#RealtyNewsRoundUp: Govt To Build 29.5 Mn Houses For Rural Poor

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

The government plans to build 29.5 million houses by 2022. This was stated by Prime Minister Narendra Modi at a Cabinet meet recently. Under the scheme, financial assistance of up to Rs 1.30 lakh will be provided to each homeless family. Read more

The Goa Housing Board plans to construct 2,000 low-budget flats at Colvale in Bardez. North Goa Planning and Development Authority chairperson Michael Lobo said the area had been converted to a C1 zone which would give a higher floor area ratio for the project. Read more

The Delhi International Airport Limited plans to expand the Indira Gandhi International Airport by constructing a fourth runway and creating additional infrastructure by 2020. Read more

The Bombay High Court recently ruled that holding parties or weddings at buildings' terrace was illegal. Passing the order, the high court said that it could pose security and fire threats. Read more