#RealtyNewsRoundup: ‘Over Rs 8,300-Cr Subsidy Disbursed To 3.77 Lakh Home Buyers Under PMAY’

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Subsidy of over Rs 8,300 crore has been disbursed to more than 3.7 lakh homebuyers so far under the government's credit-linked subsidy scheme (CLSS), Housing Minister Hardeep Singh Puri has informed the Lok Sabha. Since the CLSS was launched under the Pradhan Mantri Awas Yojana (Urban), Rs 8,378.15 crore has been disbursed to 377,022 homebuyers, says the minister.

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The Delhi Development Authority has launched a single-window portal for its land pooling on February 5. The portal provides all the information with regard to general guidelines, charges involved and the details pertaining to the zones.

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Bihar Urban Development Minister Suresh Sharma has said Prime Minister Narendra Modi may lay the foundation stone of the Patna Metro rail project on March 3, when he arrives in the city to address a public rally.  The detailed project report of the Metro rail was cleared by the Bihar Cabinet in October last year.

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Piramal Enterprises and Ivanhoé Cambridge, a Canadian real estate company, have together infused Rs 500 crore in Lodha Group’s township project near Mumbai, Palava City.  The upcoming integrated smart city, a mixed-use residential community, is spread across 4,500 acre.

Source: Media reports

Tags: Video, Piramal Enterprises, propguide, PMAY, Palava City


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