Cabinet approves the increase in the carpet area of houses eligible for interest subsidy under the Credit Linked Subsidy Scheme for the Middle Income Group under Pradhan Mantri Awas Yojana

By Accommodation Times Bureau The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the increase in the carpet area of houses eligible for interest subsidy under the Credit Linked Subsidy Scheme (CLSS) for the Middle Income Group (MIG) under Pradhan MantriAwasYojana (Urban).   To further enhance the scope, coverage and

Insolvency and Bankruptcy Board of India (IBBI) strengthens its Due Diligence Framework

By Accommodation Times Bureau Now prior to approval of a Resolution Plan, the Resolution Applicants, including promoters, will be put to a stringent test with respect to their credit worthiness and credibility; Amendments to the IBBI (Insolvency Resolution Process for Corporate Persons) Resolution Process, 2016 impose a greater responsibility on the

World Green Economy Summit (WGES) 2017 to shed light on how smart cities have become a key to a green economy

By Accommodation Times Bureau Dubai Dubai, UAE, 14 October2017: The fourth edition of the World Green Economy Summit (WGES) 2017 will highlight the importance of smart cities in the transition towards the green economy. This is an endeavour to design ‘smart’ approaches, which ensure that cities, will be optimised for economic

Houses will be provided to eligible tenants in the transit camp: State Housing Minister, Maharashtra

By Accommodation Times Bureau Mumbai, Oct. 4: Minister of State for Home Affairs Ravindra Waikar said here today that positive changes will be considered for providing housing to eligible tenants, residents in existing transit camps in Mumbai city and suburbs. He was speaking at a meeting in Mantralaya on MHADA and  Mumbai

Mumbai civic body plans to offer redevelopment sops to buildings in flight path

By Accommodation Times Bureau The BMC’s draft Development Plan (DP) 2014-2034 now includes a proposal for the redevelopment of old buildings that fall in Mumbai’s airport’s “funnel zone”—the approach path of low-flying aircraft. This is the first time in India that a civic body has proposed that buildings that face height restrictions

Bombay HC embraces Flight Safety,Reproach Builders and Authorities

  By Accommodation Times Bureau Mumbai:On hearing of the case of a PIL filed in Bombay high court; about the danger posed to aircraft by higher buildings near the airport; the Bombay high court biased in favor of flight safety. But it also wondered about the aftermaths of the residents of buildings

Indian smart cities can become lighthouses for world:London School of Economics

By Accommodation Times Bureau The Centre’s flagship initiative Smart City Mission has got its first international affirmation, as a London School Of Economics study has praised the government’s effort, saying Indian smart cities could become lighthouses for other cities around the world. Two years after the Narendra Modi-led government launched the mission to smarten up

Real Estate value adjacent to Religious places declining

By Dr Sanjay Chaturvedi, LLB, Phd When Lata Mangeskar objected to fly over just touching her home's balcony and threatened to shift to Dubai, entire project was scrapped for Pedder Road. Religious places like Mosque, temple s and other seasonal festive pandals on common spaces, roads and compounds making it difficult

Those sanctioned house loans and applied for since January 1st eligible for interest subsidy of up to Rs.2.35 lakh each

By Accommodation Times Bureau PIB Release : The window of fulfilling the aspiration of owning a pucca house for the tax paying large middle class population, announced by Prime Minister Shri Narendra Modi in his address to the Nation on December 31st last year has been made operational from the next day i.e