Tag: #Government

Traffic Police intend to slow down speeding vehicles by painting ‘3D’ zebra crossings.

November 8, 2019

The city traffic police intend to paint zebra crossings on various roads producing a three dimensional (3D) effect and prompt slowing down drivers. The 3D zebra crossing produces a floating effect as an optical illusion. The motorists presume that there are boxes ahead and that speed is decreased as the junctions approach. In many European countries, these […]

Traffic Police intend to slow down speeding vehicles by painting ‘3D’ zebra crossings.more

66% of Real Estate Transactions are still carried-out through cash; post demonetization.

The electronic transactions are on the rise Three years after Narendra Modi in a national address banned Rs 500 and Rs 1000 currency notes but many people still prefer cash transactions than digital transactions, according to a survey. The survey also revealed that following the demonetization of currency notes black money continues to dominate the real estate […]

66% of Real Estate Transactions are still carried-out through cash; post demonetization.more

Mumbai Officials claim to have achieved 70% of potholes complaint under Pothole Challenge 2019.

November 7, 2019

It was an exercise in public relations fraught with potential pitfalls. But the BMC seems to be sitting nicely at the end of the seven-day #PotholeChallenge2019—the corporations claim to have fixed nearly 70% of their complaints about potholes and also decide to call up all of their complainants and confirm that their concerns are dealt with ‘Satisfaction’. The […]

Mumbai Officials claim to have achieved 70% of potholes complaint under Pothole Challenge 2019.more

The cabinet opens Rs 25,000 crore window for projects that are on hold.

In order to reactivate the main industry, also to boost the economy and to provide aid to home buyers, the cabinet approved Rs 25,000-crore special windows to finance housing projects that are stalled. The money will be available for projects that are “net worth positive,” FM Nirmala Sitharaman said. There will be potential distribution to […]

The cabinet opens Rs 25,000 crore window for projects that are on hold.more

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

NCR housing sales declined by 22% – Anarock Consultancy Report.

October 5, 2019

By Abhay Shah According to a statement from the Anarock consultancy, the National Capital Region (NCR) suffered a 22% fall in housing sales quarterly. According to the report, annually sales decreased by 13% and by almost 22% on a quarterly basis with sales of almost 9,830 units in the third quarter of 2019. Out of […]

NCR housing sales declined by 22% – Anarock Consultancy Report.more

BMC will construct 125 shelter homes for the poor people in Mumbai.

By Abhay Shah The Mumbai City Authority has announced that 125 houses for homeless people are being constructed in Mumbai, and 20 of these will be accessible in the next few months. The Brihan Municipal Corporation (BMC) replied to an RTI query submitted by activist Anil Galgali, that it followed an order of the Supreme […]

BMC will construct 125 shelter homes for the poor people in Mumbai.more

Government seeks to build a dedicated unit for monitoring Pradhan Mantri Awas Yojana.

September 26, 2019

By Abhay Shah, Realty Quarter According to the sources, the Ministry for Housing and Urban Affairs plans to set up a specific unit to monitor the execution of the Pradhan Mantri Awas Yojana (Urban) under the Housing for All flagships by 2022. The Program Management Department (PMU) will provide targeted support for PMAY (U), according […]

Government seeks to build a dedicated unit for monitoring Pradhan Mantri Awas Yojana.more

The Government of Maharashtra ends its ownership of ULC surplus lands.

September 18, 2019

By Abhay Shah, Realty Quarter Under the Urban Land Ceiling (ULC) Act, the state government has ended its ownership of land defined as excess. This will be a significant relief for landowners, plots and tenements that have come on these surplus lands. On 16 September the State Department of Urban Development issued a notice to the collectors and […]

The Government of Maharashtra ends its ownership of ULC surplus lands.more

Government is trying to revive the housing sector by providing guarantees on Home Loans.

September 13, 2019

By Abhay Shah, Realty Quarter A senior finance ministry official said the government is proposing a fund that will provide guarantees to those who would otherwise not be entitled to a housing loan, enabling them to borrow funds to purchase a house. As part of a plan being formulated by the government to assist the housing […]

Government is trying to revive the housing sector by providing guarantees on Home Loans.more

Centre accelerates the execution of projects under Smart City Mission.

September 9, 2019

By Abhay Shah, Realty Quarter The Center has entered a mode of mission rethinking to accelerate the execution of Smart City Mission projects. The Center has set a new goal –– Mission Rs 2 lakh crore in the fifth and final year of ‘Smart City Mission’. With the current project tendering and completion trajectory, contracts […]

Centre accelerates the execution of projects under Smart City Mission.more

Tag: #Government

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