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Scheme for NPS subscriber housing loans for affordable rates

 

To provide housing finance options to the subscribers of the National Pension System (NPS), the pension fund regulator has formed a panel to look into the proposal. The panel, which is headed by former MD and CEO of HDFC Life Deepak M Satwalekar, is expected to give its report within six weeks.

Various government departments have issued challans to the tune of Rs 7 crore for waste burning and dust pollution at construction sites. The Delhi government’s environment department held a meeting with the Delhi Development Authority, the Public Works Department, the transport department, and the municipal corporations, where action-taken reports were submitted. The fines have been imposed on the orders of the National Green Tribunal.

The members of the Association of Builders for Chennai Development sat on a hunger strike in Chennai seeking speedy regularization of unauthorised plots in the Chennai Metropolitan Area till 2006.

The central government has approved the construction of close to 2 lakh affordable houses under Pradhan Mantri Awas Yojana (Urban) launched in June last year. Stating this Union minister of housing & urban poverty alleviation M Venkaiah Naidu said Tamil Nadu, Gujarat, Madhya Pradesh, Bihar, Jharkhand, Chhattisgarh, Uttarakhand, Himachal Pradesh and West Bengal emerged as the ‘good performing’ states under the scheme.

Donald Trump's has more familiar to real estate sector and he is the partnered with Indian Developer to start more business ventures in in any other foreign nation. Trump organisation deals with a billionaire politicians. Trump declared that India is the "great country". Those business interests - and the financial relationship with a leading member of the governing party - will be a significant backdrop to Trump administration policy toward the world's most populous democracy - and toward its warily hostile neighbor, Pakistan. At least 111 Trump companies have done business in 18 countries and territories across South America, Asia and the Middle East, the analysis showed, ranging from luxury real estate complexes to small holding companies and branding deals. Some of the properties had multiple entities created for a single deal, records showed.

A consortium of watchdog groups has raised concerns about potential conflicts of interest and called for the president-elect to set up a proper blind trust for his vast empire, instead of turning over the day-to-day management to his three grown children, as he has suggested he will do. "The new rules which were supposed to be the cure-all pill meant to resolve faced by home buyers were left ineffective due to the changes made by the state government. They have diluted the effectiveness of the Real Estate Regulatory Act which is the original source of the state rules." he added.

 

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