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Jawaharlal Nehru National Urban Renewal Mission

JNNURM and Rajiv Awas Yojana to be merged

JNNURM and Rajiv Awas Yojana to be merged
With the target of providing of providing houses for all by 2022, a new integrated National Housing Mission will be launched soon by merging some of UPA flagship schemes like JNNURM and Rajiv Awas Yojana. Noting that the gigantic task of ensuring housing for all needs large scale participation of private developers, Urban Development and [...] Continue Reading »

JNNURM Project’s output upsets Naidu

JNNURM Project’s output upsets Naidu
Today the Minister of Urban Development, Housing and Urban Poverty Alleviation M.Venkaiah Naidu reviewed the status of the construction of houses in Delhi. These houses were constructed under the component of Jawaharlal Nehru National Urban Renewal Mission (JNNURM). Naidu expressed concerns over the shortfall in respect of construction of houses under JNNURM. Ever since the [...] Continue Reading »

Chandigarh may get Monorail not Metro Rail: M.P Kirron Kher

Chandigarh may get Monorail not Metro Rail: M.P Kirron Kher
Chandigarh’s dreams to commute in Metro Rail like Delhi, Kolkata, Mumbai, Bangalore and other cities of India were shattered as the newly elected Member of Parliament (MP) Kirron Kher is against the Metro project for the city. During the Administrator’s Advisory Council (AAC) meeting, which was chaired by Union Territory Administrator Shivraj V Patil Kirron [...] Continue Reading »

Top priority for Naidu- Reducing home loan rates

Top priority for Naidu- Reducing home loan rates
The new urban development and housing minister Venkaiah Naidu and member of the Prime Minister Narendra Modi’s Cabinet, stated that he wants to see the dream of ‘’House for all by 2020’’ come true. He is pushing to bring down the home loan rates and focusing on developing 100 smart cities so that the burden on [...] Continue Reading »

Flyover opening misses 3 deadlines in Kolkata

Flyover opening misses 3 deadlines in Kolkata
For the past six years of its construction, only 67 per cent of the work has been completed of the Vivekananda Road flyover and the Kolkata Metropolitan Development Authority (KMDA) is unsure about when the flyover will be opened to the public. The agency has already missed three deadlines. This, interesting news is coming at a [...] Continue Reading »

Software to deal with encroachments soon

Software to deal with encroachments soon
In the wake of land mafia and other influential people grabbing vast stretches of government land in prime locations in the city, the state government has finally woken up to assess the exact volume of land encroached and now want to take steps to free the properties. In a recent meeting of city management group [...] Continue Reading »

Dumping Metro plan in Ludhiana, Govt doles out Rs 1,250 Crores for BRTS ahead of LS polls

Dumping Metro plan in Ludhiana, Govt doles out Rs 1,250 Crores for BRTS ahead of LS polls
Punjab Government, after spending crores on preparing Detailed Project report of the proposed Ludhiana Metro project (since 2011), estimated to cost a whopping Rs 10,330 crore, has on Wednesday dumped the project and doled out much ‘cheaper and economical’ Bus Rapid Transit System (BRTS) for Ludhiana which will cost Rs 1,250 crore only. The Government [...] Continue Reading »

Real estate in smaller cities to get a boost

Real estate in smaller cities to get a boost
Over the years, real estate has grown vastly in the prime cities of India such as Mumbai, Delhi-NCR, Chennai, Bangalore and Kolkata. The leading cities witnessed rapid growth with the wide-spreading industrialisation attracting massive population. After the tier-1 cities, now it’s time for the tier-2 and tier-3 cities to see significant pressures on their infrastructure [...] Continue Reading »

BDA’s financial crunch hits infra project in city

BDA’s financial crunch hits infra project in city
Bangalore Development Authority has dropped plans to take up “golden quadrilateral” project under PPP model due to financial crunch. BDA has decided to put on halt the much waited 25 kilometres elevated road corridor project. The project was to be taken under Public-Private Partnership (PPP) model. According to sources, the corridor would link Hebbal-BRV ground-Hennur-Central [...] Continue Reading »

Prices of residential properties in cities on rise

Prices of residential properties in cities on rise
The prices of residential properties in prime cities of India in the Jan-March 2013 quarter have witnessed an upward trend, shows National Housing Bank (NHB) residential index (Residex). NHB Residex records the movement in prices of residential properties on a quarterly basis. NHB Residex presently covers property price data of 20 cities on a quarterly [...] Continue Reading »



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