Housing Sector: Current Affairs, GK & News - 2020-2021

Finance Minister: Rs 25,000 crore Fund for stuck Housing Projects

Published: November 7, 2019

On November 7, 2019, Government of India announced the establishment of Rs 25,000 crore fund for home buyers whose money is stuck in stalled projects. According to the Ministry of Finance, there are over 1600 such projects comprising of 4.58 lakh housing units across the country. The “Special Window” will prioritize debt financing in the ..

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SBI launches 'SBI Realty' portal for home buyers

Published: July 18, 2017

India’s largest commercial bank State Bank of India (SBI) launched SBI Realty, a dedicated portal that will help home buyers to choose flats from its 3,000 approved projects across the country. SBI Realty will be a one stop integrated website for home buyers. It will help customers to choose their dream home from 3,000 SBI ..

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Union Government notifies rules for Real Estate Act for five UTs

Published: November 1, 2016

The Union Ministry of Housing has notified the Real Estate (Regulation and Development) (General) Rules, 2016, to be applicable to the five Union Territories. These five Union Territories are Andaman & Nicobar Islands, Dadra & Nagar Haveli, Daman & Diu, Lakshadweep and Chandigarh. Key Facts These Rules have been notified as stipulated in the Real ..

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Union Cabinet approves MoU between India and Kenya in the field of National Housing Policy Development and Management

Published: September 13, 2016

The Union Cabinet has given its approval for the Memorandum of Understanding (MoU) between India and Kenya on cooperation in the field of National Housing Policy Development and Management (NHPDM). The MoU was signed between both countries in July 2016 at Nairobi during the visit of the Prime Minister Narendra Modi to 5 African nations. ..

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