PNB raises Rs 1,315 crore through OFS in PNB Housing Finance

By Accommodation Times Bureau NEW DELHI Through the sale of shares, Punjab National Bank (PNB)  has raised over Rs 1,315 crore in subsidiary firm PNB Housing Finance (PNBHFL) via offer for sale (OFS) route. PNB said in a regulatory filing that, "The Bank successfully sold 98,15,860 equity shares of PNBHFL to different investors

NBCC OFS gets oversubscribed

National Building Construction Corporation (NBCC) OFS was oversubscribed by 1.54 times in non-retail category and 1.50 times in retail category. On offer was 15% paid-up equity capital of the company comprising 9,00,00,000 shares, each of FV of Rs.2. Out of the shares on offer for sale, 20% were reserved for retail

History of Indian structures

 By Ar D M Upasini Accommodation Times Archives   The  earliest  extant  remains  of  recognisable  building  activity   on the   Indian  subcontinent  dates back to the third  millennium  , to the Indus  Valley cities  of Mohenjodaro , Harappa ,Lothal, Kalibangan and   several   others .  These cities  are among  man’s   earliest  attempts  at organising an 

Delhi Master plan exclude parking and other thing from calculation of FAR

By Accommodation Times Bureau 4. General features – free from FAR calculations. 4.1 Clause 8.10 of Building Bye Laws a. Architectural feature on ground or any other floor including rooftops as approved by sanctioning authority/ Delhi Urban Art Commission and Delhi Fire Service. b. Architectural elements such as louvers, end wall projected upto

Asahi India Glass Ltd. launches its new Fire-Resistant Glass Range

By Accommodation Times News Services New Delhi, 18 th October, 2016: Asahi India Glass Limited (AIS), India’s leading integrated glass company expanded its existing portfolio in the architectural segment with theintroduction of a new Fire-resistant glass range. The range was launched at The Royal Plaza Hotel, New Delhi. AIS has partnered withAGC Glass Europe for

SRA says missing documents and misleading info delays slums surveys

By Accommodation Times News Service A survey of Mumbai’s slums to establish which residents are eligible for re-housing is being delayed by missing documents and criticized by activists who say the effort will fail unless the rights of all slum dwellers are recognized. More than 55% of the Indian city’s 20 million

CPWD adopts modern, efficient and green construction technology

By Accommodation Times News Services Government’s construction major, the Central Public Works Department (CPWD) will henceforth, adopt modern Monolithic construction technology for all major projects of Rs.100 cr and above each, abandoning traditional methods of construction which are marked by several disadvantages. Monolithic construction, being followed in countries like the US, UK,

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