Housing units
Kochi: The Kochi Corporation had requested the state government for an exemption to provide individual housing loans to families belonging to below poverty line (BPL) under the Rajiv Awas Yojana (RAY) scheme. But the government failed to take up the request following which apprehensions have been raised about the successful implementation of the scheme. According [...] Continue Reading »
Gandhinagar: New housing policy has been drafted by the Gujarat government and is expected to be announced in a month’s time. According to sources, the government will simultaneously announce two sub-policies on slum rehabilitation and affordable housing in the cities. The state government has been planning to develop 22 lakh houses in the urban areas [...] Continue Reading »
Tata Housing Development Company Limited, a renowned real estate company in India, has planned to develop 100 million sq ft of space in various cities across India by 2017. According to the Managing Director and Chief Executive Officer of Tata Housing, currently around 55-60 million sq ft is under various stages of planning and execution. [...] Continue Reading »
Goa- Guru Sai Builders and Developers has come up with a new project ‘Dreamz Plaza’ in Dabolim, Goa. The specialty of the project is that it provides endless valley view to its residents. Dreamz Plaza is a mixed development project including commercial and residential properties. It develops 2 bedroom units, 3 bedroom duplex units and shops [...] Continue Reading »
Delhi/NCR- One of the upcoming realty destination is the Gurgaon-Faridabad road which has been witnessing a remarkable realty development due to the constant infrastructure improvement and easy connectivity. An array of residential and commercial units have been launched in this area. Due to the fast paced and future developments in this area, the authorities have allotted about [...] Continue Reading »
Bangalore- A contemporary luxury residential apartment project “Auburn” has been launched in the Frazer Town in Bangalore by Vista Spaces. Covering a total built up area of 40,000 sq ft, the project offers a mix of apartments comprising 2 and 3 bedroom units with size ranging between 1,350 sq ft to 1,875 sq ft. The [...] Continue Reading »
The Allahabad high court judgment imposing stay on 802 acres of land in Noida has affected real estate development. However, the court’s ruling was a major relief for farmers. The project areas like sectors 74,79,112 and 119 in Noida will face a big back drop due to the judgment. Thousands of housing units are being developed [...] Continue Reading »
Report by global property consultant Cushman and Wakefield states that there will be an increase in the demand for 12 million housing units across the country in the next five years. It is said that the top eight cities will form about 20 per cent of the additional demand. However, the overall demand generated for [...] Continue Reading »
The housing and urban poverty alleviation ministry has stated that of the 17.95 million housing units that came up in the country between 2007 and 2012, 11.09 million houses, or nearly 62%, are either vacant or locked up. It throws a light on the practice of buying houses not for staying there but just to [...] Continue Reading »
Realty firms 3C Company and Orris Infrastructure have announced joint development of a group housing project in Gurgaon. The project is named as ‘Greenopolis’ which will comprise of 2,317 housing units spreading across 47-acre. Orris Infrastructure would provide land, while development would be done by the 3C Company, which is known for green buildings. The [...] Continue Reading »
