Category: Humane Cities

Builders make a rush for affordable housing in the city

At least 100 realtors have taken up affordable housing projects because of surging demand in this segment in the city. Among them is a realtor, who till now had been developing only luxurious residential apartments in the city. His project has 3,000 flats, each having a carpet area of 60 sq. m. They had switched […]

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GST rates cut, affordable housing redefined

The slash in GST rates to 5% without ITC from the previous 12% with ITC for premium homes, and to 1% minus ITC for affordable homes from the earlier 8%, gives the beleaguered realty sector much-needed breathing room and will certainly help it maintain some forward momentum in 2019. Another booster shot given by the […]

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Over ₹12,000 crore subsidy disbursed to home-buyers: Housing Ministry

Subsidy of over ₹12,000 crore has been disbursed to home buyers till March under the government’s Credit Linked Subsidy Scheme, the Union Housing and Urban Affairs Ministry has said in reply to an RTI query. The Pradhan Mantri Awas Yojana (Urban), launched by Prime Minister Narendra Modi in June 2015, aims to ensure “housing for […]

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PMRDA sets itself to Revamp Pune

Pune Metropolitan Region Development Authority (PMRDA) is working towards channelizing Pune’s growth in a strategic and organized manner. On the occasion of the third anniversary of its establishment, the authority has published a report to reiterate its objectives and vision for the people. The report mentions their vision, mission and goals in an attempt to […]

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UP tops the PMAY-G scheme with more 7 lakhs units constructed

Uttar Pradesh topped the list of all states in the country under Centres flagship scheme Pradhan Mantri Awas Yojana-Gramin (PMAY-G). More than seven lakh dwelling units were constructed in UP last year. Addressing a press conference at media centre in Lucknow, Mahendra Singh, Minister of State (I/C) Rural Development, said, UP achieved 85% of its […]

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HSVP confirms transfer of 29 mandi townships to ULBD

A major relief to thousands of residents of Mandi township which were established before the formation of Haryana. Haryana Shahri Vikas Pradhikaran (HSVP) has transferred 29 Mandi townships of the state to Urban Local Bodies Department (ULBD). A committee has also been formed to prepare a draft for the better development of the Mandi townships. […]

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Delhi govt proposed INR 3,106 cr for housing, urban development

TheA?Delhi governmentA?recently proposed INR 3,106 crore for housing and urban development in its 2018-19 Budget. The Budget was presented by Manish Sisodia, Deputy CM, Delhi. According to the budget, the allocation for both housing and urban development is 6A?% of the total budget of INR 53,000 crore, which theA?AAP governmentA?projected as “green budget”. For the […]

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Mumbai gets new urban development policies

  Mumbai is all set to get new urban development makeover as Devendra Fadnavis, Chief Minister, Maharashtra recently unveiled a series of policies related to affordable housing, redevelopment of slums, transit camps, and property tax waiver while underlining a strong message that open spaces in the island city and suburbs will not be compromised in […]

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Widest flyover to be constructed in NW Delhi to combat traffic

In order to curb the problem of the never-ending traffic problem in North-West Delhi, a flyover-cum-railway overbridge will come up in Narela by April 2019. This will be the widest flyover in the national Capital having a six-lane carriageway, two-lane for Bus Rapid Transit (BRT) system, footpath track, and cycle track, etc. The Housing and […]

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GRIHA launches rating system for affordable homes

Green Rating for Integrated Habitat Assessment (GRIHA) Council, recently launched ratings for houses constructed under the government’s affordable housing scheme, indicating their level of sustainability. Sanjay Seth, CEO, GRIHA Council, said, There would be ratings between one and five stars. This would help consumers know about the sustainability of the houses. On theIn this occasion, […]

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