Mayfair Housing

By incorporating small changes, as prescribed under the ancient study of architecture, Vastu, our homes could be turned into a more positive territory. Here is today’s Vastu tip.

The Delhi Development Authority (DDA) has pegged its Budget Expenditure for the financial year 2018-19 at over Rs 8,000 crore. To turn the national capital into a "world-class city" through various projects, the DDA would spend Rs 3,633 crore on building houses and shops, Rs 765 crore on land acquisition, Rs 2,348 crore on land development and Rs 1,286 crore on establishment.

Masala bonds are offered and settled in the US dollars to raise Indian currency from global investors for infrastructure development to be undertaken in India. It, therefore, is beneficial for offshore investors who are looking at an exposure in Indian assets. With housing finance companies issuing masala bonds, revival for real estate may be on the cards.

Noida and Ghaziabad crossed the 300 mark as particulate matter-10 (PM10) levels touched a high on March 28. The situation was likely to prevail in the days to come, said experts.  According to another report by the Uttar Pradesh Pollution Control Board, six cities in India’s most populous state have nearly four times the PM10 level against the permissible limit. In this list of 24 cities where an air quality check was conducted in February, Ghaziabad leads this pack while Lucknow and Kanpur are listed at the second and third place, respectively.  Noida occupies the fourth place.

While plans are underway to get on-board the National Building Construction Corporation to efficiently manage seized properties of defaulters, the state-run firm has also unveiled its plan to lend a helping hand to the government in meeting its housing-for-all-by-2022 target. Media reports say the NBCC plans to build over one lakh affordable housing units across major states of the country in the next five years. The total cost of carrying out the project is pegged at Rs 10,000 crore. The company might start work on such projects this year itself.