Ready to move in Apartments/Flats for Sale in Vijayawada Guntur Highway Vijayawada

On October 31, Chief Minister Chandrababu Naidu released the brochure and logo of Amaravati Happy Nest, the first government-sponsored housing project in Amaravati. Located in Nelapadu, the project spans 14.46 acres and will have as many as 1,200 flats for sale. Up for grabs are 2BHK and 3BHK flats spread across 18 towers, each 12-floor high. The units at the project are priced at Rs 3,492 per sq ft. A web-portal has been created to invite applications which will be open from November 9.

For a country like India where population and inflation have faded common man's dream of owning a home, few government-sponsored housing schemes are a big respite. The Central government in India is running a number of housing schemes to provide shelter and basic amenities to the homeless poor in urban and rural areas. Check out a few popular housing schemes and policies.

MakaanIQ lists the top five affordable residential projects in Hyderabad which sold maximum units during January 2018 to April 2018. The projects are Risinia IntelliPark by Risinia Builders at Bachupally; ‘Manhattan Poda & Condos’ by Provident Housing at Rajendranagar; Maram RP Homes by Maram Infra Projects at Hayathnagar; Sri Gajanana Enclave by Sri Gajanana Construction at Kompally; and GreenView Apartments by Ramky Group at Maheshwaram. These properties are within gated communities surrounded by well-developed social infrastructural facilities and have a price range well below Rs 50 lakh.

Through an order in 2011, the Supreme Court held that transferring property title through a general power of attorney was not valid. The top court directed municipal bodies not to register/mutate properties based on these documents. Following the order, states banned the registration of properties sold through GPA. The SC, however, said that genuine transactions carried out through GPA would be valid. In light of this, should you be entering property transactions that involve sale through power of attorney? Let us find out.

National Building Construction Company (NBCC) is now planning to buy insolvency-hit Jaypee Infratech, a move that would help the public company to acquire land parcels in tony localities, Taj Expressway and Japyee Hospitals. NBCC will be competing with other construction majors, including L&T, Suraksha Asset Restructuring Company, Kotak group and ICUBE, which have shown interest in buying Jaypee Infratech, the sister concern of Jaiprakash Associates Limited (JAL). This is the second time process is on to acquire the insolvency-hit realtor.