Ansal Housing raises Rs 100 crore from SWAMIH for its project in Gurugram – ET RealEstate

Ansal Housing has raised around Rs 100 crore for its Ansal Highland Park project in Sector 104, Gurgaon, from the government-backed Special Window for Affordable and Mid Income Housing (SWAMIH) Investment Fund. The project, which had been in limbo since 2012 due to a liquidity crunch, has reached financial closure with the new fundraising. “The […]

Ensure nobody becomes homeless while redeveloping BDD chawls: Maharashtra CM – ET RealEstate

MUMBAI: Maharashtra Chief Minister Uddhav Thackeray on Tuesday directed officials to ensure that nobody becomes homeless while redeveloping BDD (Bombay Development Directorate) chawls. At a meeting of officials held at his official residence here, the chief minister said care should be taken for rehabilitating each family from these chawls. He also issued directions to set […]

Bhopal: Officials unhappy over slow pace of work of ‘Housing for All’ project – ET RealEstate

BHOPAL: Inspection of project under Housing for All was undertaken by Bhopal divisional commissioner and Bhopal Municipal Corporation (BMC) administrator Kavindra Kiyawat here on Tuesday. Kiyawat along with BMC commissioner KVS Chaudary inspected MIG, LIG houses under construction in Bagh Mughalia area of the state capital on Tuesday. Contractors were pulled up as officials expressed […]

Kennedy-Wilson buys 1.5 lakh sq ft office building in London for $252 million – ET RealEstate

Representative Image BENGALURU: Kennedy-Wilson Holdings Inc said on Tuesday it had bought an office building in London for $252 million as it reshuffled its assets, betting on a rebound in workspace demand in the global financial hub, after the pandemic and Brexit hit property valuations in the city. The U.S.-based real estate investment firm’s purchase […]

Works on three lakh houses to begin in July: Andhra Pradesh housing minister – ET RealEstate

AMARAVATI: Andhra Pradesh government is gearing up to kick-start works on at least 3 lakh houses in YSR Jagananna colonies in a span of three days in the first week of July. The district collectors have been directed to ensure launch of works on one lakh houses each day on July 1, 3 and 4. […]

Slum dwellers along Ambil Odha want Pune civic body to repair demolished homes – ET RealEstate

PUNE: The residents of Ambil Odha slums, who were displaced in the encroachment drive last week, staged an agitation at the Pune Municipal Corporation on Monday. They said the drive had made them homeless and forced them to run from pillar to post for a shelter. The slum dwellers demanded that their houses be repaired […]

Seventeen lakh houses to be constructed under Navaratnalu phase I in Andhra Pradesh – ET RealEstate

TIRUPATI: State finance minister Buggana Rajendranath Reddy stated that state government is committed to complete the construction of 17 lakh houses to be handed over to the beneficiaries in Phase-1 of Navaratnalu Pedalandariki illu programme. State finance minister and district in-charge minister Anil Kumar Yadav held a review meeting of various government programmes in Kurnool […]

Home loan disbursals down 23% in Gujarat – ET RealEstate

AHMEDABAD: Disbursals of housing finance reduced by 23% in the pandemic year 2020-21 against the same period last year. Housing finance disbursals stood at Rs 12,731 crore in 2020-21 against Rs 15,647 crore in 2019-20, according to the latest report of the state-level bankers’ committee (SLBC). Bankers attribute the decline primarily to falling incomes due […]

Telangana: 162 poor families get two-bedroom homes – ET RealEstate

HYDERABAD: It was a memorable moment for 162 families, who received the keys for the new two-bedroom homes built under Telangana government’s Dignity Housing Scheme on Monday. All these years these families had spent their lives in a slum settlement in Sanathnagar. The Potti Sriramulu Nagar 2BHK Housing Colony in Bansilalpet division, which has come-up […]

Gurugram: Four illegal farmhouses razed in Aravalli region – ET RealEstate

Representative Image GURUGRAM: The Department of Town and Country Planning (DTCP) on Monday razed four under construction illegal farmhouses and road network constructed on the Aravalli mountain range at Gairatpur Bas here, officials said. According to the DTCP officials, Gurugram district is an urban and controlled area in which permission is required to be taken […]