PROPGUIDE − A Complete Property Guide
#happyhome

#WeeklyNewsRoundup: Centre Approves Subsidy Of 3% On Home Loans In Rural Areas [Video]

Loading video...

Description

In a bid to ease EMI burden by ensuring cheap home loans in rural areas, the Centre has approved three per cent interest subsidy on loans of up to Rs 2 lakh for all households not covered under Pradhan Mantri Aawas Yojana (Gramin). Stating this rural development minister Narendra Singh Tomar said: “The scheme would also enable people in rural areas to construct new houses or add to their existing pucca houses to improve their dwelling units.”

Redevelopment of dilapidated colonies of the Maharashtra Housing and Area Development Authority (MHADA) is expected to get a boost. The state government has proposed to allow developers pay either a premium or offer housing stock to the authority for projects spread over less than 2,000 sq m. Mumbai has 104 MHADA layouts, of which buildings in 56 colonies are dilapidated. Most of these are spread over less than 2,000 sq m.

Owing to limited scope to expand in the City Beautiful due to non-availability of land, the Chandigarh Housing Board (CHB) for the first time is moving outside the city and will construct flats in Punjab’s Mullanpur and Kandaghat, near Solan in Himachal Pradesh.

While the construction of a few projects is under way in Mullanpur, 60 acres will be developed in Kandaghat. The scheme would be open for all and not restricted to Chandigarh residents.

With less than a month to go for its maiden global investment summit in Ranchi, the Jharkhand government plans to allot non-cultivable land to prospective investors willing to set up their units in the state. The state government official said the government had identified approximately one lakh hectares of non-cultivable land in possession of various state government departments. The state currently has a land bank of 1,500 acres.

Tags: Video, affordable housing, propguide, Mhada, Housing for All 2022, MNREGA, Maharashtra Housing


#Budget2017: Must Address Persistent Ambiguities Related To GST & Applicable Tax Rates For The Sector, Says Supertech's R K Arora

The real estate sector is currently in a recovery phase after a prolonged slowdown and the recovery has not been quite satisfactory, this makes the Union budget 2017 critical to the successful recovery of the sector.

January 18 2017

+ Click Here To Read This Article

#Budget2017: Top 5 Wishes On A Real Estate Developer's Mind

One of the country’s largest contributors towards Gross Domestic Product (GDP) and employment generation, real estate sector, is extremely hopeful for a positive Budget 2017-18.

January 17 2017

+ Click Here To Read This Article

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

5 Creative Eco Resorts Around The World

If luxury housing are eco-friendly then what else could you want? It's like having your cake and eating it too!

May 04 2015

+ Click Here To Read This Article

#RealtyNewsRoundup: Affordable Homes To Get Stamp Duty Exemption

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

March 07 2017

+ Click Here To Read This Article

#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

Melbourne’s Co-Housing Units Offer No ACs Or Parking Space. Could It Work For India?

Co-housing is increasingly finding favour among those looking at affordable homes. Reduced prices and effective structural designs are giving way to increased demand. Can such a model survive in India?

February 10 2017

+ Click Here To Read This Article

#WeeklyRoundup: Union Budget 2017 Aims To Boost Affordable Housing [Video]

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

February 04 2017

+ Click Here To Read This Article

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

If RERA were to start its surveillance in cities, under-construction homes would be able to draw a...

If you are planning to buy a property in Hyderabad, make sure you know about water supply pattern...

You may have implemented all the “21 ways to battle space crunch in your kitchen” but even then,...

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

The Centre recently gave its go-ahead to the construction of the national capital region’s second...

PropGuide tells you how a better metro connectivity will raise real estate prices in Noida.

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

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