Affordable Housing
The 48th meeting of the Central Sanctioning and Monitoring Committee (CSMC) under Pradhan Mantri Awas Yojana (Urban) on Friday has approved 371 recommendations from participating states and Union Territories for construction of 2,31,532 lakh houses with an overall investment of Rs 7,322 crore including central help of Rs 3,473 Cr. A total of 7-states/UTs participated [...] Continue Reading »
After the Maharashtra government was forced to announce a change in the draft development plan (DP) owing to gross mistakes and critical comments by various urban planners, the Brihanmumbai Municipal Corporation (BMC) chief has assured that the new draft of the Development Plan (DP) 2034 will be completely error-free. Citizen forums and activists who protested [...] Continue Reading »
On 23rd February 2015, farmers from riverbank villages in Andhra Pradesh joined the Aam Aadmi Party (AAP) and Anna Hazare to protest against the amendments to the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. There were 5,000 and more Krishna riverside farmers who wanted more compensation for their [...] Continue Reading »
On February 10, 2015, the Aam Aadmi Party (AAP) claimed a stunning victory in the Delhi elections, led by its party president Arvind Kejriwal who is now the Chief Minister of Delhi and has a very clear manifesto, especially when it comes to giving Delhi a makeover. No matter what industrialists think of AAP’s manifesto [...] Continue Reading »
The Chief Minister of Haryana, Manohar LalKhattar in a statement on Monday said that concrete steps would be taken by the government to ensure that the people of Haryana get access to affordable housing. For this endeavour, he seeks the cooperation of the Private Sector. The CM of Haryana addressed a conference of the CREDAI [...] Continue Reading »
With the government working closely with real estate companies to influx a renewed interest into the sector as a whole, Indian real estate companies are seeking a single window clearance mechanism from the government to streamline their projects across the country. With a relaxation in FDI norms in the real estate sector, a large number [...] Continue Reading »
Affordable housing is needed for the health and well-being of people along with smooth functioning of economies. In the coming 10 years, there will be an exponential rise in urban housing cost and population dwelling in substandard housing. Through this period, India shall feature among the top housing challenged countries till the government starts working [...] Continue Reading »
The Union Ministry of Housing and Urban Poverty Alleviation plans to map the needs and requirements for affordable housing. They plan to work closely with all the stakeholders in promoting Green Affordable Housing. They also plan to work with the State Governments closely so that the project can be executed with efficiency. The ministry has proposed to [...] Continue Reading »
After successfully playing the role of a pioneer in affordable housing 14 years ago, Vastushodh Projects has now forayed into affordable housing for senior citizens. The project called SukhGram has been launched in Pune under the company’s UrbanGram brand. Sachin Kulkarni, managing director at Vastushodh Projects said the project would be an independent gated community [...] Continue Reading »
For a Government that rode to power on sky-high expectations, the first 100 days are almost akin to the first week box office collections of a Bollywood blockbuster. Because that’s when impressions are made and word-of mouth spreads, giving an inkling of what lays ahead – a hit or a flop. For Indian industry, troubled [...] Continue Reading »
