Tag: #Ministry of Housing & Urban Affairs

Smart city mission

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
Home buyers finally got the status of Primary secured creditors

Home buyers finally got the status of Primary secured creditors

November 10, 2017

By Realty Quarter Bureau The Union ministry of housing and urban poverty alleviation (MHUPA) has accepted the long-standing demand of consumer organizations that home buyers should be given the status of primary secured creditor (PSC) in case the developer goes bankrupt or financial institutions begin process of liquidating assets. Currently, if a builder becomes bankrupt, […]

Home buyers finally got the status of Primary secured creditorsmore