Real estate in India Current Affairs, GK & News
Finance Minister, Nirmala Sitharaman, unveiled a four-year National Monetisation Pipeline (NMP) scheme on August 23, 2021. About NMP scheme Scheme was launched with a Rs 6 lakh crore unlock value in brownfield projects. It also engages the private sector. They will have the rights but not the ownership in projects. Scheme will be using the ..
The SWAMIH Fund is all set to deliver its first finished apartments in the year 2021. It is a 250-billion-rupee fund set up by Indian government. This fund was created to complete the stalled housing projects. The fund offers a solution of the problem that hindered savings of home buyers and bankrupted developers. Highlights The ..
Category: Economy & Banking Current Affairs - 2022
Confederation of Real Estate Developers’ Associations of India (CREDAI) is the apex body of Private Real Estate Developers Associations. It has launched a mobile application called ‘CREDAI Awaas’, which aims to facilitate ease of purchase of residential properties by homebuyers. Through this application, a credible platform is created for prospective home buyers so that they identify suitable ..
Green Rating for Integrated Habitat Assessment (GRIHA) Council releases a rating tool ‘GRIHA for Existing Day Schools’
In a bid to evaluate the environmental performance of existing schools across India, the Green Rating for Integrated Habitat Assessment (GRIHA) Council has recently released a rating tool ‘GRIHA for Existing Day Schools’. The rating tool will work as an integrated tool to evaluate performance and provide solutions for enhanced energy and water efficiencies, increased ..
India has been ranked 35th in the 2018 Global Real Estate Transparency Index (GRETI), according to a report by real estate advisory firm Jones Lang LaSalle Inc. (JLL). The ranking is expected to improve further in the GRETI 2020 survey, on the back of several government initiatives such as Real Estate (Regulation and Development) Act ..
Topics: Benami Transactions (Prohibition) Act • Culture • Dubai Real Estate Regulatory Agency • JLL • Public sphere • Real Estate (Regulation and Development) Act • Real estate in India • Real property • Rera • Transparency
B Rajendran appointed as Chairman of REAT for Tamil Nadu and Union Territory of Andaman and Nicobar Islands
B Rajendran, the former Madras High Court judge, has been appointed as the Chairman of the Real Estate Appellate Tribunal (REAT) for Tamil Nadu and the Union Territory of Andaman and Nicobar Islands. The monthly salary of the chairperson would be Rs 80,000. As per Section 43 of the Real Estate (Regulation and Development) Act, ..