By Realty Quarter Bureau Mumbai City is likely to get its first 5,000 new affordable homes coming up in Goregaon built by Maharashtra Housing & Development Authority (MHADA) by 2020. MHADA will soon invite tenders to build these affordable homes on an 18- acre plot in Goregaon (West). The housing authority had won the rights to […]
MHADA to build 5,000 affordable homes in Goregaon by 2020more
By Realty Quarter Bureau Pradhan Mantri Awas Yojana (PMAY) completes exactly one year yesterday and a target of completing completing one crore new houses after beneficiary registration, geo-tagging and account verification by 31st March, 2019 was set. Of these, 51 lakh houses had to be completed by 31st March, 2018. After the launch, it took […]
Govt. set to achieve Rural Housing Targets, 51lkah more houses to be constructedmore
By Realty Quarter Bureau Property owners can now get an extended warranty for buildings in the form of an insurance policy against structural defects. Private insurer HDFC Ergo has launched a policy that compensates for the cost of repairing, restoring or strengthening of a building due to structural defect. HDFC Ergo General Insurance executive director Mukesh Kumar said that […]
Insurance cover for structural defects in buildings: HDFC Ergomore
By Realty Quarter Bureau Brihanmumbai Municipal Corporation (BMC) Commissioner Ajoy Mehta on Monday gave his nod to the Development Plan (DP) department’s proposal for the construction of elevators up to the terrace. Allowing elevators up to the building terrace will pave the way for more open spaces for citizens, especially senior citizens and disabled people […]
Happy judgment for elderly & disabled, BMC gives nod for elevator till terracemore
By Realty Quarter Bureau The government has granted infrastructure status to the logistics sector, making it easier for companies operating cold chains, industrial parks and warehousing facilities to raise long-term credit from banks and other financial institutions at low rates, and attract foreign investment. The department of economic affairs through a notification has expanded the […]
Logistics Sector to get Infrastructure Status, says dept. of economic affairsmore
By Realty Quarter Bureau City-based affordable housing firm VBHC Value Homes is planning an initial public offering (IPO) by 2019. The company, which plans to raise upward of 1,000 crore, intends to use the proceeds to expand operations across the country. It may also offer exits to some of its investors. The company, co-founded by Jaithirth Rao […]
Housing firm VHBC Value Homes plans an IPO in year 2019more
By Realty Quarter Bureau The programme will help cities assemble suite of finance instruments to fund and deploy innovative technology with minimal initial investment. To help city planners adopt technologies that will transform their communities globally, Cisco has announced a $1 billion programme. Under the “City Infrastructure Financing Acceleration Programme”, the funding will be provided through Cisco […]
CISCO funds $1 billion for Smart City initiativemore
By Realty Quarter Bureau It has been over a year since proposed, but the state government is yet to give its nod to amend Registration Rules, 1961, for enabling individuals to go for Aadhaar-linked e-registration of properties. Last year, the state Inspector General of Registration and Controller of Stamps (IGR) had proposed for the amendments […]
Aadhar –linked e-registration of properties still to wait in Maharashtramore
By Realty Quarter Bureau The ‘Dena Retail Loan Carnival’ will offer loans in the range of 8.25 per cent – 9 per cent from November 16, 2017 to December 31, 2017 State-owned lender Dena Bank today announced to offer home loan at 8.25 per cent, leaving behind industry leader SBI in terms of the cheapest loan rate offered by any player. […]
Dena Bank to offer cheapest home loan at 8.25%more
By Realty Quarter Bureau The government wants to map your address — residential or professional — digitally, something done by Aadhaar for an individual’s identification. The department of posts – which is under the ministry of communications — has ordered a pilot project that will accord a six-character alphanumeric digital address for every property for three postal pin code […]
Government now to start mapping address digitallymore