The Maharashtra government, on March 8, 2019, approved a Rs 1,722-crore budget for Pune Metropolitan Region Development Authority (PMRDA), more than half of which will be spent on metro rail and a ring road. … READ FULL STORY
Peninsula Land Limited, a part of the Ashok Piramal Group, on February 12, 2019, announced the launch of the second phase of addressOne Central Park in Gahunje, Pune, where it plans to develop over … READ FULL STORY
Divyata Kalhans Account director, Mumbai I have purchased a property in Jaypee Krescent homes, Noida, for which I opted for a home loan. I am disappointed with this budget, as there is no change … READ FULL STORY
Before every annual budget, the real estate sector trots out a highly optimistic (and unrealistic) wish-list to the Finance Ministry. Whether the industry actually expects the upcoming budget to cure all its woes, with … READ FULL STORY
At a public rally in Solapur, Maharashtra, prime minister Narendra Modi launched the four-laning of the Solapur-Osmanabad section of NH-211, an underground sewerage system and three sewage treatment plants. Modi also laid the foundation … READ FULL STORY
Traditionally, property investment has been viewed as a safe and stable long-term asset in India. It is often an emotional decision for Indians and is perceived as an indication of one’s status and wealth … READ FULL STORY
Update on March 12, 2019: The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied for insufficient payment of stamp duty made in the … READ FULL STORY
Around 2.75 lakh beneficiaries have availed of the subsidy scheme under the Pradhan Mantri Awas Yojana (Urban), with Gujarat topping the chart, the government said, on November 28, 2018. Maharashtra and Madhya Pradesh had … READ FULL STORY
Union minister Hardeep Singh Puri, on October 25, 2018, said there was a need to build the capacity of professionals to comprehend hazard-resistant features and use them, while designing and preparing housing projects in … READ FULL STORY
The Maharashtra cabinet, chaired by chief minister Devendra Fadnavis, on October 23, 2018, gave its nod to form the state housing development corporation, to boost the implementation of the Pradhan Mantri Awas Yojana (PMAY). … READ FULL STORY
Panvel, in Navi Mumbai, has emerged as one of the fastest-growing areas, in terms of infrastructure development and connectivity. Its real estate market has also witnessed considerable activity across segments, including affordable, mid-segment and … READ FULL STORY
The central government, on September 26, 2018, sanctioned the construction of 6,28,488 housing units, taking the total number of houses being funded under the Pradhan Mantri Awas Yojana (PMAY) (Urban) to 60,28,628 across the … READ FULL STORY
SBI, LIC Housing Finance and Muthoot HomeFin, on September 3, 2018, offered loans at concessional rates, for repairing and renovation of homes, to help people in flood-affected Kerala. State Bank of India (SBI) said … READ FULL STORY
