India's 2022 budget allocated Rs 48,000 crore for affordable housing under PMAY, with plans to construct 80 lakh houses. A high-level committee will advise on urban planning.
The Indian government plans to raise Rs 15,000 crore through the monetization of its urban real estate assets, including several residential colonies in Delhi and eight hotels owned by the India Tourism Development Corporation (ITDC).
CIDCO begins geotagging plots in Navi Mumbai, enhancing transparency and efficiency in land records, benefiting buyers and developers alike.
Pune Municipal Corporation extends credit notes for developers to pay various taxes and fees, boosting public-private partnerships for road and bridge development.
The government is linking e-courts with land registration databases to help buyers identify disputed properties and streamline property transactions nationwide.
The GNIDA has launched a new scheme for the allocation of industrial plots, aiming to attract investment and multinational companies to Greater Noida.
Naredco has urged developers to establish isolation facilities for Covid-impacted construction workers in Noida, Greater Noida, and Yamuna Expressway area.
The DTCP has launched an online portal to streamline the affordable housing process, ensuring transparency and timely refunds for buyers following numerous complaints about unfair practices.
NKDA has initiated a special camp to assist property taxpayers in New Town, Kolkata, addressing challenges posed by the pandemic, especially for the elderly.
YEIDA has initiated the registry of residential plots in sectors 20 and 18 after a 12-year delay, with 5,500 registrations completed and an additional 2,500 planned by March 31.
CIDCO plans to auction approximately 900 plots in Navi Mumbai over the next 12 months. These plots, suitable for bungalows and major developments, range from 40 to 4000 sq mt.
Farmers in Katihar to get land registration information with a click thanks to the ETS machine simplifying land measuring tasks.
Approximately 3.16 lakh houses remain incomplete under the Pradhan Mantri Awas Yojana-Grameen (PMAY-G) scheme in Rajasthan. Districts such as Barmer, Banswara, and Jodhpur have the highest number of incomplete houses. The state authorities have issued directives to complete the pending houses by March 31, 2021.
The Delhi government has disbursed Rs 3.17 crore to 487 construction workers under various welfare schemes. Manish Sisodia, Deputy Chief Minister and Labour Minister, handed over the cheques.
Haryana government is digitizing property data in 87 urban areas, covering 8 lakh properties in 41 cities, to curb fraudulent practices and improve transparency.
Karnataka Deputy Chief Minister requests 750 acres of land from the Defence Minister for an IT park and manufacturing industries in Belagavi.
Upcoming Bengaluru Transit Infrastructure Projects to boost real estate development. Impact includes major locations like Whitefield and Electronic City.
Union Minister Nitin Gadkari criticizes cement factories for price hikes, citing challenges for infrastructure projects
NCR extends construction ban in Noida, Ghaziabad till May 3, Gurgaon & Faridabad allowed with approvals
Housing Ministry hands over conveyance deeds to 20 Delhi residents in Raja Vihar & Suraj Park, under PM-UDAY scheme, benefiting 40 lakh residents by regularizing illicit settlements.
YEIDA to develop business hub near Jewar Airport, boosting Greater Noida's real estate
The year ended positively for Thane's real estate market with many infrastructure projects wrapping up, boosting rental yields and attracting investors.
BBMP introduces online plan approvals for builders in Bangalore, streamlining process for residential and office constructions
The Centre is funding infrastructure improvements in Noida to enhance urban living, addressing issues like housing shortages and vacant properties, according to Naidu.
Noida's real estate market benefits from a 5% office rental hike and substantial infrastructure investments, promising improved connectivity and affordable housing options for residents.
