Vatika to invest Rs 8,000 Cr in upcoming township

By Accommodation Times Bureau GURUGRAM: Vatika Limited will invest Rs. 8,000 crore to develop a 224-acre township project Vatika India Next 2 in Gurugram. The Group recently announced its first Integrated Mid Income Housing Project under PMAY in which more than 15,000 apartments in Vatika India NEXT-2 would be eligible for Credit

Over 1.65 lac benefits under CLSS vertical of PMAY (U)

By Accommodation Times Bureau DELHI The Credit Linked Subsidy Scheme (CLSS) Vertical has shown progressive performance with over 1,65,000 beneficiaries benefitting from this Scheme during 2015-18.  This is a huge jump in the number of beneficiaries from the earlier comparable interest subsidy scheme between 2008-2013 which was only 18,166, said Ministry of

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

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

Cabinet approves the increase in carpet area for homes under PMAY

By Accommodation Times Bureau NEW DELHI Under the Pradhan Mantri Awas Yojana – Urban programme lakhs of middle-class homebuyers will be benefited with better interest subsidy and upgrading the quality and size of their housing units. For medium income group (MIG) flats eligible for subsidy under the Credit-Linked Subsidy Scheme (CLSS) is been