Reproduction of reports articles, photos, videos or some other content material in whole or partly in any type or medium with out categorical writtern permission of moneycontrol.com is prohibited. Presenting the finances, Finance Minister Nirmala Sitharam added that the federal government intends to create an Urban Infrastructure Development Fund on the lines of the Rural Infrastructure Development Fund that might Real Estate News be managed by the National Housing Bank. The government proposed to spend Rs 10,000 crore per 12 months on city infrastructure growth funds. Additionally, within the price range for 2023, the allocation for smart cities and urban renewal project Amrut Scheme was at Rs sixteen,000 crore against Rs 14,100 crore in FY23 BE.
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The iBuyer has launched two new tiers in its agent partnership program, which give as a lot as 4% in referral charges and access to more sell-side deals. Insights, advice and important news to help agents hold transferring ahead. The death of 69-year-old K P Sivaraman, who died by suicide inside the EPFO workplace at Kochi, has raised questions in regards to the EPFO’s dealing with of his provident fund cost. Despite 9 years of ready and a quantity of refusals, the EPFO cleared the pending dues without any extra documents, solely after Sivaraman’s death. In August, Mumbai witnessed the registration of 10,990 properties, resulting in a income assortment of over Rs 810 crore, while in the identical month last 12 months, eight,552 properties were registered that brought in a revenue of Rs 643 crore. According to officers, right here has been a surge in registration numbers and revenue collection.