The Ministry of Housing & Urban Poverty Alleviation has asked all states and Union Territories to submit proposals for construction of affordable houses for the urban poor at the earliest so that the Ă´Housing for AllĂ´ target in urban areas could be met by 2022 as envisaged.
Category: ECONOMY & POLICY
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Telecom subscribers in India up 1.91percent in Nov 2016
The number of telephone subscribers in India increased from 1,102.94 million at the end of October 16 to 1,123.96 million at the end of November 16, showing a monthly growth rate of 1.91 percent.
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Telecom panel seeks clarity from TRAI
The Telecom Commission has directed the Department of Telecom to seek clarity from the Telecom Regulatory Authority of India (TRAI) on whether the regulator can impose penalty on the operators for violation for interconnect norms
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PMAY approvals cross 15 lakh with investment of Rs 82,708 cr
The Ministry of Housing & Urban Poverty Alleviation has asked all states and Union Territories to submit proposals for construction of affordable houses for the urban poor at the earliest so that the ĂâHousing for AllĂâ target in urban areas could be met by 2022 as envisaged.
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Signature Global to invest Rs 500 crore to build affordable homes
Realty firm Signature Global, which is into development of affordable homes, will invest Rs 500 crore to develop two housing projects in Gurgaon as the company expects better demand after the government announced an interest subsidy under the Pradhan Mantri Awaas Yojna.
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Haryana govt formulates industrial infra development scheme
The Haryana government has formulated an Industrial Infrastructure Development Scheme aimed at promoting uniform regional and sustainable growth across the state, including in backward areas.
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Setu revamp in 42 months, Centre tells Patna HC
The Centre has informed the Patna High Court that the dilapidated Mahatma Gandhi Setu will be totally revamped within 42 months and a new four-lane bridge, parallel to it, will be put in place in due time.
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Office leasing hits all-time high at 43 mn sq ft in 2016 | CBRE
Office space leasing rose by 9 per cent last year to touch record 43 million sq ft on robust demand from corporates looking to expand their operations, according to property consultant CBRE.
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Housing market sales down 44percent in Oct-Dec 2016
The housing market came to a Ăâcomplete standstillĂâ during October-December 2016 on the adverse impact of demonetisation, as sales fell by 44 per cent in the eight top cities, the lowest figure reported since 2010.
This resulted in a Rs 22,600 crore revenue loss to the builders, according to Knight Frank.
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Smoothening the cement deliveries
The cement industry in India is driven by the immense growth in housing and commercial sectors, infrastructure development, and construction of the transportation ecosystem.