While micro and small enterprises are fairly well targeted in this budget, there is no coverage or mention of the housing finance needs of these categories.

The incentives and reforms announced in  sectors that majorly include taxation and urban-rural development will impact the home loan businesses.

The government must consider setting up a separate regulatory and development body whose sole objective is to promote financial inclusion in the country.

The DDA had recently issued allotment-cum-demand letters to nearly 11,000 applicants following directives of the Supreme Court.

The decision comes in the wake of technical problem encountered by the housing body while holding the mock trial for the scheme at its headquarters and no new date has been announced.

Top DDA officials said all the online services have been restored and the server was being upgraded to handle the \"exponentially increased\" user traffic.

The Delhi Development Authority on Monday launched its much-awaited 'Housing Scheme 2014' at the Vikas Sadan, its headquarters in the national capital.

The forms for the scheme were put on sale from 9:30 am at DDA office (Vikas Sadan) and also at 13 empanelled banks and will close on October 9.  The draw of the lot is expected to be taken  within 20 days of its closure.

Real estate sector is a major job creator avenue but certain drawbacks are creating hurdle in its full-fledged development.

The new scheme offers flats ranging from Rs 7 lakh to Rs 1.2 crore across categories, viz - EWS, LIG, MIG, HIG, Janta flats and one-room apartments and would be rolled out from September 1.

M.K.S. Sundaram, Commissioner, Uttar Pradesh Housing & Development Board lays down the plans for creating affordable housing options in the state, while keeping in mind the economically weaker sections of society.

To give boost to the affordable housing, the Union Ministry of Housing has decided to ask the Finance Ministry to give infrastructure status to the segment in the upcoming Budget.

The draft legislation, pending since 2009, aims to establish a regulatory authority for the realty sector, ensure sale of immovable properties in an efficient and transparent manner and protect consumer interest.

National Housing Bank (NHB) says it expects to provide Rs 9,000 crore refinance assistance to institutions providing home loan in the next six months to meet its annual target of Rs 17,000 crore by June next year.