#RealtyNewsRoundup: Maha Govt Plans To Set Up 50 Industrial Parks For Rs 300 Cr

The Maharashtra government plans to set up 50 industrial parks across the state for an investment of Rs 300 crore to promote job creation among micro, small and medium enterprises. While presenting the Budget for the financial year 2019-20 on June 18, the state government also allocated Rs 100 crore for the construction of houses for differently-abled.

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The housing ministry on June 18 said that it has not received any proposal from the Delhi government to construct homes under the Pradhan Mantri Awas Yojana-Urban (PMAY-U). The Central ministry is mandated to implement and provide financial assistance to those constructing houses under the scheme.

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The Noida Authority is working on a mobile application that would allow users pre-book parking services at its upcoming multi-level parking facilities. The users will be able to see slots available for booking on a real-time basis and make payment through various gateways on this app.

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Embassy Office Park, India’s first real estate investment trust, has outperformed its peers in Singapore and Japan, rising 21 per cent since its debut in late March. The growth is driven by a low interest rate regime, say experts.

Source: Media reports