Category: Current Affairs

Bengal govt. spends Rs 1,372crore for green city projects

July 27, 2018

By Realty Quarter Bureau The West Bengal government has revealed that it has spent Rs 1,372 crores towards the green city project, based on the plans submitted by various municipalities to the Urban Development Department The Urban Development Department of West Bengal government has spent Rs 1,372crores towards the green city project, undertaken by various […]

Bengal govt. spends Rs 1,372crore for green city projectsmore
PMAY-Urban-Yojna

Nearly 2.67lakh more homes to sanctioned for urban poor under PMAY –U

By Realty Quarter Bureau The approval was given in a meeting of the Central Sanctioning and Monitoring Committee of PMAY (U), which was held under the chairmanship of Union Housing and Urban Affairs Secretary Durga Shanker Mishra. The Centre approved construction of nearly 2.67 lakh more affordable houses for the poor in 10 states under […]

Nearly 2.67lakh more homes to sanctioned for urban poor under PMAY –Umore

AAI close deal with Gujarat for Dholera airport project by next month

By Realty Quarter Bureau The Airports Authority of India (AAI) was likely to finalise a deal with the Gujarat government by next month for the proposed Rs 2,000crore Dholera airport, a senior state official said. “We have already sent the proposal to them (AAI) and they have accorded in-principle approval for it. We hope that by mid-August we […]

AAI close deal with Gujarat for Dholera airport project by next monthmore

Increased Property Purchase Costs – Hype Vs. Reality

Anuj Puri, Chairman – ANAROCK Property Consultants Miracles have been known to happen when a chequebook lies on the negotiation table Stamp Duty Shocker On the real estate market, upward revisions of any kind can doubtlessly hurt. Let’s take the Maharashtra Government’s proposal to levy a surcharge of 1% on stamp duty, effectively raising it […]

Increased Property Purchase Costs – Hype Vs. Realitymore

Vacant Affordable Housing – Causes (and Solutions?)

July 16, 2018

By Anuj Puri, Chairman – ANAROCK Property Consultants In any discussion about affordable housing in India today, the fact that a lot of such housing is actually lying vacant is bound to crop up. One may point out that, especially with the Government’s avowed intention of providing Housing for All by 2022, this supply should logically […]

Vacant Affordable Housing – Causes (and Solutions?)more

GVK in final terms of final closure for Navi Mumbai Airport

July 12, 2018

By Realty Quarter Bureau Navi Mumbai International Airport’s executive chairman, GVK Reddy, announced that the GVK Group had achieved financial closure for the construction of the first phase of the airport, on schedule. “This will now enable us to focus on the next steps, which is the construction and completion of the first phase, of […]

GVK in final terms of final closure for Navi Mumbai Airportmore

New municipal council with 27 villages of Kalyan –Dombivali belt to formed soon: CM

By Realty Quarter Bureau The process of carving out a separate municipal council, comprising 27 villages currently under the Kalyan Dombivli Municipal Corporation (KDMC), is in the final stages, Maharashtra chief minister Devendra Fadnavis informed the state legislative assembly, on July 10, 2018. Fadnavis, while replying to a debate on the issue during the Question Hour, also […]

New municipal council with 27 villages of Kalyan –Dombivali belt to formed soon: CMmore

ICICI Bank aims growth of home loan book by 2trillion in FY20

By Realty Quarter Bureau At Rs 1.5 trillion, the mortgage loan-book of ICICI Bank is half of the bank’s overall retail loan portfolio of around Rs three trillion, the bank said. “We are not only the largest private sector bank but also the largest mortgage player among our peers with an Rs 1.5-trillion loan book. […]

ICICI Bank aims growth of home loan book by 2trillion in FY20more

Tamil Nadu will launch land pooling scheme for housing projects

July 11, 2018

By Realty Quarter Bureau With acquisition of private land becoming an expensive affair after implementation of the Land Acquisition, Rehabilitation and Resettlement Act, 2013, the state assembly has passed a bill for launching the Land Pooling Area Development Scheme for housing and infrastructure projects. The new provision in the Tamil Nadu Town and Country Planning Act would […]

Tamil Nadu will launch land pooling scheme for housing projectsmore

Syndicate Bank hikes lending rate by 0.1 %

By Realty Quarter Bureau State-run Syndicate Bank increased its marginal cost of funds based lending rate (MCLR) by 0.1 per cent for various tenors of loans. The bank has revised MCLR and the new rates would be effective July 10, Syndicate Bank said in a filing to stock exchanges. Interest rates for loan tenors of overnight, […]

Syndicate Bank hikes lending rate by 0.1 %more