By Realty Quarter Bureau The state government will be amending the Maharashtra Slum Act, 1971, to make any slum dweller, irrespective of the date of construction, eligible for a flat under the Prime Minister Awas Yojana (PMAY) Slum residents in the state who have constructed the slum beyond the datum line 2000 will be eligible […]
Illegal slum residents in state can get SRA flats, but will have to paymore
By Realty Quarter Bureau Shri Hardeep Singh Puri, Minister of State (I/C) Ministry of Housing and Urban Affairs has informed that since launch of the Pradhan Mantri Awas Yojana (PMAY) (U) on 25th June 2015, the Government has sanctioned a total of 30.76 lakhs houses across all verticals. Currently, 15.65 lakh houses have been grounded and […]
Centre is accelerating implementation of Urban Housing Mission: Hardeep Singh Purimore
By Ashutosh Limaye, National Director – Research, JLL India More than four decades after completion of the city’s last planned district centre – Bandra-Kurla Complex – comes a new kid on the block in northern Mumbai:Oshiwara District Centre (ODC). Even as the potential of BKC to provide further office space nears exhaustion, ODC has been set up by […]
Mumbai Gets its Latest Well-planned Business Districtmore
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