Govt approves promulgation of IBC ordinance, relief to home buyer

By Accommodation Times Bureau DELHI The President Ram Nath Kovind on Wednesday gave his assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, the official release by Ministry of Corporate Affairs said. The release stated that “the Ordinance provides significant relief to home buyers by recognizing their status as financial creditors.  This

IIT-Gn to provide housing for over 1,000 construction workers

By Accommodation Times Bureau AHMEDABAD Sudhir Jain, IIT-Gn director and CPWD chief engineer, Ajay Agarwal has inaugurated the housing facility on Tuesday, for providing homes to 1,264 construction workers on Indian Institute of Technology, Gandhinagar (IIT-Gn) campus at Palaj village in Gandhinagar. Clean, hygienic and well-ventilated housing for labourers was constructed at the IIT-Gn, Palaj campus in the

MoHUA amends housing scheme guidelines under PMAY

By Accommodation Times Bureau NEW DELHI To enhance its coverage under Pradhan Mantri Awas Yojana (PMAY), the Housing ministry has amended the guidelines of the housing scheme. According to the amended guidelines, areas falling within notified planning or development area under the jurisdiction of an industrial development authority or urban development authority or

MoHUA signs MoU with Allahabad Bank for processing interest subsidy under Sep Component

By Accommodation Times Bureau NEW DELHI A Memorandum of Understanding(MOU) has been signed in the presence of Hardeep Singh Puri, Minister of State(I/C) Ministry of Housing and Urban Affairs to provide a centralized platform for processing interest subsidy to eligible beneficiaries under Self Employment Programme (SEP) component of DeendayalAntyodayaYojana- National Urban Livelihoods