State govt to buy unsold flats from private developers

By Accommodation Times Bureau MUMBAI In order to expedite the much-touted Pradhan Mantri Awas Yojana and achieve its target of building 19 lakh homes in the entire state, the state government has planned to buy unsold flats at reasonable rates directly from private developers. These flats were not being sold for a very

Gurugram city has been divided into 4 zones for development: CM

By Accommodation Times Bureau CHANDIGARH Haryana Chief Minister, Manohar Lal on Thursday said that the Gurugram City has been divided into four zones for undertaking developmental works in a phased manner. The Chief Minister was presiding over the meeting of Industrialists and Real Estate Developers at Gurugram on Thursday. As many as 61

ART Affordable Housing Finance joins Rs 100 Cr loan disbursal per month club

By Accommodation Times Bureau MUMBAI ART Affordable Housing Finance (I) Limited (AAHF) on Thursday announced that it has crossed INR 100 Crore affordable home loan disbursal in the month of March 2018 and joining the league of Housing Finance Companies that disburse an amount of hundred crores in loans in a month. In March

Branded players introducing lower ticket size products; no compromise in amenities

By Accommodation Bureau Sundeep Jagasia, Managing Director, Shree Krishna Group (Guest Article) With the implementation of Goods and Services Tax (GST) and the Real Estate (Regulation and Development) Act, 2016 (RERA), demand in the residential markets across cities remains subdued, but the affordable segment is seen as a bright spot driving growth

Civic body collects over Rs 3.5 Cr property tax on last day of fiscal

By Accommodation Times Bureau VADODARA The Vadodara Municipal Corporation (VMC) on the last day of fiscal has collected Rs 3.51 crore towards property tax. The civic body ended its financial year on Saturday and it’s total collection of tax revenue reached to over 436 crores. From the beginning of the year, the civic

Over 5000 houses were allotted to Kerala under PMAY

By Accommodation Times Bureau THIRUVANANTHAPURAM The Union Housing and Urban Affairs Ministry has sanctioned 5073 houses in 32 cities under the Prime Minister Awaaz Yojana (City). The expenditure incurred for constructing these houses will cost Rs 203 crore. 76 crore is central assistance. The 33rd Annual Meeting of the Project Monitoring Committee was approved to

NHAI awarded 150 road projects in 2017-18

By Accommodation Times Bureau DELHI In Financial Year 2017-18, National Highway Authority of India (NHAI) has awarded 150 projects road projects of 7,400 km worth Rs. 1,22,000 crore, the release said. In last 5 years, the average length of road projects awarded by NHAI was 2,860 km with 4,335 Km awarded in the

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