Prime Minister Narendra Modi on Tuesday said the government will soon launch a scheme to provide relief in interest of bank loans to those dreaming of their own house in cities. Addressing the nation on the 77th Independence Day, Modi said his government will soon launch the scheme for middle-class families who live in cities but do not own a house. The prime minister said that poor people living in cities without a house face difficulties. "Middle-class families are dreaming of their own house in cities. We will soon launch a scheme for them. "We have decided to give relief in bank loan interest by providing a help of lakhs of rupees to families living in rented houses, unauthorised colonies and shanties in cities, to build their own house," Modi said from the ramparts of the Red Fort. There is already a housing scheme -- Pradhan Mantri Awas Yojana Urban (PMAY-U) -- for the urban poor. The prime minister launched the PMAY-U on June 25, 2015, to provide pucca houses with basic .
The Bombay High Court has refused to pass any urgent orders on a plea seeking for the Special Backward Class (SBC) to be included as a reserved category in the Maharashtra Housing and Area Development (MHADA) lottery for housing allotments. The petitioner, Deepal Shahu Shirvale, had sought that the lottery, to be declared on Monday, be stayed pending hearing of the plea or for the SBC to be included in the reserved category. A division bench of Justices Gautam Patel and Neela Gokhale in their order on August 11 refused to pass any orders granting urgent interim relief on the plea, noting that there was no urgency. MHADA's advocate Uday Warunjikar opposed the plea and said the housing body has the power to frame rules and regulations. He said there are 11 reserved categories at present and the SBC category is not one of them. The bench while refusing any urgent relief observed the plea has not challenged the MHADA rules. We do not know how we can require the insertion of a special
Uttar Pradesh Chief Minister Yogi Adityanath on Sunday directed officials to bring every needy person without a home under the government's housing scheme and ensure 'pucca' houses for them. Adityanath issued the directions during his 'janata darshan' in front of the Mahant Digvijaynath Smriti Bhawan at the Gorakhnath temple here, according to a statement. He also directed the officials to "teach a befitting lesson" to land-grabbers and added that public welfare works and resolving their problems should be the priority. During the 'janata darshan', after hearing a woman from Sarhari complain about her problems in finding shelter, Adityanath directed the district magistrate to provide accommodation to her under the Pradhan Mantri Awas Yojana or the Chief Minister Awas Yojana. "Bring every needy person without a house under the ambit of the government's housing scheme and ensure provision of 'pucca' houses to them," the chief minister told officials. On complaints of land-grabbing,
Housing sales and new supply increased 22 per cent and 86 per cent, respectively, during January-March this year on better demand, according to residential brokerage firm PropTiger.com. REA India, a full-stack real estate technology platform, owns Housing.com, PropTiger.com and Makaan.com. In its report titled Real Insight Residential - January-March 2023, PropTiger.com said that housing sales rose to 85,850 units across eight cities in January-March 2023 from 70,630 units in the year-ago period. New launches grew 86 per cent to 1,47,780 units -- highest in a quarter -- from 79,530 units. Reports of other property consultants have also reported an increase in housing sales during the January-March quarter despite a rise in mortgage rates in the last one year. "The Indian housing market is witnessing a significant growth, with both sales and new launches on the rise. This is particularly noteworthy considering the challenging global environment and the hardening of interest rates on
Chhattisgarh Chief Minister Bhupesh Baghel on Saturday said if the Union government did not conduct a survey of eligible beneficiaries for a housing scheme, the state government will carry it out itself. Replying to the debate on the motion of thanks on the Governor's address in the Legislative Assembly, Baghel said his government was committed to provide pucca houses to all eligible beneficiaries. The motion of thanks was passed after discussion. The last Census took place in 2011 and it was necessary to collect information about the changes in the lives of common citizens so that eligible beneficiaries could get the benefit of welfare schemes, the chief minister said. The Union government should ascertain the details of constructed pucca houses, toilets built under the Swachh Bharat mission, benefits under the Ujjwala gas Scheme, 'doubling' of farmers' income, household electrification and the status of employment of beneficiaries of skill development programs in the last 12 ..
Centre has increased budget for housing scheme, although older targets haven't been met
The Andhra Pradesh Government will be releasing around Rs 6,500 crore to beneficiaries in the third phase of YSR Asara Scheme next month, an official release said on Friday. Under the scheme, outstanding loans of Self Help Groups (SHGs) up to 2019 will be waived by the state government. Chief Minister Y S Jagan Mohan Reddy who chaired a workshop on door-to-door programme (Gadapa Gadapaku Prabhuthvam) today said the campaign covering every household should be conducted by the elected members and hand over the loan waiver letters to the beneficiaries. Speaking on the occasion, he said the ongoing door-to-door programme should be carried out to resolve public grievances with utmost importance and the YSR Congress party MLAs should conduct it in every village/ward secretariat for 2-3 days at least six hours a day in their respective constituencies. While participating in the programme, the MLAs should spend at least five minutes at every doorstep to explain to them the government's ...
The amount they can charge is capped in many cities; you can go legal to avoid payment or even recover your money paid under pressure
Prime Minister Narendra Modi will inaugurate 3,024 newly constructed Economically Weaker Section flats in Delhi as part of an in-situ slum rehabilitation project on Wednesday evening, his office has said. During the programme at Vigyan Bhawan here, the slum dwellers at Bhoomihin camp will also be handed over keys to the flats, thereby giving them the ownership and a sense of security, a PMO statement said. The in-situ slum rehabilitation in 376 Jhuggi Jhopri clusters is being undertaken by the Delhi Development Authority (DDA) in line with the prime minister's vision to provide housing for all, it said. "The objective of the rehabilitation project is to provide a better and healthy living environment to the residents of Jhuggi Jhopri clusters, with proper amenities and facilities," the statement added. The 3,024 flats under Phase I have been constructed at a cost of about Rs 345 crore and are equipped with amenities such as vitrified floor tiles, ceramics tiles and Udaipur green
Curated properties high on amenities catch fancy of a younger, moneyed India
The DDA, on Monday, announced that it has now done away with the individual income criteria for EWS
The Social Welfare Department of the Maharashtra government has proposed an affordable housing scheme for the transgender community, a senior official said
Pradhan Mantri Awas Yojana (PMAY) of the central government completes seven years today. Want to check your name on the list? Here's a step-by-step guide
Says hike is in line with market scenario; rates are still very competitive and demand for home loans is to likely to sustain
It would take the government another five years to construct all houses sanctioned under Pradhan Mantri Awas Yojana (urban).
As per the DDA brochure, the maximum price of a flat is about Rs 2.14 crore in HIG category in Jasola
The DDA will hold a draw of lots on August 25 for about 600 flats for waitlisted applicants of its 2021 Housing Scheme, officials said on Tuesday.
The general public can watch the live telecast of the draw of DDA Housing Scheme 2021 draw and allotment online today starting at 11:00 AM.
The Andhra Pradesh government launched the house-sites distribution exercise in East Godavari district on Friday
Property consultant JLL India is aiming to become a significant player in the real estate technology space and will also invest to grow its housing brokerage business