PROPGUIDE − A Complete Property Guide
#happyhome

#RealtyNewsRoundup: Pune To Get An International Airport

Loading video...

Description

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

Maharashtra Chief Minister Devendra Fadnavis has approved land at Purandar for a new greenfield international airport for Pune. Located 15 km from the city outskirts, the proposed airport will be spread over 2,400 hectares of an area. The site has already been approved by the Airports Authority of India.

The Ministry of Urban Development (MoUD) is seeking Rs 6,400-crore funds in the second year of the Smart Cities Mission to push the Prime Minister Narendra Modi-led government's initiative. With 60 cities in different stages of implementing the programme, the ministry is looking to increase its outlay by nearly 80 per cent. The Urban Development Ministry has written to the finance ministry that the outlay of Rs 3,600 crore for the current fiscal is insufficient and needs to be increased to Rs 10,000 crore at the revised estimates stage.

Following the rate cut by the Reserve Bank of India, the Dewan Housing Finance Corporation Ltd (DHFL), has reduced its interest rates by 20 basis points to 9.35 per cent for new customers. The revised rate would be available for loans up to Rs 30 lakh, and be applicable from October 11, 2016, the company said in a statement.

Kerala is the best place for labourers engaged in real estate construction sector. According to a report released by the National Buildings Organisation (NBO), labourers get the highest wage in Kerala in comparison to other major cities of Uttar Pradesh, Madhya Pradesh, Karnataka Punjab, Rajasthan and Odisha. Barring the wage of masons, wages of carpenters, both skilled and unskilled labourers was highest in cities of Kerala between 2011 and 2013, says the report.

Source: Media reports

Tags: Pune, Smart Cities, Reserve Bank Of India, Uttar Pradesh, Video, Punjab, Kerala, propguide, Maharashtra Chief Minister Devendra Fadnavis, Purandar, National Buildings Organisation, the Dewan Housing Finance Corporation Ltd


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

#WeeklyNewsRoundup: Delhi Govt Asked To Submit Fresh Proposal on Circle Rates

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

October 08 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: India Inks Pact With Russia To Build Smart Cities

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

October 17 2016

+ Click Here To Read This Article

#WeeklyNewsRoundup: Haryana Fixes VAT at 1% For Projects Built Till 2013

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

September 17 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Gurgaon Proposes To Slash Circle Rates By 15 Per Cent

Here are today's top news from the realty sector.

May 30 2016

+ Click Here To Read This Article

#RealtyNewsRoundup: Maha Govt To Build Rs 2,000-Cr Complex In Mumbai

Here are today's top news from the realty sector.

May 24 2016

+ Click Here To Read This Article

Is The Time Ripe For NCR Buyers To Book Their Dream Homes?

The Q2'FY16 report by PropTiger Data Labs suggests that now might be the right time to invest in NCR. Here's why.

November 10 2015

+ Click Here To Read This Article

Unsold Inventory: Learnings From PropTiger Q2 Report FY'16

Unsold inventory in major Indian cities have been declining, quarter by quarter.

November 10 2015

+ Click Here To Read This Article

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

High-end societies don't allow bachelor's to rent or buy houses in them. Cities like Pune, Mumbai,...

The first phase of a Metro network is already changing the way people commute in Bengaluru. Upon...

It is a myth that NRI’s are interested only in luxury properties in India. Lifestyle choices may...

Goods And Services Taxes (GST): The Rajya Sabha on Wednesday passed the Constitution Amendment Bill...

 Union Budget 2017-18 is being presented by Finance Minister Arun Jaitley today. This Budget...

If you are looking for properties for investment that will see quick appreciation in prices,...

A positive move, provisions for capital gains tax stands tweaked, much to the benefit of the...

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,...

Sunil Mishra, Chief Business Officer, PropTiger, talks on new online realty platforms for NRIs.

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query here


Top