Gold
Projects worth Rs 78,910 cr grounded under AMRUT scheme
The mission focuses on the development of basic urban infrastructure in the sectors such as water supply, stormwater drainage, sewerage and septage management, non-motorised urban transport and development of green spaces and parks.
Under the green spaces and parks sector, states have taken up 2,538 projects worth Rs 1,577.83 crore, out of which 1,776 projects worth Rs 1,000.96 crore has been completed. This has led to the development of 3,500 acres of permeable green spaces against the proposed development of 5,400 acres of green spaces and parks under AMRUT.
Under the AMRUT scheme, selection work, appraisal, approval and implementation of projects in cities have been delegated to states/UTs and concerned urban local bodies (ULBs). At the central level, only State Annual Action Plans (SAAPs) submitted by the states are considered for approval. The scheme makes states equal partners in planning and implementation of projects.
Image: The AMRUT scheme is an ambitious 500-city “mission” for development of basic infrastructure.
Make in Steel 2021
24 February
4th Indian Cement Review Conference 2021
17-18 March
USA Mortgage Rates Reach 6.95%
In July 2024, the average mortgage rate in the USA rose to 6.95%, marking a significant increase and impacting homebuyers nationwide. This upward trend in mortgage rates is attributed to several economic factors, including inflationary pressures, shifts in the Federal Reserve?s monetary policy, and broader market dynamics. The rise in mortgage rates presents challenges for potential homebuyers, making borrowing more expensive and potentially slowing down the housing market. Higher rates can lead to increased monthly payments for homeowners, reducing affordability and potentially deterring new ..
Toronto Home Sales Increase 4.2%
In June 2024, home sales in Toronto experienced a notable rise, increasing by 4.2% compared to the previous month. This growth highlights a positive trend in the Toronto real estate market, indicating robust buyer activity and a favorable environment for sellers. Several factors contribute to this uptick, including attractive mortgage rates, strong demand for housing, and a stable economic backdrop. The Toronto Regional Real Estate Board (TRREB) reported this increase, pointing to heightened buyer confidence and competitive market conditions. Despite rising interest rates in other parts of Nor..
New Zealand Boosts Home Construction
New Zealand is set to implement regulatory changes aimed at boosting home construction to address the nation's housing shortage. The government plans to streamline building consent processes, reduce construction costs, and increase the supply of affordable housing. This initiative is part of a broader strategy to make housing more accessible and alleviate the pressure on the housing market. Key elements of the regulatory overhaul include simplifying the approval process for new housing projects and reducing bureaucratic hurdles that often delay construction. By cutting red tape, the government..
Opinion Poll
Question : Which technological advancement do you believe will most transform the real estate industry in the coming years?
Latest updates
