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rera-centre-to-hold-workshop-with-homebuyers-builders-banks-on-nov-15
economy
RERA: Centre to hold workshop with homebuyers, builders, banks on Nov 15

For effective implementation of the Real Estate Act, the Housing and Urban Affairs Ministry will hold a day-long workshop for home-buyers, bank representatives, builders and other stakeholders from northern states on November 15, an official said. According to the official, the participants from the northern states, including Uttarakhand, Uttar Pradesh, Haryana, Himachal Pradesh and Punjab,…

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rbi-cancels-registration-of-31-nbfcs
economy
RBI cancels registration of 31 NBFCs

File photo MUMBAI: The Reserve Bank Friday cancelled the certificate of registrations of as many as 31 non-banking finance companies (NBFCs) for unspecified reasons. It also cancelled the certificate of registrations of 17 NBFCs following a request by them for the same. The action comes amid difficulties faced by the NBFCs sector. A majority 27…

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relaxed-fsi-will-give-more-room-to-tamil-nadu-housing-board-settlements
economy
Relaxed FSI will give more room to Tamil Nadu housing board settlements

File photoCHENNAI: The relaxed floor space index norms (FSI is the development potential of a property prescribed by the regulatory agency and is the ratio of land area to built-up area) could usher in the concept of cluster redevelopment in residential colonies and apartment complexes promoted by the Tamil Nadu Housing Board in Chennai in…

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dtcp-cancels-licences-of-31-ongoing-real-estate-projects-across-haryana
economy
DTCP cancels licences of 31 ongoing real estate projects across Haryana

GURUGRAM: The department of town and country planning (DTCP) has cancelled licences of 31 ongoing real estate projects across Haryana for violation of norms. The order from the department further stated that directors of these real estate companies could be debarred from getting project licences in the future.The maximum number of cancelled projects are in…

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uttar-pradesh-to-construct-one-lakh-houses-under-pmay
economy
Uttar Pradesh to construct one lakh houses under PMAY

AGRA: Ahead of the 2019 Lok Sabha election, Uttar Pradesh state government has determined targets for 28 development authorities and Awas Vikas Parishad (AVP) for construction of one lakh low income group (LIG) category houses in next six months. Under the Pradhan Mantri Awas Yojna – Housing For All (Urban) scheme, Agra development authority has…

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