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Real Estate News (3rd Nov - 9th Nov 2020)

Date: 9-November,2020Last Updated:

Catch up to all the major events in last week's Indian Realty !

Stay updated with the most relevant real estate news from 3rd to 9th November 2020, through our Real Estate News Round-Up.

600 Crores for 2BHK Living Spaces

Telangana: The Government sanctions a whopping Rs 600 crores for the 2 BHK living spaces in Telegana's urban locales. The allocation of funds comes right before the GHMC elections, and the move is anticipated to block the protests of the opposition for failing the ruling party's promise of 2 BHK flats.

Refugee Families to Get Land Rights

West Bengal: Mamta Banerjee, the hon Chief Minister of WB has granted special land rights to 25000 refugee families in the state. A further of 1.25 lakhs of refugee families too shall get the same rights in the near future. The rights would act as proof for most of the families' citizenship.

Cement Sector to get its own Regulatory Body?

Mumbai: The Indian cement sector would get it's own regulatory and authoritative body to oversee the proper manufacturing and distribution of the material. This move comes against the backdrop of the rising unethical and fraudulent practices prevalent industry. The major developers of India have already approached Prime Minister Shri Narendra Modi to set the body up.

1000+ Plots allocated by YEIDA

Noida: 1000 residential plots allocated by the YEIDA or the Yamuna Expressway Industrial Development Authority to boost the residential sector. For the 1075 plots, over 2452 applications were received by the authority, hence showing the increased demand for the land near Jewar Airport.

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