Category: Housing Socieites

construction

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.

August 18, 2020

Union Minister Hardeep Singh Puri said on Tuesday that approximately 3.65 crore jobs would be created in the development of apartments and houses approved by the country’s Pradhan Mantri Awas Yojana (Urban). Puri further said 1.65 crore jobs have already been generated under the PMAY (U), during a webinar, arranged by the Confederation of Indian […]

Housing Minister notifies about 3.65 crore jobs creation through the PMAY-Urban.more
Hardeep Singh Puri

Housing minister says government will soon issue a special advisory to save homebuyers interest.

April 30, 2020

Housing and Urban Affairs Minister Hardeep Singh Puri said the government will soon issue an advisory to all real estate regulatory bodies and state about the special measures that must be taken to protect the interests of homebuyers and all other stakeholders in the real estate industry. In an urgent meeting of the Central Advisory […]

Housing minister says government will soon issue a special advisory to save homebuyers interest.more
Home Loan

Homebuyers demand an additional discount along with ease payment schedules.

April 28, 2020

Though the lockdown hasn’t prevented queries regarding new houses, developers at Hyderabad say most prospective customers are now calling with additional requests — from a higher discount rate of somewhere between 15% and 20% to compensation schemes, if they want to withdraw the deal later on. Another common request: relaxation in payment schedules. “We get […]

Homebuyers demand an additional discount along with ease payment schedules.more
construction workers

Construction sites with up to 10 workers do not need permission to operate.

April 27, 2020

On April 26, the Haryana government said small residential industrial construction sites employing up to 10 workers, within the Municipal Corporation, municipalities, and rural areas, do not need permission to operate during the lockdown. A letter was issued by the Haryana Labour Department to the administrative secretaries, to the division commissioner and to the deputy […]

Construction sites with up to 10 workers do not need permission to operate.more
Real estate

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.

April 25, 2020

A representative of homebuyers in Greater Noida, the Noida Extension Flat Owners Welfare Association (NEFOWA) urged builders not to increase maintenance charges in the housing society during the lockdown. When a few developers in the area increased maintenance prices, the Association wrote to the Confederation of Real Estate Developers Association of India. Eros Group, which […]

NEFOWA requested builders not to raise maintenance charges in the housing society during the lock-down.more
Drone Survey

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.

April 24, 2020

The central government is seeking to take a leaf out of the drone survey carried out by the state government to map housing in rural areas and replicate it across the country. Last year, the first survey of state property using Unmanned Aerial Vehicles (UAVs) was conducted at Sonori village in Pune District to map […]

The central government is going to replicate Maharashtra’s drone survey across the country for property validation.more
Home loan approved

LIC Housing Finance cuts its housing loan rates to 7.4%.

April 23, 2020

LIC Housing Finance (LIC HFL) has reduced its interest rates with immediate impact for individual home loan borrowers, the firm said in a media release. For any amount of loan, the interest rate for new customers with CIBIL score of 800 or more is 7.5%. If the customer assigns new/existing single premium term insurance policy […]

LIC Housing Finance cuts its housing loan rates to 7.4%.more
Real estate

The emergence of sustainability in the ambit of Real Estate

April 22, 2020

Written by Mr Apurva Gupta, Chief Marketing Officer, Rivali Park CCI Projects India’s escalating residential sector is one of the highest suppliers to the country’s total carbon releases that is to account for 22% of India’s over-all annual carbon releases. Buildings account for up to forty percent of the whole energy consumption in India, of which […]

The emergence of sustainability in the ambit of Real Estatemore
Raising Funds

Motilal Oswal Real Estate allocates Rs 1,150 crore to invest in housing and commercial project.

April 20, 2020

Motilal Oswal Real Estate (MORE) raised Rs 1,150 crore from high net worth individuals for its fourth realty fund to invest in housing and commercial ventures around six major cities, a senior company official stated. The fundraising exercise for the India Realty Excellence Fund IV (IREF IV) started in September 2018, and a pledge of […]

Motilal Oswal Real Estate allocates Rs 1,150 crore to invest in housing and commercial project.more

India’s Biggest Online Indian Property Expo 2020

April 17, 2020

WHY ONLINE INDIAN PROPERTY EXPO? Online Indian Property Expo is a great way to engage with participants and reach a larger market segment. Online Indian Property Expo save your expenses of a traditional trade show like participation, travelling, visa, have a designer stall, staffing, printing and give a ways, while still putting your business in […]

India’s Biggest Online Indian Property Expo 2020more