Tag: Housing Ministry

Single Window Clearance, Housing Ministry to present in the Cabinet

Single window clearance is likely to be implemented soon. The housing ministry plans to present the single window clearance in the cabinet. New Delhi: Housing ministry has been seeking options to bring down the property prices. However once the Economic Survey 2013 reported that slow paced clearance is a reason that shoots the property prices […]

Housing Ministry to Present Real Estate Regulator Bill

Real estate regulator bill is likely to become a reality soon. The housing ministry has planned to present the real estate regulator bill in the cabinet for its approval. Home buyers as a whole were expecting the implementation of real estate regulator in the budget 2013. However as against their hope, the bill was not […]

Home owner may add extra floors

The ministry of housing is considering a proposal that may allow home owners to add extra floor beyond prevailing norms on their existing properties by paying a fee to the local body. The money will be used for providing affordable housing to the economically weaker section. The proposal is based on the recommendations of the […]

Housing ministry’s offer for small home buyers

The housing ministry has offered a veritable bonanza for first-time house buyers in the low and middle income groups, suggesting tax breaks, cap on prices and freeze on interest rates. It has also suggested a one-time debt-restructuring for realtors. Keeping the middle class vote bank in view, the government wants to benefit the urban lower […]

Golden Gate Bets On Low-Cost Housing

Citigroup-backed Golden Gate Properties plans to invest close to Rs 2,000 crore over two years in affordable housing projects, a senior official said. The projects will be funded primarily through customer sales, apart from banks loans to the tune of Rs 500 and equity, Golden Gate managing director K Pratap said. The Bangalore-based developer on […]