PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: DDA To Build 1,550 Studio Apartments For Retired Govt Employees In Dwarka

Loading video...

Description

Realty News Roundup is PropGuide’s selection of the day’s top stories from the real estate sector.

The Delhi Development Authority (DDA) will join hands with the Indian Navy to develop an old-age home where retired government employees will be offered studio apartments on rent for a lifetime after paying Rs 10 lakh and a monthly maintenance. The Rs 462-crore project, which will have 1,550 studio apartments, will come up in Dwarka’s Sector 16.

With the NITI Aayog pushing central public sector units to release 75 per cent of the due amount to construction contractors and concessionaires of government projects, the sector will get a Rs 40,000-crore boost. A part of the money will be used to clear bank debt, which will also help reduce the stress on lenders struggling with bad loans.

State Bank of India and Tata Housing have entered into a partnership that would enable easier financing and purchase of homes. Through this partnership, government employees and defence personnel having SBI salary account will get an offer on Tata Housing Homes if they avail of an SBI home loan.

In a step towards Digital India, the Centre has plans to nearly double the budget and extend the 2016 deadline of the National Land Record Modernisation Programme to digitise land records as many states are struggling to survey land and property, large chunks of which have not been mapped in a century. The project will now conclude in 2021 at a projected cost of Rs 110 billion.

Source: Media reports

Tags: Delhi Development Authority, Video, Dwarka, NITI Aayog, propguide, National Land Record Modernisation Programme, Tata Housing Homes


#WeeklyNewsRoundup: SC Terms Singur Land Acquisition Illegal

Here are the week's top news stories from the real estate sector.

September 03 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: DDA To Come Up With Integrated Townships At Dwarka, Rohini and Narela

Here are today's top news stories from the real estate sector.

August 11 2016

+ Click Here To Read This Article

Is NCR Losing Out To Mumbai, Bengaluru, Pune?

The National Capital Region, for very long, has been the largest residential real estate market in India. But, is NCR losing out to Mumbai, Bengaluru and Pune?

November 10 2015

+ Click Here To Read This Article

DDA To Auction Vacant Land Parcels. Why This Matters

The Delhi Development Authority has decided to auction land parcels in densely populated areas of the city to protect its vacant land parcels from encroachment. PropGuide on why is this important.

October 12 2015

+ Click Here To Read This Article

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: New FSI Plan To Redevelop Old Buildings In Mumbai Suburbs [Video]

Here are today's top news stories from the real estate sector.

January 05 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: DDA Admits To Have Lost Over 1,600 Acres [Video]

Here are today's top news stories from the real estate sector.

December 19 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Jail For Bank Account Violations, Warns Taxman

Here are today's top news stories from the real estate sector.

November 21 2016

+ Click Here To Read This Article

According to a report by Oxford Economics research, significant changes are expected in the world...

Real Estate Investment Trusts are most anticipated subjects for the realty sector. It is the...

As per a report by one of the leading real estate consultancies, Bengaluru is ranked number one in...

The Akrama-Sakrama Scheme came into force in March 23, 2015. The owners now have an extended...

Union Urban Development Minister Venkaiah Naidu says India will soon have a more efficient parking...

Reports show authorities in Noida are mulling an exit policy for developers to surrender vacant...

Here is all you need to know about 'betterment fees'.

A building code is a set of norms that govern construction of buildings by stipulating minimum...

Proptiger has released it's quarterly review report on India's real estate sector. Ankur Dhawan,...

PropGuide simplifies complex real estate jargons for you.

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top