Real Estate News Update

Real Estate News Update

Dear Readers,

Welcome to the latest edition of ETRealty's daily newsletter, RealtyDigest! Through this especially curated newsletter, we aim to provide the latest real estate and allied industries' news, views, market trends, reports, video interviews and much more to help you navigate the world of real estate.

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Industry

Manohar Lal Khattar appointed as new housing and urban affairs minister

The Union Housing and Urban Affairs Ministry is mandated to execute various projects including Modi government's flagship PM Awas Yojna, Swachh Bharat Mission (Urban) and the ambitious Central Vista redevelopment plan.

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Industry

Shivraj Singh Chouhan is rural development minister, panchayati raj goes to Lalan Singh

The panchayati raj ministry, which was created first in 2004, looks after transferring grants to rural local bodies for civic programmes and their functioning.

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Commercial

UK Consulate buys nearly 15,000 sq ft office in Mumbai's Lower Parel

The UK Consulate has acquired the office space spread across a total 12 units on the 19th floor of the tower from Lodha Group’s listed entity Macrotech Developers.

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Residential

Union cabinet approves government assistance for constructing three crore PMAY houses

"It has been decided in the Cabinet meeting today to provide assistance to three crore additional rural and urban households for the construction of houses to meet the housing requirements arising out of the increase in the number of eligible families," officials said.

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RERA

MahaRERA keeps registration of 1,750 lapsed housing projects in abeyance

NThe Maharashtra Real Estate Regulatory Authority (MahaRERA) has put the registration of 1,750 lapsed housing projects on hold across the state and plans to take similar action on 1,137 more projects.

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