The survey will continue for about two months. It will include all the eligible families as per the promises made by Prime Minister Narendra Modi to provide 'pucca' houses to all, the minister said.
The fund set up in 2019 is managed by SBICAP Ventures Ltd, a State Bank Group company and it has no precedent or comparable peer fund in India or in the global markets.
The lease includes a clause to escalate rentals by 15%, which will take effect after three years, taking the total rental payout to over Rs 136 crore over the entire tenure of the lease.
The fund set up in 2019 is managed by SBICAP Ventures Ltd, a State Bank Group company and it has no precedent or comparable peer fund in India or in the global markets.
The six-yearly trend of average flat sizes in the seven cities shows an overall 34% rise – from 1,145 sq ft in 2019 to 1,540 sq ft in 2024. In the last one year, there has been a 8% jump, with Hyderabad the only city to see flat sizes decrease in this period.
The six-yearly trend of average flat sizes in the seven cities shows an overall 34% rise – from 1,145 sq ft in 2019 to 1,540 sq ft in 2024. In the last one year, there has been a 8% jump, with Hyderabad the only city to see flat sizes decrease in this period.
The govt has decided to implement the project using the land pooling method, with GCDA designated as the agency to oversee the process.
The allotment will be for a 90-year lease basis. JSHB would conduct the entire allotment process online for the first time. JSHB last alloted its properties in 2019.
When Gmada allocated these plots, they secured an undertaking from the recipients to pay any future enhancement charges as determined by the authority.
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