Housing Current Affairs, GK & News

Infra Status to Affordable Rental Housing Complexes (ARHCs)

The department of economic affairs under the ministry of finance issued a notification to include “Affordable Rental Housing Complex”  in the Harmonized Master List of Infrastructure Sub-sectors by insertion of a new item in the category of “Social and Commercial Infrastructure” “Affordable Rental Housing Complex” is defined as a project to be used for rental ..

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Rs 20,000 lakh crore of Atma Nirbhar Bharat Abhiyan: Second Tranche Announced

On May 14, 2020, the Finance Minister Nirmala Sitaraman announced the second tranche of the Rs 20,000 lakh crore economic package under Atma Nirbhar Bharat Abhiyan. Highlights The second tranche of the economic package focuses on migrant workers, small traders, street vendors, self-employed. The second part of the scheme is to be implemented in nine ..

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Housing Redevelopment in Mumbai

The onset of the Southwest Monsoons has started to pose significant challenges to the urban planners and administrators all over India. However, in the densely populated city of Mumbai, where land is a premium and housing is scarce, the challenges are even more so. Why? On July 16, 2019- the Kesarbai building collapsed which killed ..

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Regulation of Housing Finance Corporations

The Central Government of India may give the power to regulate the various housing finance corporations (HFCs) in the country to the Reserve Bank of India (RBI). The inclusion of RBI in the regulatory role would mean stringent asset quality reviews for the HFCs. RBI would force the HFCs to face high scrutiny and it ..

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Indian Housing Project in Plantation Areas: India hands over 1st lot of houses built in Sri Lanka

India has handed over 404 houses built for Indian-origin people in Sri Lanka’s tea plantation areas at Dunsinane Estate in Nuwara Eliya city. This is first lot of houses built under Indian Housing Project in Plantation Areas in Sri Lanka. Indian Housing Project in Plantation Areas Under this project close to 47,000 houses so far ..

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