#RealtyNewsRoundup: Indira Awaas Yojana To Be Rechristened As Pardhan Mantri Awaas Yojana

Realty News Roundup is PropGuide's selection of top stories from the real estate sector.

Top News With the aim to remove the association of the Gandhi family, the Modi government plans to rename the Indira Awaas Yojana as Pradhan Mantri Awaas Yojana. As per the government officials, the scheme will also be upgraded. Read More

Bihar is likely to seek a financial assistance of Rs 55, 970 crore from the Centre for the construction, development and renovation of the several national highways and mega bridges. Bihar Deputy Chief Minister Tejashwi Yadav is likely to present the memorandum to Union minister of road transport and highways Nitin Gadkari seeking financial support. Read More 

Off the frontpage

The Tripura government will be providing shelter to more than 86,000 homeless families, under various government schemes, by 2017-18. Tripura chief minister Manik Sarkar instructed his administration to ensure housing for all under government-sponsored schemes. Read More 

India Property Advisors, a leading Mumbai-based financial services company led by former head of property fund Indiareit, Ramesh Jogani, has raised about Rs 175 crore. The fund, IPAL Residential Opportunities Fund 1, focusing on the Mumbai market will use the raised money to buy apartments in bulk. Read More