Industry speak: NAREDCO welcomes the announcements by Prime Minister to boost Affordable Housing

Affordable housing

Accommodation Times News Service NAREDCO welcomes the Government’s move to create two additional categories under Pradhan Mantri Awaas Yojana (PMAY-Urban) for interest subvention. Under this, home loans up to Rs. 9 Lacs taken in 2017, will receive interest subvention of 4 % and home loans up to Rs. 12 Lacs taken in 2017 will receive interest subvention More...

by admin | Published 5 months ago

RERA for Maharashtra to be final released in this October
By admin On Tuesday, January 3rd, 2017

Valuation of Properties offered as collateral securities to the banks

By Dr Sanjay Chaturvedi, LLB, PhD While granting the finance to the applicant, depending upon the necessity, the Bank insists them to create collateral securities by the way of equitable mortgage. According to the More...

By admin On Monday, January 2nd, 2017

NGT opposes govt decision to exempt environmental clearance prior construction

Accommodation Times News Service Terming the ministry’s decision to exempt realty projects from seeking prior environmental clearance as ‘absurd’, the National Green Tribunal (NGT) has issued notices to MoEF More...

Real Estate Growth
By Staff Reporter On Thursday, December 29th, 2016

PERE to see an annual hike of 53% by end of year: Cushman & Wakefield

Ashvita Singh Accommodation Times News Service Despite demonetisation and RERA affecting the realty sector most, private equity investment in real estate (PERE) is prepped to witness an all-time high since 2008 More...

By admin On Wednesday, December 28th, 2016

PM to target Benami properties next to rein in unaccounted money

Accommodation Times News Service Firming his ante in fight against corruption, Prime Minister Narendra Modi on December 25, 2016 said that Benami property holders are next in his target list. The Prime Minister More...

House 12
By admin On Tuesday, December 27th, 2016

PE Focus On Housing Projects Set To Increase

Anuj Puri, Chairman & Country Head, JLL India Over USD 2.8 billion worth of platforms already in place; focus shifting to affordable and mid-segment housing Partnerships, often between investors and developers, More...

Buildings under construction are seen under the Mumbai skyline
By admin On Thursday, December 22nd, 2016

Govt eases environment clearance law; smaller constructions to win big

Accommodation Times News Service In a string of changes undertaken by the union government for ease of doing business, the environment ministry has now decided to excuse big realty projects from seeking environment More...

Mumbai open space
By admin On Monday, December 19th, 2016

Andhra to have six more smart cities

Accommodation Times News Service Staff Reporter In a move that can be termed as a self-starter, Andhra Pradesh state government is deciding to turn six more municipal towns into smart cities. Unlike the cities of More...

SRA logo
By admin On Saturday, December 17th, 2016

SRA issued notice to 114 developers, seeks explanation over delay

Accommodation Times News Service The Slum Rehabilitation Authority chief executive officer, Mr. Vishwas Patil has recently issued notice to nearly 114 errant developers. The strict censure has come in the wake More...

High Court ask Andhra Pradesh govt. clarification on their housing schemes
By Staff Reporter On Saturday, December 17th, 2016

HC scraps land acquisition deal of Ansal properties in Ghaziabad

Ashvita Singh Accommodation Times News Service The Allahabad High Court on 14th December, 2016 quelled the land acquisition process drawn in favor of Ansal properties some 8 years ago in Ghaziabad. The land, which More...