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Govt Approves 51 L Homes Under PMAY-U; MIG Homes AreThe government has approved another set of 3.18 lakh homes under the Pradhan Mantri Awas Yojana Urban (PMAY-U). The new addition takes the total number of homes under PMAY-U to 51 lakh. Of the 3.18 lakh homes, 2.48 lakh have been approved in Maharashtra, 31,304 in Rajasthan, 23,564 in Tamil Nadu, 13,889 in Chhattisgarh, 1,580 in Puducherry and 203 in Daman and Diu.
Mumbai Metro Line-IV To Get Operational By 2021The Mumbai Metro Line-IV has been planned as a fully elevated corridor with 32 stations from Wadala near south Mumbai and Kasarvadavli near Thane West via Ghatkopar and Mulund. There are plans to extend the line by 2.7 kilometres to Gaimukh. The 32.32-kilometre Metro corridor has an estimated cost of Rs 14,549 crore and is expected to be completed by 2021.
India Jumps 13 Places In Economic Freedom; Unclear LFrom its previous ranking of 143 on The Heritage Foundation’s Index of Economic Freedom in 2017, India is placed at the 130th spot this year, a jump of 13 positions. However, reforms undertaken by the government to improve the state of affairs have yet to make the desired impact. Unclear land titles are one of the major challenges India faces today, the report indicates.
6 Points To Consider While Applying For House ConstrConstruction of a home involves a lot of effort and time and, therefore, it is important that all the necessary markers are kept in mind to avoid last-minute cash crunch and delays in receiving funds from the bank. Here are the six major aspects which you must take into account if you are applying for a home loan for construction purpose.
Mumbai DP: City To Go Vertical; 10 Lakh Affordable HMaharashtra has launched new Development Plan for Mumbai metropolitan region that has cleared the deck for vertical development and has brought FSI bonanza for the developers. The FSI for commercial buildings has been raised to 5 to create space for new jobs and at least 5 lakh affordable homes.