Jhamtani Group

In what is being touted as one of the biggest apartment deals in the country, RPG Group Chairman Harsh Goenka has bought a five-bedroom luxury sea-facing unit in Mumbai’s Malabar Hill for Rs 45.2 crore from Citibank India. The property, say media reports, was sold through an auction conducted by the bank recently.

The government has increased the carpet area of houses eligible for interest subsidy under the Credit-Linked Subsidy Scheme (CLSS) for the Middle-Income Group (MIG) under the Pradhan Mantri Awas Yojana (Urban). Now, the carpet area of houses for the MIG-I category has been increased to 160 square metre (sqmt) while the carpet area for homes for the MIG-II category has been fixed at 200 sqmt. Earlier the carpet area for the MIG-I category was fixed at 120 sqmt and 150 sqmt for the MIG-II category.

The Maharashtra Housing and Area Development Authority (MHADA) will offer 1,000 housing units for sale under the MHADA Lottery Scheme 2018. Spread across localities, including Borivli, Ghatkopar, Mulund, Mankhurd, Goregaon and Vikhroli, the apartments are priced between Rs 15.35 lakh and Rs 1.42 crore.

MakaanIQ hand-picks popular sports and recreational amenities for its health-conscious homebuyers.

In a move to curb the problem at ground level, different civic authorities are asking housing societies to take up waste management at ground level. While the Ghaziabad Development Authority has directed housing societies spread over 2,000 sqm to have a designated space for a waste treatment plant if they want to get the building plan approved, Delhi’s civic agencies have piloted a project asking housing societies to turn wet waste into compost.