Mumbaikars are always more comfortable getting their home search or purchase off to an auspicious start and the real estate markets are already in a positive mood on the eve of Ganeshotsav this year with good reason. During the past few months, policy announcements at periodic intervals, which are expected to have a positive impact on the realty sector and also benefit home buyers, have given association heads as well as analysts reason to rejoice on a regular basis.
Most recently, the National Real Estate Development Council (NAREDCO) has welcomed the Union Cabinet's approval of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 scheme. With an investment of ₹10 lakh crore and a substantial government subsidy of ₹2.30 lakh crore, the PMAY-U 2.0 Scheme aims to facilitate the construction of one crore houses for urban poor and middle-class families over the next five years.
The introduction of new components such as Redeemable Housing Vouchers and the Technology Innovation Grant are noteworthy additions to the scheme. These elements will not only make housing more accessible but also promote the adoption of innovative and sustainable construction technologies.
Bu hikaye The Free Press Journal dergisinin September 01, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Free Press Journal dergisinin September 01, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Protesters Interrupt Supriya Sule's Speech
Nationalist Congress Party (Sharadchandra Pawar) working president and Baramati MP Supriya Sule was interrupted by protesters chanting 'Jai Shree Ram' during her speech in Pune on Saturday.
'Gambhir is relaxed coach'
Rahul bhai's style of functioning was regimented, says Ashwin
My biggest goal is to get Sindhu back on the podium
PV Sindhu still has the hunger to succeed, and the primary aim is to help her regain consistency, says her new coach Anup Sridhar, who has been roped in by the two-time Olympic medallist on a trial basis following the Paris Games.
‘My approach was individual’
Gukesh expresses satisfaction with his Budapest show
Jeevan, Vijay win Hangzhou Open
Yuki-Olivetti finish 2nd at Chengdu
Arteta responds to 'dark arts' taunts by City
Arsenal manager Mikel Arteta bristled at suggestions his team used \"dark arts\" in the feisty English Premier League match at Manchester City, saying he preferred to look at \"facts\" rather than opinions.
BCCI likely to be release Jurel, Sarfaraz, Dayal from squad
The trio set to play in Mumbai v ROI Irani Cup match
Guptill feels playing spin is big challenge
The biggest challenge for the New Zealand batters on their upcoming Test tour of India will be picking the turning ball and more so the odd one that skids through, reckons former Black Caps opener Martin Guptill.
Prime focus was to enhance athletic ability: Muzumdar
Harmanpreet happy with Women's T20 World Cup preparations
Pant has been big influence in series wins: Cummins
Says we have to keep him quiet during the Tests in Oz