Reproduction of news articles, pictures, videos or some other content in entire or in part in any type or medium without categorical writtern permission of moneycontrol.com is prohibited. Presenting the budget, Finance Minister Nirmala Sitharam added that the government intends to create an Urban Infrastructure Development Fund on the traces of the Rural Infrastructure Development Fund that shall be managed by the National Housing Bank. The government proposed to spend Rs 10,000 crore per yr on city infrastructure development funds. Additionally, in the finances for 2023, the allocation for smart cities and concrete renewal project Amrut Scheme was at Rs 16,000 crore towards Rs 14,a hundred crore in FY23 BE.
- U.S. pending house sales shot up in December as falling mortgage charges introduced consumers back into the market.
- New York native Muss has been in the enterprise since 1994, reaching greater than $6.5 billion in gross sales.
- Bengaluru witnessed the sale of 63,980 units in 2023, an annual increase of 29 p.c, while Hyderabad recorded gross sales of sixty one,715 items.
- Among her present listings is 38 Beverly Park, asking value $47.5 million.
- Their current inventory contains the Twenties Spanish Colonial William C. Hay residence by noted architect Charles H. Kyson, listed at $9.ninety five million.
The iBuyer has introduced two new tiers in its agent partnership program, which offer as much as 4% in referral fees and access to extra sell-side offers. Insights, advice and important news to help brokers hold moving ahead. The death of 69-year-old K P Sivaraman, who died by suicide inside the EPFO workplace at Kochi, has raised questions concerning the EPFO’s dealing with of his provident fund payment. Despite 9 years of ready and multiple Real Estate News refusals, the EPFO cleared the pending dues with none further documents, solely after Sivaraman’s dying. In August, Mumbai witnessed the registration of 10,990 properties, leading to a revenue assortment of over Rs 810 crore, whereas in the same month final year, eight,552 properties had been registered that introduced in a income of Rs 643 crore. According to officials, here has been a surge in registration numbers and income assortment.