Hi folks, we are here with the latest weekly real estate news update (03rd May 2022 to 10th May 2022) curated from the finest sources of the nation.
New Delhi: Launched in 2015, the Pradhan Mantri Awas Yojana will be extended in the urban areas till 2022. The PMAY scheme aims to provide pucca houses to the urban populace. The central government had sanctioned over 1.23 crore houses.
Pune: PMC or Pune Municipal Corporation has sent notices to over 245 dilapidated owners of wadas ahead of the monsoon. According to PMC, these wadas are very weak and are extremely prone to accidents.
Delhi: DUSIB or Delhi Urban Shelter Improvement Board will carry out the repair works of 2000 vacant EWS flats in Dwaraka Sector 16. DUSIB is the body that also identifies the eligible slum dwellers and taking care of the allotment process.
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Everything in India is a state of constant flux; maybe that's why we Indians became one of the most adaptable and cosmopolitan people in the world!
If the nation's elements are shifting its focus, how can real estate be any different? Indian Real Estate Sector is perhaps one of the most dynamic ones in the entire world. Since the Real Estate in India is yet to be organized entirely, the variations in one segment affect another in ways difficult to comprehend.
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