#RealtyNewsRoundup: 85 Cities Submit Proposals For Smart City Mission
Realty News Roundup is the PropGuide's selection of top stories from the real estate sector.
Top News
Of the 98 cities selected for the Smart City Mission, 85 cities have submitted their proposals to the Union Urban Development Ministry within the specified time. Sixty-eight proposals were received by the ministry on the last day of submission. Read more
The Centre for Environmental Sciences of Central University of South Bihar (CUSB) has been awarded the smart city project on climate change. The project sponsored by the Toyota Foundation in collaboration with Kyoto University, Japan, is a part of a mega project known as “Limit to Urbanisation: Application of Integrated Assessment for Smart City Development in India”. It aims to assess the availability of water resources in three cities – Pune, Faridabad and Raipur. Read more
Off the frontpage
Singapore-based Fullerton Financial Holdings will raise Rs 100 crore in its subsidiary, Fullerton India, to expand its home finance business in India. Fullerton India Home Finance had received a license of operations from the National Housing Bank in July 2015. Read more
The authorities of Greater Noida and Yamuna Expressway will offer an amnesty scheme for defaulting developers of their respective areas. As per the officials of Greater Noida, the allottees who opt for this offer, will get a window of reprieve till January 31, 2016 to pay 25 per cent of their outstanding bills. Read more
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