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 ..
Category: Economy & Banking Current Affairs
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 ..
Month: Current Affairs - July, 2017
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 ..
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. ..