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- In order to cater the growing housing needs in urban areas of the state, the City Improvement Trust of Chennai was revamped into the Tamil Nadu Housing Board in 1961. TNHB constructs shelter for economically weaker section, lower income group, middle income group and higher income group at affordable cost.
Why Do Renters In Pune Prefer Viman Nagar?Viman Nagar is one of the popular neighbourhoods in Pune. Apart from the fact that the international airport lies only two kilometres away from this locality, Viman Nagar is also home to many IT companies and educational institutes. Owing to these factors it is quite popular as a real estate destination, especially among renter. According to data by Makaan.com, rental prices per square foot have jumped by over 16 per cent over the past one year.
Nagpur Real Estate To Get A Quick Ride On MetroMaharashtra Chief Minister Devendra Fadnavis on January 1 asked the authorities to prepare a detailed project report for the second phase of the Nagpur Metro project. Expected to be completed in four years, Phase-II of the Metro would be developed at an estimated cost of Rs 11,216 crore. The 48.30-km route will cover localities such as MIHAN, Lokmanya Nagar, Hingna, Prajapati Nagar, Transport Nagar, Vasudev Nagar and Dattawadi.
Centre Clears Akshardham-Saharanpur CorridorThe Union transport ministry has cleared a plan to build a 155-km corridor between Akshardham in east Delhi and Saharanpur in Uttar Pradesh. The corridor, which will pass through Loni near the Delhi-Ghaziabad border, will decongest the east Delhi areas and allow commuters to reach the Saharanpur-bound National Highway (NH-709B) from the NH-24 directly. Currently, commuters from western Uttar Pradesh have to pass through the areas such as Shastri Park, New Usmanpur, Khajuri Khas and Bhajanpura to reach Saharanpur highway that starts at Loni.
Metro To Unlock Potential Of Pune's Emerging Real Estate MarketsIt was in 2016 when the Union Cabinet gave a go-ahead for the construction of Phase-I of the Pune Metro. The Metro connectivity that has been instrumental in the growth of real estate in other major cities, including the national capital region, Mumbai, Bengaluru, Kolkata, and Chennai, has worked its magic on Pune's real estate market, too. With the laying of the foundation stone of the Pune Metro’s third line, more real estate pockets are now expected to witness a growth.