Before buying a home, understanding the debt ratio is crucial. It helps prospective buyers gauge their financial capacity to manage both home loan equated monthly instalments (EMIs) and living expenses. Gaurav Mavi, Co-founder of BOP Group, talks to Navneet Dubey of BT Money Today about the growing real estate market in the Delhi-NCR region and how homebuyers … Read more
West Bengal CM Mamata Banerjee. File | Photo Credit: PTI “A Central team looking into allegations of irregularities in the allotment of houses under Pradhan Mantri Awas Yojana (PMAY) on January 6 visited various villages in West Bengal’s Malda district,” officials said. The team led by Deputy Secretary Shakti Kanti Singh of the Union Rural … Read more
A Trinamool Congress activist rides his bike with the party flags. File image for representation. | Photo Credit: PTI The Trinamool Congress is feeling the heat of allegations of corruption in the selection of the Pradhan Mantri Awas Yojana (PMAY) beneficiaries in West Bengal. On Saturday, more than a dozen functionaries of a panchayat samity in Murshidabad … Read more
Mumbai: Non-bank financing companies have approached the central housing ministry seeking clarity on its stance on continuing fresh disbursals under the PMAY Credit Linked Subsidy Scheme (CLSS) for the poor and the underprivileged. NBFCs are seeking an extension of the plan, due to end this month, for another two years. “We have sought a meeting … Read more
The Centre’s flagship housing programme – Pradhan Mantri Awas Yojana – has created over 1.2 crore employment opportunities, said Grant Thornton Bharat’s ‘Affordable Housing in India‘ report. The report cited that these employment opportunities so far were created through forward and backward linkages across 21 sectors. Besides, the report said that these sectors include 250 … Read more
Ahmedabad: Gujarat Chief Minister Vijay Rupani on Friday assured Prime Minister Narendra Modi that the state government would try to finish building over 1,000 houses under the Light House Projects (LHP) in Rajkot city within the deadline. The prime minister on Friday laid the foundation stone for 1,144 residences coming up in Rajkot under the … Read more
BHUBANESWAR: The opposition BJP on Tuesday lodged complaints against the Odisha government and Chief Minister Naveen Patnaik at various police stations of the state accusing the administration of hijacking the credit of the Pradhan Mantri Awas Yojana (PMAY). The BJP Mahila Morcha members submitted written complaints against the chief minister at the Capital Police Station … Read more