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Reproduction of stories articles, pictures, movies or any other content in complete or partially in any kind or medium with out express writtern permission of moneycontrol.com is prohibited. Presenting the finances, Finance Minister Nirmala Sitharam added that the federal government intends to create an Urban Infrastructure Development Fund on the traces of the Rural Infrastructure Development Fund that shall be managed by the National Housing Bank. The government proposed to spend Rs 10,000 crore per yr on urban infrastructure development funds. Additionally, within the budget for 2023, the allocation for smart cities and urban renewal project Amrut Scheme was at Rs 16,000 crore against Rs 14,a hundred crore in FY23 BE.

  • Network with different professionals, attend a seminar, and sustain with business tendencies through events hosted by NAR.
  • Amanda Kimani, a younger entrepreneur at the age of 25, has made a major influence in the highly… read more…
  • From cutting-edge design preferences to strategic location selections, understanding present and upcoming developments can make all of the…
  • Meanwhile, this comes in opposition to the backdrop of report high mortgage rates, which have been hovering round 8% in the past few weeks.

However, let’s begin with the subject of ecology and “green real estate”, which might be a defining factor for every thing that will happen within the industry in the… At the start of February, RERA, the real estate market regulator in Dubai, started actively combating the proliferation of fake property listings, which have lengthy been a problem for the market. Threatening online platforms with legal consequences and demanding the removal of such listings, the regulator managed to drastically cut back their quantity… Manglam Group is anticipated to register sales of Rs 200 crore by 2024 from this project.

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The iBuyer has launched two new tiers in its agent partnership program, which give up to 4% in referral fees and entry to extra sell-side deals. Insights, advice and essential news to assist agents hold moving forward. The demise of 69-year-old K P Sivaraman, who died by suicide contained in the EPFO workplace at Kochi, has raised questions concerning the EPFO’s dealing with of his provident fund fee. Despite 9 years of waiting and multiple Real Estate News refusals, the EPFO cleared the pending dues without any further paperwork, only after Sivaraman’s demise. In August, Mumbai witnessed the registration of 10,990 properties, leading to a revenue assortment of over Rs 810 crore, while in the identical month final year, eight,552 properties were registered that introduced in a income of Rs 643 crore. According to officials, right here has been a surge in registration numbers and revenue collection.

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