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Month: October 2019

Houses Sanctioned Under PMAY(U) Exceed 90 Lakhs

News Orbiter BureauLeave a Comment on Houses Sanctioned Under PMAY(U) Exceed 90 Lakhs

The 47th CSMC has approved 630 proposals from the participating states for the construction of 1.23 lakh houses with a cumulative investment of Rs 4,988 crore. The Central assistance will be Rs 1,805  crore. Now, the cumulative sanctions of houses under PMAY(U)-mission stand at more than 90 lakh houses against the validated demand of 1.12 […]

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Residential Realty – Ray of Hope!

News Orbiter BureauLeave a Comment on Residential Realty – Ray of Hope!

By Dr Samantak Das Black swan events have been plaguing the Indian economy for quite some time now. The real estate sector was no exception to the policy paralysis that began in 2012 and continued till 2014. It made every sector reeling under its pressure, particularly the residential market. Home sales nosedive in these years […]

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