About 88,236 existing government funded vacant houses are available to be converted into Affordable Rental Housing Complexes (ARHCs) for rental accommodation to migrants under Model-1 of ARHC scheme, according to Ministry of Housing & Urban Affairs. However, no vacant houses are available in ... Read more...
The governments up to 8 percent stake sale in HUDCO at a floor price of Rs 45 a piece would open for institutional investors. The sale of over 16.01 crore shares, or a total of 8 per cent stake, would fetch around Rs 720 crore to the exchequer. The government is selling over 5 percent stake or ov... Read more...
The Karnataka government has decided to construct 9 lakh houses in two years under different housing projects in the state. The decision was taken at a review meeting chaired by Chief Minister B S Yediyurappa on housing schemes in the state. This includes 5 lakh houses of state housing projects and ... Read more...
West Bengal government decided to offer a stamp duty rebate of 2% for registration of deeds and slashed circle rates by 10% as it presented its Rs 3.08- lakh- crore Budget in the assembly for fiscal 2021-2022. "We all are aware that due to COVID-19 pandemic our state along with the country as a w... Read more...
The government has set up a 25-member development council for cement industry, including Dalmia Bharat Group CMD Puneet Dalmia and UltraTech Cement MD K C Jhanwar, which will suggest ways to eliminate waste, obtain maximum production, improve quality, reduce costs and promote standardization of prod... Read more...
Considering the demands of developers, the state government has decided to extend relaxation on stamp duty for three months till September. Though the Confederation of Real Estate Developers’ Associations of India (CREDAI) had written to the finance department to extend relaxation on stamp duty ti... Read more...
A French court ordered Airbnb to pay the Paris government $9.47 million in fines for illegal listings. A Paris law passed in 2017 requires rental companies such as Airbnb to provide the government with registration numbers for their rentals. The company allegedly failed to do so with 1,010 listings,... Read more...
The Centre is planning to link e-court with land records and registration base to help bonafide buyers know if the land is under any legal dispute. So far, the pilot project on linking of eCourt with land records and registration database has been completed in Maharashtra, Uttar Pradesh, and Haryana... Read more...
Gen VK Singh, MoS, MoRTH Gen (Dr) VK Singh (Retd), Minister of State for Road Transport & Highways, Govt of India addressing the second edition of Roads and Highways Summit organized by FICCI said that infrastructure in India is improving with the advent of new technologies and building of be... Read more...
The Delhi government on 23rd June granted Covid relief disbursement of Rs 10,000 each to 1,825 construction workers registered under the Delhi Building and Other Construction Workers Welfare Board. The construction workers, registered with the board before September 30, would have to renew their ... Read more...