India okays 3% interest subsidy on homes loans up to Rs 2 lakh
NEW DELHI (INDIA): In a bid to ease EMI burden by ensuring cheap home loans in rural areas, the government of India approved 3 per cent interest subsidy on loans of… Read more »
Category: Policy
NGT seek reply from government on on plea agnst exemption to realty projects
NEW DELHI (INDIA): An environment activist’s plea seeking quashing of a recent Environment Ministry notification exempting real estate projects from obtaining prior environmental clearance has prompted the National Green Tribunal… Read more »
NCDRC asks Sahara firm to pay Rs 1.11 crore to couple for delay in bungalow delivery
NEW DELHI (INDIA): A Sahara Group company has been directed by the apex consumer body to refund Rs 1.11 crore for its failure to give possession of a bungalow in… Read more »
India to utilise geo-spatial technology to build smart cities
HYDERABAD (INDIA): The government of India would extensively utilise geo-spatial technology in realising its vision to build 100 smart cities across the country, Union Urban Development Minister M Venkaiah Naidu… Read more »
Interest rate needs to be lower, acceptable, stable: President of India
KOLKATA (INDIA): With strong macros and inflation in check, President of India Pranab Mukherjee has pitched for “stable, lower and acceptable” interest rate to attract prospective investors to West Bengal… Read more »
Ministry of HUPA rules out any amendments to RERA; plot size of 500 sq.mt not to be changed
NEW DELHI (INDIA): India’s Housing and Urban Poverty Alleviation Minister M.Venkaiah Naidu today urged the States and Union Territories to rise to the occasion and implement the Real Estate (Regulation… Read more »
NBCC signs Rs. 4,698 crore MoU with AIIMS for redevelopment of residential quarters
NEW DELHI: The NBCC (India) Limited, under the Ministry of Urban Development, signed Memorandum of Understanding (MoU) with the All India Institute of Medical Sciences (AIIMS), for redevelopment of residential… Read more »
Indian States asked to submit proposals early for meeting Housing For All target by 2022
NEW DELHI (INDIA): India’s Ministry of Housing & Urban Poverty Alleviation has asked all the States and Union Territories to submit proposals for construction of affordable houses for urban poor at… Read more »
MoS Rathore and builder Parsvnath Developers in negotiation over flat, Supreme Court of India told
NEW DELHI (INDIA): Negotiations over settlement of disputes with regard to the possession of a flat between Union minister Rajyavardhan Singh Rathore and Parsvnath Developers are underway, the Supreme Court… Read more »
Tata Steel Special Economic Zone seeks more time to set up SEZ
NEW DELHI (INDIA): Tata Steel Special Economic Zone Ltd has sought more time from the government for setting up a multi-product SEZ in Odisha. The company’s proposal will be taken… Read more »