GST council slashes tax rate on under construction properties, affordable houses

By Accommodation Times Bureau NEW DELHI: Real estate sector is one of the largest contributors to the national GDP and provides employment opportunity to large numbers of people. “Housing for All by 2022” envisions that every citizen would have a house and the urban areas would be free of slums. There are

MMRDA to integrate Bandra-Kurla station on Mumbai-Ahmedabad Bullet Train corridor

By Accommodation Times Bureau MUMBAI: The Mumbai Metropolitan Region Development Authority (MMRDA) on Wednesday decided to integrate Bandra-Kurla station on the Mumbai-Ahmedabad Bullet Train corridor and the proposed International Financial Services Center (IFSC). “The High-Speed Rail Corporation of India Ltd. requires 4.5 Ha. plot of land beneath and 0.9 Ha. plot of land

Slum-In-Situ Rehabilitation policy to provide residential facility under PMAY

By Accommodation Times Bureau CHANDIGARH From the squalor of slums on municipal lands to habitable houses, the dwellers are set to cover the distance soon, courtesy Haryana Government’s Slum-in-Situ Rehabilitation Policy designed to provide the residential facility under the Pradhan Mantri Awas Yojana (PMAY). The comprehensive Slum–in-Situ Rehabilitation Policy under Housing for All- 2018”

MMR to get more low-cost houses

MUMBAI To boost ‘housing for all mission’ of Prime Minister Narendra Modi in private sector, the Maharashtra government has decided to adopt a policy of offering incentives by permitting 2.5 Floor Space Index (FSI)  to all the low-cost housing projects under Pradhan Mantri Awas Yojana (PMAY). The government has also allowed 1 FSI on