Housing minister Prakash Mehta had announced that if developers are ready to construct a part of their sale component for affordable housing, as per Pradhan Mantri Awas Yojana guidelines, they’ll be eligible for loans at low-interest rates The long list of conditions to comply with is trumping low-interest rate, and
Developers from the city say that the price is reasonable and it seems that the recent good supply of land checked the high price rise The City and Industrial Development Corporation (CIDCO) earned a whopping amount of over Rs 200 crores through the sale of 10 residential and commercial plots
The rise in repo rate will push banks to increase the interest rate on different loans including housing loans. There is no respite for home loan borrowers as the Reserve Bank of India (RBI) in its monetary policy meeting held on August 5, decided to increase the repo rate again
Following AAI’s decision to relax the earlier cap imposed on the elevation levels of city buildings in Navi Mumbai, the realty projects worth ₹5,000Cr will now get clearance along with mega development plans of another ₹5,000Cr on the open plots across the city; blueprints of over 100 new building projects
People have been living in transit camps for 30 years, and their houses have been in construction mode for decades. Currently, about 22,000 families live in transit camps, of which 50 per cent are more than 10,000 infiltrators People have been living in transit camps for 30 years, and their
Now, the project will be carried out speedily as the contractor has two yards to operate, the official said. To expedite the much-delayed Versova-Bandra Sea Link (VBSL) project, the Maharashtra State Road Development Corporation (MSRDC) has now allotted another casting yard to the contractor, WeBuild-APCO, so the work can be
The promulgation underlines that the MBRRB will allot houses through a computerised lottery, which will be called on the first date of every month, to weed out unscrupulous beneficiaries. To resolve the issue of transit houses for the residents of cess buildings which were declared dangerous before 2018, the Mumbai
According to the eligibility clauses mentioned in the latest tender document, the BMC stated that contractors must have experience in civil engineering road works in state and national highways With the Brihanmumbai Municipal Corporation (BMC) floating a ₹5,800 crore tender for road repair works, the highest in the history of
Last month, CIDCO floated a tender to e-auction 16 residential cum commercial plots in five nodes of Navi Mumbai for auction The City and Industrial Development Corporation (CIDCO) has extended the deadline for bidding on five Nerul plots and one Ghansoli plot for which e-action was scheduled on August 5.
MMRDA officials said the SOP has been revised after a meeting with architects and licensed engineers who had submitted a proposal that these unauthorised structures are in use and the guidelines will ease the process of regularisation The Mumbai Metropolitan Region Development Authority’s (MMRDA) urban design division has issued a
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