Cabinet approves Extension of tenure of loans under the Credit Linked Subsidy Scheme (CLSS) of Pradhan Mantri AwasYojana (PMAY) from 15 to 20 years

By Accommodation Times Bureau The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given ex-post facto approval to the proposals for (i) Extension of tenure of loans under the Credit Linked Subsidy Scheme (CLSS) vertical of Pradhan MantriAwasYojana (Urban) Mission from 15 to 20 years (to be renamed as

Frequently Asked Questions on Credit Linked Subsidy Scheme (CLSS) under Housing for All (Urban) Pradhan Mantri Awas Yojana

By Accommodation Times News Service Q1. Organizations such as the National SC Finance Development Corporation and others involved in financing for ST/OBC/ Minority / Handicapped beneficiaries should also be involved in financing of Housing for All (HFA) Mission. Answer: NHB is to examine the Memorandum of Association (MoA) of these organisations to

National Urban Housing Fund created

By Accommodation Times Bureau The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given approval for creation of National Urban Housing Fund (NUHF) for Rs.60,000 crores.  This fund will be situated in Building Materials and Technology Promotion Council (BMTPC), an autonomous body registered under the Societies Registration Act, 1860

Recommendations made by the GST Council for the Housing Sector to promote Affordable Housing

By Accommodation Times Bureau In its 25th Meeting held on 18th January, 2018, the GST Council had made several important recommendations for the Housing Sector which have come into force with effect from 25th January, 2018. The recommendations are expected to promote affordable housing for the masses in the country.   One of the important recommendations made

Hardeep Singh Puri & CM Parrikar launches Star-Rating system for Garbage Free Cities in Goa

By Accommodation Times Bureau PANAJI The minister of State for Housing and Urban Affairs, Hardeep Singh Puri along with Manohar Parrikar, Chief Minister of Goa, on Saturday, launched the ‘Protocol for Star Rating of Garbage-Free Cities’ in Goa. The star-rating initiative, developed by the Swachh Bharat Mission – Urban will be rating cities

Change in carpet area rule may increase housing demand in Karnataka

By Accommodation Times Bureau BENGALURU Under Pradhan Mantri Awas Yojana (urban), the centre aims to provide affordable houses to all by 2022. According to a recent move by the centre to increase the carpet area for residences eligible for interest subsidy under the Credit-Linked Subsidy Scheme (CLSS) has come as a benefit

Shapoorji Pallonji Enters Mumbai with its First Joyville Project in Virar

Joyville Virar to be developed across 7.3 acres of land By Accommodation Times Bureau The Shapoorji Pallonji Group, one of India’s trusted and oldest real estate brands announced today the launch of its easy-to-own homes under the brand – Joyville in Mumbai with its first project in Virar. This is the second

Modi Govt directs state to adopt 16 innovative technologies for constructing affordable houses under AHP, ISSR

By Accommodation Times Bureau A day long national Workshop on National Consultation on Accelerating Implementation of Urban Missions-PMAY(Urban) was inaugurated by Shri Hardeep Singh Puri, Minister of State for Housing and Urban Affairs(I/C) here last Friday. The Workshop chaired by Sh Durga Shankar Mishra, Secretary in the Ministry was attended by