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Haryana Housing Board to build 50,000 houses for EWS

Haryana Housing Board to build 50,000 houses for EWS
In a massive housing programme launched for the economically weaker section (EWS), BPL and other categories, the Haryana Housing Board has launched construction of 50,000 affordable houses for over the next two years. Construction of about 30,000 houses has already started. The total cost of the project is being estimated to be over Rs 2,250 [...] Continue Reading »

Affordable housing projects line up in Gujarat

Affordable housing projects line up in Gujarat
Gujarat- The real estate industry and the state government is all set to develop large number of affordable residential units in various regions of state. The state government has promised to initiate work for developing 120,000 homes for the poor and homeless people of the state for the year 2013-14. Government has allocated a total [...] Continue Reading »

Water tax likely to increase in Vijayawada

Water tax likely to increase in Vijayawada
Vijayawada – Vijayawada Municipal Corporation is planning to increase water tax in the city due to overburden of power surcharge. On a regular basis, around Rs 20 crore is being spent towards supplying drinking water in the city. As of now, the revenue being collected through water tax is around Rs 8 crore. Now the [...] Continue Reading »

Haryana’s new policy to benefit BPL families

Haryana’s new policy to benefit BPL families
Chandigarh- Haryana’s new housing policy is expected to benefit over 3.5 lakh families below the poverty line (BPL) and the economically weaker sections (EWS) in the state. These sections will also avail assistance from the state government for  the construction of houses as per the new housing policy. A state level meeting which was held to address [...] Continue Reading »

Goa deputy CM says yes to property tax

Goa deputy CM says yes to property tax
Chandigarh- Despite strong demand of imposing house Tax in Chandigarh, Municipal Corporation is not doing so. But recently Goa deputy CM and minister for urban development Francis D’souza spoke in favor of imposing house tax. During the seminar, “India Urban Development Vision 2020″, organised by the municipal corporation he added that this will help the civic body to [...] Continue Reading »

Power Tariff Hike by GERC Gujarat by 5 Percent

Power Tariff Hike by GERC Gujarat by 5 Percent
Gujarat Urja Vikas Nigam Ltd and Torrent Power, two of state owned distribution firms had filed petitions for power tariff hike which caters to Ahmedabad, Gandhinagar and Surat cities. The Gujarat Electricity Regulatory Commission (GERC) has accepted the petition and consumers might have to shell out an additional 2 per cent to 5 per cent [...] Continue Reading »

RBI agrees to DRI Scheme Home Loan for BPL Applicants in Gujarat

RBI agrees to DRI Scheme Home Loan for BPL Applicants in Gujarat
Differential rate of interest scheme (DRI) was formulated by the central government in 1972 for extending financial assistance at a concessional rate of interest (4%) to select low income groups for productive endeavours. These loans were to be given initially by public sector banks and then by private sector banks also. The Reserve Bank of [...] Continue Reading »



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