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


#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

#WeeklyNewsRoundup: Sahara's Aamby Valley Township To Be Auctioned

Here are the top stories of the week from the real estate sector.

April 22 2017

+ Click Here To Read This Article

#WeeklyNewsRoundup: RBI Allows Banks To Invest In REITs [Video]

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

April 08 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Land Acquisition Process Begins For Gurgaon-Jaipur Super Expressway [Video]

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

March 22 2017

+ Click Here To Read This Article

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

7/12 extract is an important piece of paper required when the buyer is investing in plots.

Today, luxury real estate includes smart homes that not only offer high-end amenities but also are...

Most of the hard work while staging your property is done to please the visual senses of the...

New projects, numerous options, and reputed developers, make these five localities ideal for...

If the demands of the Chief Minister Yogi Adityanath-led state government are met, the road for...

Here is a checklist of documents required for buying a property. While some of these documents have...

Though Bahadurgarh real estate market doesn't look bright yet, there are key drivers that can help...

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

PropGuide simplifies complex real estate jargons for you.

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

Prime lending rate is the interest rate at which banks lend to its most credit worthy...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top