PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Govt To Construct 12 Lakh New Houses Under PMAY-Urban

Loading video...

Description

The Central government will construct 12 lakh houses under the Pradhan Mantri Awas Yojana (Urban) in 2017-18, although only 1.49 lakh houses were built under the scheme in 2016-17. Under the PMAY (Urban), the Centre targets construction of 26 lakh houses in 2018-19, 26 lakh in 2019-20, 30 lakh in 2020-21 and 29.80 lakh in 2021-22.

Within six months of the Benami Property Act coming into force, the Income Tax Department of the Kolkata circle has made a list of 300 such properties belonging to several politicians. The department has formed a special unit called the Benami Properties Unit (BPU) to identify and probe such assets. Apart from politicians, there are hundreds of such properties belonging to some top businessmen in the city.

The Affordable Housing and Slum Rehabilitation and Redevelopment Policy-2017 has been approved by the Bihar Cabinet. The policy will help the poor to own a house. According to the new policy, 15 per cent of the flats in a building spread over 4000 sqm or above of private developers will be reserved for economically weaker sections (EWS) and low-income groups (LIG).

Master architect of Amaravati, Foster+ Partners, will be submitting the final draft designs of the capital to the Andhra government. Andhra Pradesh Chief Minister Chandrababu Naidu has directed the officials to gear up for the execution of the capital project, especially the establishment of nine themed cities, at the earliest so that IT and other companies can begin operations.

Source: Media reports

Tags: Amravati, Video, affordable housing, propguide, Bihar


#RealtyNewsRoundup: SC Boost For Home Buyers; Govt Mulls Capital Gains Tax Rollback

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

February 22 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: PMC Receives 1.5 L PMAY Applications

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

August 14 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Gurgaon Civic Body To Auction Properties Of Tax Defaulter

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

July 21 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Haryana & Himachal Pradesh To Soon Notify RERA Rules

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

June 30 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: Extra FAR For Developers Building Housing For Poor

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

June 29 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: DDA To Launch New Housing Scheme On June 30; Over 12,000 Flats Up For Grabs

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

June 28 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: UP Gets Cracking To Become RERA Compliant

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

June 14 2017

+ Click Here To Read This Article

#RealtyNewsRoundup: YEIDA Brings Relief To 21,000 Allottees, Waves Off Penal Interest

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

June 13 2017

+ Click Here To Read This Article

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

The National Highways Authority of India will begin work on the remaining eight-km long stretch of...

The Pradhan Mantri Awas Yojana (Urban) is useful for you even if you or your parents already own a...

Not only does Tollygunge offer affordable housing options to homebuyers but also supplies them with...

The Goods And Services Taxes has clearned a proposal to charge a cess of 15 per cent on luxury cars...

The state Legislative Assembly has amended the Maharashtra Stamp Duty Act to increase the charges...

Expecting the arrival of an airport, real estate developers have invested heavily around Jewar....

As the completion date of the Southern Peripheral Road nears, PropGuide on how the new corridor...

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

PropGuide simplifies complex real estate jargons for you.

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

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

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here


Top