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DDA To Now Launch Housing Scheme 2018 In DecemberThe Delhi Development Authority, which was to launch the Housing Scheme 2018 in June, has now delayed it to December. Under the new scheme, the housing authority will offer fresh units instead of the surrendered counterparts as it did in previous schemes. However, of the 21,000 flats on offer, according to the DDA spokerperson, some are not complete.
After Mumbai, Delhi Is Gearing Up For Ferry RidesThe ferry service for a few kilometres between Tronica City and Sonia Vihar will commence once the monsoon subsides. The idea is to develop it as a major tourist attraction. The project will be funded by the Inland Waterways Authority of India which has approved Rs 7.55 crore for the trial project.
Key Facts About Home-Loan Subsidy Under PMAYHere is all you need to know about the home-loan subsidy under the Pradhan Mantri Awas Yojana.
Delhi To Have London-Like Metro-Rail Interlinked CorThe National Capital Region Transport Corporation is planning to link the Delhi Metro with high-speed railway network that will bring down the travel time between the national capital and the cities that fall under the NCR. The project, which is estimated to cost Rs 1 lakh crore, is expected to cater to over 20 lakh commuters daily. The completion deadline for the project is yet to be finalised.
Govt Extends Support To Middle-Class Home BuyersIn his address, the PM announced that now people with an annual income of up to Rs 12 lakh in urban areas would be eligible for a four per cent subsidy in interest for a home loan up to Rs 9 lakh. This will help India's middle-class home buyers.