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Housing and Urban Development Corporation

Gehlot’s housing scheme in Rajasthan suspended

Gehlot’s housing scheme in Rajasthan suspended
Rajasthan Chief Minister Vasundhara Raje has suspended Mukhyamantri Gramin BPL Awas Yojana which was one of the pet projects of the previous Congress government in the state. The ministry has cited the reason behind suspending this as fiscal prudence. This scheme was introduced in 2011 and it aimed at providing 6.80 lakh dwelling units to [...] Continue Reading »

Omar lays stone of vertical housing colony

Omar lays stone of vertical housing colony
Chief Minister of Jammu and Kashmir, Omar Abdullah laid the foundation of the first integrated vertical housing colony at Bemina in Srinagar. The building is to be constructed by the Srinagar Development Authority (SDA). The approximated project cost for the housing colony is being pegged at Rs 200 crore with the financing of Housing and [...] Continue Reading »

HUDCO introduces new housing plan for government employees

HUDCO introduces new housing plan for government employees
Housing and Urban Development Corporation is coming up with a new housing scheme, where low rank government employees can own a house for themselves. The state authority is in negotiation with the government agencies in Andhra Pradesh, Maharashtra, Punjab and Karnataka for its new Rent-to-Own scheme. Before the scheme is launched, a government agency will [...] Continue Reading »

Policy amendments must to promote affordable housing

Policy amendments must to promote affordable housing
Delhi: With urbanisation expected to grow at a compounded annual growth rate of more than two percent over the next 20 years, there is a great need to develop better policies to provide mass housing, particularly in the suburbs and satellite towns of metros and Tier I cities. The government has to reform the development [...] Continue Reading »

Hudco wants land as collateral

Hudco wants land as collateral
The Housing and Urban Development Corporation (Hudco) has refused to accept sewerage treatment plants (STPs) and reservoirs as collateral instead it wants land as collateral. The Hyderabad Metropolitan Water Supply and Sewerage Board (HMWSSB) is trying to get open land for the Rs 1,000 crore loan for the Godavari drinking water supply project. A senior Water Board [...] Continue Reading »

Green Housing just a Catchy Phrase for the Property Developers

Green Housing just a Catchy Phrase for the Property Developers
Green housing has become just a key component for the builders and the developers to attract the property buyers to them. The green housing theme and the intension behind building a green city has been fading down since the developers find this “green housing” term as catchy phrase instead of serving the actual purpose of [...] Continue Reading »



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