Analysing the key role of the government in supplying social housing - Social Housing Development Summit in Saudi Arabia ... more     V Kele Contracting, the joint venture between Dubai's Enshaa and Australia's Kele International signs deal for $1.33bn Saudi housing project ... more     V Levvel launch affordable housing workshop programme for developers and housebuilders in the middle east ... more     V Levvel advise at Saudi Arabia Social Housing Development Summit ... more     V HDFC chairman Deepak Parekh favours fast approval over tax sops for low-cost houses ... more     V Cabinet nod for slum-free scheme ... more     V Middle East countries prioritise affordable housing projects ... more     V Major land allocation to housing in Riyadh ... more     V Levvel and the RICS work with UN FAO on Land Tenure Governance ... more     V Indian Budget Speak - Affordable Housing gets much needed thrust ... more     V Stuart Woodward invited to attended United Nations' workshop on 'Implementing Responsible Governance of Tenure' ... more     V Stuart Woodward gives the international perspective at televised panel discussion at RICS India Affordable Housing Conference ... more     V RICS Report on Affordable Housing ... more     V RICS India Affordable Housing Conference, 'a very interesting and enjoyable day' says Stuart Woodward of Levvel ... more     V Indian Housing Finance Companies - builders distrust level on rise ... more     V RICS India releasing report on Affordable Housing ... more     V Tata Housing in India, targets to sell 13,000 homes this fiscal ... more     V Stuart Woodward of Levvel to speak at RICS India Affordable Housing Conference ... more     V Banks, realty sector help sought to make India slum-free ... more     V Levvel to be International Knowledge Partner at RICS India's Affordable Housing Conference ... more     V Indian State urges private developers to undertake affordable housing ... more     V Abu Dhabi announces new housing policy ... more     V UK Prime Minister David Cameron announces plan to end lifetime council house tenancies ... more     V Cuts threaten UK housing with arrested development ... more V The changing face of India's property market ... more V Mumbai - Bid to raise housing stock by developing in restricted zone ... more V Volcano ash stops Levvel attending Cityscape Abu Dhabi ... more V Levvel International at Cityscape Abu Dhabi ... more V Levvel and Terra develop UAE planning policy framework ... more V Recession 'did not harm the UAE's private sector' ... more V Dubai property market 'remains stable' ... more V Saudi Arabia's first mortgage law could boost housing demand by 50 per cent ... more V Middle East investors urged to tap into Brazilian construction sector's expected 8.87 per cent growth in 2010 ... more V Saudi Arabia's construction projects to introduce 1.5 million homes through 2015 ... more V New property law signed in Abu Dhabi ... more V Bahrain 'trying to solve housing shortage' ... more V Indian real estate developers focusing on affordable projects ... more V Affordable housing in demand in Oman ... more     Indian Budget Speak - Affordable Housing gets much needed thrust Sachin Sandir RICS India Managing Director 2 March 2011 Even though the budget is being regarded as a mixed bag for the realty sector, there is no doubt that low cost and affordable housing have received the much needed boost that it truly deserves, with both consumers and developers are at the receiving end of concessions. Primarily to stimulate growth in the housing sector and counter the impact of rising residential property prices, interest subvention of 1% on housing loans has been extended to housing loans of up to Rs. 15 lakh where the cost of the property does not exceed Rs. 25 lakh in comparison to the present limit of Rs. 10 lakh and Rs. 20 lakh respectively. This will ensure that ownership of housing and home loans become more affordable for larger base of households in the low income segments.   Additionally, allocations under the rural housing fund has been increased to Rs. 3000 crore and a mortgage risk guarantee fund under Rajiv Awas Yojana for urban housing is proposed. These funds will specifically aide in the provision of housing finance at competitive rates to targeted groups such as the LIG/EWS in both rural and urban areas.   From the point of view of the development community, the extension of investment linked deductions to businesses developing affordable housing under a notified scheme is definitely a welcome incentive. While specific details were not mentioned in the budget speech, subsequent announcement and clarity for this scheme is likely to encourage development firms to focus on low cost housing and thereby contribute in bridging the growing housing shortfall in India. For further information on Indian Affording Housing programmes, please contact Stuart Woodward on 44 1202 639444, or email stuart.woodward@levvel-international.com

CONTACT UK HEAD OFFICE Tel:+44 (0)1202 639444 Email: click here NEWS & VIEWS V Radical changes needed for UK private rented sector - Sir Adrian Montague's review ... more >> V The States of Jersey - Affordable homes 'not a pipedream' ... more >> RICS INDIA CONFERENCE Levvel were chosen as International Knowledge Partner by the RICS India. Stuart Woodward, Managing Director of Levvel attended the conference titled 'Practical Solutions for Delivery of Affordable Housing' which took place in New Delhi. view TV coverage >> find out more >> SPEAKING OPPORTUNITIES Stuart Woodward, Managing Director of Levvel International is available for conference speaking. download Stuart's cv as PDF >>

copyright 2013 Levvel International. All rights reserved. Terms and Conditions