Real Estate
SWAMIH Fund- Recent development
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 ..
Month: Current Affairs - February, 2021
MoSPI report on Cost Overruns of Infrastructure Projects
The Ministry of Statistics and Programme Implementation (MoSPI) recently released its report on Cost Overruns of the Infrastructure Projects. The ministry monitored the infrastructure projects worth Rs 150 crore. Key Findings of report As per the report, around 450 infrastructure ..
Month: Current Affairs - January, 2021
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 ..
Month: Current Affairs - September, 2020
Housing Sales Hit in the First Half of 2020, NCR Affected the Most
Due to the Coronavirus pandemic hitting the country hard in 2020, housing sales across the major cities of India have been affected a lot with a decline of 54 per cent to 59538 units during the First Half of 2020. ..
Month: Current Affairs - July, 2020
GDP at 4.5% in Second Quarter(July-September), Lowest in 25 Quarters
The Gross Domestic Product(GDP) of India has now been declining for five straight quarters in a row, falling by 0.5 percent from the first quarter of 2019-20 to 4.5 percent in the second quarter, registering the slowest and lowest growth ..
Reforming Restrictive Tenancy Laws
It is widely accepted that transforming agriculture in the medium to long-run requires fundamental reforms in land institutions as well. But the terms of reference of the High Powered Committee of Chief Ministers for Transformation of Indian Agriculture not include ..
Public Premises (Eviction of Unauthorised Occupants) Amendment Bill, 2019
To remove illegal squatters and occupants from government properties and the land, the Indian Government has decided to bring the Public Premises (Eviction of Unauthorised Occupants), Amendment Bill, 2019 to provide more power to the evicting officials. ?What happens? The ..
Canada Budget : 2019
This year budget also focuses on the growth of the middle class people as the Canadian government has been doing since 2015. This budget focuses on affordable home, good job, retirement financial security, affordable prescription drugs. It has given importnce ..