“Stimulating access to affordable housing - Through a web portal Exploring opportunities for outreach of affordable Housing to the Urban Poor to understand the trends and barriers in promoting access to affordable housing for the urban poor (buy or rent).
The Tamil Nadu government on August 30, said a new software would soon be launched to let people prepare registration documents themselves and send it to the sub-registrar's office concerned online.
The Pune Cantonment Board is all set to launch online payment of property tax from next month. The board has tied up with a private bank to offer the facility. Residents can now pay their taxes either through the bank's portal on internet or at the branches of the bank in the city.
The dynamics of the real estate market in Mumbai are changing, with several important business houses — both Indian and MNCs— shifting to Bandra-Kurla Complex (BKC). And this transition is being led by connectivity, solid infrastructure, well-demarcated and secure areas.
Indian retail space remains under-penetrated by global brands and is now emerging as an attractive destination for global retailers with further liberalisation of the FDI policy and creation of business friendly environment.
The Labour Ministry will come out with a scheme to provide low-cost housing for retirement fund body Employees' Provident Fund Organisation (EPFO) subscribers, Union Minister Bandaru Dattatreya said on August 21.
Union Government has written to the states asking them to reduce stamp duty on registration of houses for poor as it aims to push affordable housing projects across the country. With stamp duty of up to 10 percent in certain states, the registration charge burden on home buyers increases.
The central government has approved an additional investment of Rs 16,641 crore for construction of 2,44,267 affordable houses for urban poor under the Pradhan Mantri Awas Yojana (Urban) during the first four months of this financial year.
In the past one year, when most markets were struggling to sell property, two suburban hubs of Mumbai - Thane and Navi Mumbai was clocking brisk enquiries and even better sales.
The Bombay high court on September 1, directed the directorate general of civil aviation (DGCA) to take "prompt action" in respect of 112 buildings which are inside the approach funnel at Mumbai airport.