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The Central government on Wednesday gave approval to 708 proposals for construction of 3.61 lakh houses under Pradhan Mantri Awas Yojana-Urban (PMAY-U)– another move with the objective of providing pucca houses to all eligible beneficiaries of Urban India by 2022…
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To streamline the allotment of flats under the affordable housing scheme of Haryana and eliminate the chances of any manipulation, the department of town and country planning (DTCP) has introduced a digital draw system. Now, forms for an affordable housing…
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The repo rate has been kept unchanged at 4 percent by the RBI. In its bi-monthly review meeting, the Monetary Policy Committee of the RBI has maintained accommodative stance amidst uncertainty regarding the economic impact of the second corona wave…
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Hailing the RBI’s decision to keep policy rates unchanged, the real estate industry on Friday said the low-interest regime on home loans will continue, aiding revival in housing demand that has been hit badly during the last two months due…
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Developers believe by keeping the repo rate unchanged, the central bank has taken the step towards the right direction in the current circumstances. Real estate developers hailed the RBI move to maintain status quo on key policy interest rates in…
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Durga Shanker Mishra, the Housing and Urban Affairs Secretary on Friday stated that the government will think over the various demand of the real estate industry including the increase in deadline for completion of the projects by 6-9 months. He elaborated about…
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Housing and Urban Affairs secretary has recently confirmed that government will consider the demands coming from the real estate industry like an extension of timeline for project completion by 6 to 9 months. He also talked about various initiatives taken…
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After a significant correction last year, housing prices are likely to remain stable, or even witness a moderate hike in the coming months, despite a dip in demand due to the second Covid-19 wave. “The sale of housing units rose…
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Creating affordability in the residential segment has been a well-intentioned conundrum that Indian developers have been unravelling over the past decade. With tenets of real estate development challenged, hard-earned perspectives have been displaced, and precious learnings from failures have galvanized…
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Five years after the enactment of the Real Estate Regulation Act (RERA), the law much-needed has not only transformed the real estate sector but is also becoming the force it was meant to be. The law, which became a reality…
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