Category: INDIA / WORLD

India Post Payments Bank and LIC Housing partner to sell home loans

September 7, 2021

According to a statement issued on Tuesday, India Post Payments Bank (IPPB) has partnered with LIC Housing Financing to market the latter’s housing finance products to its 4.5 crore clients. According to the announcement, IPPB would make LIC Housing Finance Ltd’s (LICHFL) home loan products available to its clients across India through its robust and […]

India Post Payments Bank and LIC Housing partner to sell home loansmore

To prevent Mumbai from sinking, the government will form a climate change commission.

September 4, 2021

The state cabinet was presented with the Intergovernmental Panel on Climate Change’s global warming report on September 1st, with an overall focus on Maharashtra and an emphasis on its coastal region, notably Mumbai. While conducting the presentation, the environment department called for mitigating actions, stating that if temperatures rise by 2-2.5 degrees Celsius due to […]

To prevent Mumbai from sinking, the government will form a climate change commission.more

In four years, over 42 lakh poor people in Uttar Pradesh have got houses, according to the state’s chief minister, Yogi Adityanath.

September 2, 2021

In a direct attack on the opposition, Uttar Pradesh chief minister Yogi Adityanath stated on Wednesday that past governments in the state never prioritized the poor, women, farmers, or youngsters and that this is supported by hard facts. Only 53 lakh dwellings could be supplied to the poor in the previous 30 years, Yogi remarked […]

In four years, over 42 lakh poor people in Uttar Pradesh have got houses, according to the state’s chief minister, Yogi Adityanath.more

Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

Pending home sales in the United States fell for the second month in a row in July.

September 1, 2021

Contracts to acquire previously owned houses in the United States fell for the second month in a row in July, reflecting limited availability that has been unable to keep up with demand from potential purchasers. The National Association of Realtors (NAR) said on Monday that its Pending Home Sales Index, which is based on contracts […]

Pending home sales in the United States fell for the second month in a row in July.more

The Royal Twinkle, Citrus Check Inns properties will be auctioned off by the SEBI on September 25.

August 31, 2021

Sebi, the capital markets regulator, has scheduled 97 Royal Twinkle Star Club and Citrus Check Inns properties for auction on September 25 at a reserve price of more than Rs 350 crore. The move is part of the Sebi’s endeavour to recover cash worth thousands of crores of rupees obtained by firms under the guise […]

The Royal Twinkle, Citrus Check Inns properties will be auctioned off by the SEBI on September 25.more

MahaRERA asks Ekta Housing to repay the buyer after the project is completed

August 30, 2021

The Maharashtra Real Estate Regulatory Authority (MahaRERA) may enable you to withdraw from a project if the developer has already delayed possession and you wish to leave. In a dispute between a flat buyer, Surajkumar Rajendra Rai, and Ekta Housing over the delayed Virar project Brooklyn Park Phase IV, MahaRERA chairperson Ajoy Mehta has ordered […]

MahaRERA asks Ekta Housing to repay the buyer after the project is completedmore

According to the court, even though CHS has a panel, the builder is responsible for shoddy construction.

August 27, 2021

A session’s court decided in favour of a Bhandup CHS and affirmed a lower court judgment on a complaint against the builder for inadequate building, observing that simply because a society’s operations are handled by committee members, a builder cannot exonerate himself in case of bad construction. The magistrate had properly noted, according to the […]

According to the court, even though CHS has a panel, the builder is responsible for shoddy construction.more

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.

August 25, 2021

On Monday, India and the Asian Development Bank (ADB) signed a $500 million loan agreement to extend Bengaluru’s metro rail network with the construction of two new metro lines totalling 56 kilometres in length. The agreement was signed by India’s Additional Secretary, Economic Affairs, Rajat Kumar Mishra, and the lender’s Country Director of ADB’s India […]

India and the Asian Development Bank have agreed to a $500 million loan to develop the Bengaluru metro rail network.more

MGF lodges an FIR against Emaar officials for ‘fraudulent land transfer.’

August 21, 2021

MGF Developments Ltd has filed an FIR against former joint venture partner Emaar India officials, including Emaar Properties Group CEO Amit Jain. The FIR charges the appellant with fraud, cheating, criminal breach of trust, and criminal conspiracy in violation of IPC Sections 406, 409, 420, 467, 468, 471, and 120 B. MGF Developments Ltd and […]

MGF lodges an FIR against Emaar officials for ‘fraudulent land transfer.’more

The Government has approved the construction of 16,488 new homes under PMAY-Urban.

August 19, 2021

According to a statement, the government approved the building of 16,488 homes in urban areas under the Pradhan Mantri Awas Yojana on Monday, bringing the total number of units sanctioned to more than 1.13 crore. According to the Union Housing and Urban Affairs (HUA) Ministry, the decision was made at a meeting of the Central […]

The Government has approved the construction of 16,488 new homes under PMAY-Urban.more

Category: INDIA / WORLD

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