RV Verma, Chairman and Managing Director of National Housing Bank (NHB) opined that the trend of easing prices of housing units may continue for some time. In the national capital region (NCR), he said, price correction has happened due to over supply. Some more correction may take place in the coming days
Tag: residential
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Govt finalises changes in STP policy
Maharashtra government finalised several changes to the existing policy for the Special Township Project (STP) scheme. The modified policy increases the contribution of the builder to low-cost housing to 20 per cent of the total built-up area from the current level of over 10 per cent. It may be recalled that over six years ago, the state gove
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GVK awards Rs 19.8 bn order to L&T
GVK project and Technical Services awarded a Rs 1,985 crore contract to the infrastructure IC (independent company) of L&T Construction. In a press statement, the company said the order was part of the Rs 2,503 crore fresh contracts secured by it across various segments
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