Delhi Development Authority's affordable housing schemes gain massive traction, with over 1,200 flats sold in just 48 hours.
Delhi Development AuthorityAffordable HousingReal EstateSasta Ghar SchemeMadhyam Vargiya SchemeReal Estate MaharashtraSep 11, 2024
The Sasta Ghar scheme is an affordable housing scheme launched by the Delhi Development Authority (DDA) to provide affordable housing to the economically weaker sections.
The Madhyam Vargiya scheme is a housing scheme launched by the DDA to provide affordable housing to the middle-income group.
Over 1,200 flats have been sold under the DDA's housing schemes within the first two days of booking.
The DDA has issued over 1,170 demand letters online within 24 hours of booking, demonstrating its commitment to transparency and efficiency.
The government has launched several initiatives to boost affordable housing, including the DDA's housing schemes, which have been yielding positive results.
The upcoming budget is expected to boost sentiment in the housing sector by introducing measures that benefit homebuyers and real estate developers, improving infrastructure funding in cities like Thane.
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Internal documents from the General Services Administration (GSA) reveal a potential large-scale closure of federal offices, following DOGE's directives. The move could affect dozens of locations and hundreds of federal employees.
The Maharashtra government is incentivizing real estate developers to adopt precast construction methods to mitigate air pollution in Mumbai, offering various benefits for off-site manufacturing.