#RealtyNewsRoundup: Haryana To Build 100,000 Affordable Homes

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

The Haryana government has announced a new housing scheme for the state to provide 100,000 affordable houses in Gurgaon, Panchkula and Faridabad districts. These flats will be constructed by private developers under government supervision. Read more

Leading real estate developer Unimark Group will launch three affordable housing projects in Kolkata. Two of these projects would be developed under the Pradhan Mantri Awas Yojana (PMAY). Read more

Non-banking finance company Fullerton India Credit Company has launched a housing finance subsidiary, Fullerton India Home Finance, under the brand name, Grihashakti. Read more

The promoters of India's largest real estate firm, DLF Ltd, are likely to sign a term sheet for the sale of their 40 per cent stake in the company's rental arm, DLF Cyber City Developers Ltd. The the sale is likely to be completed by July. Read more

Five top real estate developers, along with International Finance Corporation (IFC), have collaborated to form a consortium to promote sustainable housing in the country. The developers include including Godrej Properties, Mahindra Lifespace Developers Limited, Shapoorji Pallonji Real Estate, Tata Housing Development Company and VBHC Value Homes Private Limited. Read more