About 3.88 lakh homes built under PMAY-U in Andhra Pradesh in last three FYs – ET RealEstate

NEW DELHI: As many as 3.88 lakh low-cost houses have been constructed in Andhra Pradesh in the last three financial years under the Pradhan Mantri Awas Yojana (Urban), the government told the Rajya Sabha on Wednesday. In a written reply to a question asked by Rajya Sabha MP Parimal Nathwani, Minister of State for Housing […]

DDA Janta Flat owners told to repair or raze ‘dangerous’ buildings – ET RealEstate

NEW DELHI: The residents of Delhi Development Authority Janta Flats in Paschim Vihar have been issued notices by North Delhi Municipal Corporation stating that the buildings they are living in are in a dangerous condition and need urgent repairs. The notices further state that either retrofitting should be carried out or the buildings should be […]

Hong Kong home prices flat in June but seen hitting record soon – ET RealEstate

HONG KONG: Hong Kong private home prices were flat in June, official data showed on Wednesday, but realtors expect they will hit a new record high in the third quarter, supported by a recovering economy and hopes that mainland Chinese buyers will soon return. The index of June home prices in one of the most […]

DDA extends last date for payment of cost of flats under 2019 housing scheme – ET RealEstate

NEW DELHI: The Delhi Development Authority (DDA) on Tuesday said it has extended the last date for payment of cost of flats under 2019 Housing Scheme to September 30, subject to certain conditions. This extension will be applicable to all the allottees irrespective of the fact whether they have made any payment or not, officials […]

Pandemic derails construction under Pradhan Mantri Awas Yojana-Gramin – ET RealEstate

Outbreak of Covid-19 pandemic has significantly derailed construction of rural houses under the government’s flagship Pradhan Mantri Awas Yojana – Gramin in 2020-21, thus pulling down the cumulative achievement so far. “Against the target of 2.02 crore houses allocated under the scheme till the financial year 2020-21, 1.50 crore houses or 75% have been completed […]

Slum dwellers of Berhampur demand rehabilitation before eviction – ET RealEstate

File photo BERHAMPUR: Slum dwellers on Monday staged a demonstration in front of Berhampur Municipal Corporation (BeMC) demanding rehabilitation before eviction. The slum dwellers under the banner of Basti Basindha Surakshya Manch also submitted a memorandum to the BeMC commissioner. Earlier, different courts directed state governments to rehabilitate slum dwellers before evicting them, said convener […]

North Delhi civic body plans group housing project near Town Hall – ET RealEstate

NEW DELHI: North Delhi Municipal Corporation will soon finalise the redevelopment scheme for the Walled City special areas. As a model project, a group housing residential redevelopment project on 3,000 sqm has been proposed behind Town Hall near Dangal Maidan. Officials say that MPD 2021 had provisions for redevelopment of the Walled City and the […]

Gurugram: Two years after flats handed over, Vardhman Mantra gets OC – ET RealEstate

GURUGRAM: The department of town and country planning (DTCP) on Monday issued the occupation certificate (OC) to Vardhman Mantra, a group housing society in Sector 67, providing major relief to about a thousand families. Launched in 2010, the project is spread over 11 acres and has 1,207 units in 15 towers. The builder had promised […]

Fund crunch could delay Amrapali projects’ construction by NBCC: Receiver to SC – ET RealEstate

Representative image NEW DELHI: The Supreme Court’s intervention by taking over Amrapali to complete the housing projects under its supervision seemed to have not infused much confidence among existing and potential buyers to invest in the Group’s pending projects. The court-appointed receiver informed the SC on Monday that only 20 buyers showed interest to purchase […]

Stop 10% fee on property transfers: Noida Sec 62 RWA to Uttar Pradesh CM – ET RealEstate

NOIDA: Members of the Sector 62 RWA have written to chief minister Yogi Adityanath, urging him to do away with the 10% property transfer memorandum charge levied by the Noida Authority. The residents said property prices hadn’t seen much hike in the past few years and many of them have had pay cuts and job […]