Friday 23 September 2011

Ambedkar Awas Yojana


Ambedkar Awas Yojana
The Government of India had released funds for construction of a total of 4, 60,244 houses and 65,682 toilets under Valmiki Ambedkar Awas Yojana (VAMBAY) throughout the country.

The scheme has been subsumed in the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) which was launched on 3.12.2005.

No fund has been released to the Government of Jharkhand under the scheme during the last three years. 

The new land policy/Sept.2011


According to sources it is said that the new land policy  announced  by Union Cabinet of India could lead to a big gap between demand and supply. 
The first result of this policy  may bring the the disparity in Paying compensation  that would be four times the highest amount of registered sale in the area in last three years is only going to raise the cost of setting up the industrial establishments, infrastructural projects and townships, believe real estate firms.


If the  said bill is passed in its form as it is proposed, it will definitely hurt the realty sector and urban development, apart from ending the dreams of affordable housing for the middle class Areas.
Indeed, this new bill, meant to substitute the 117-year-old Land Acquisition Bill of 1894, which has been introduced in Parliament, will mean private companies will have to give relief and rehabilitation packages to displaced people even if they directly buy land from landowners, for all negotiations over 50 acres in urban areas and 100 acres in rural sectors.

.property prices in gurgaon /Sept.2011

In a recent transaction in Gurgaon, a luxury apartment was negotiated at a price of Rs 1,88,00,000. The 1,975 sqft apartment is part of a group housing project and is under construction. 


This 3-BHK unit comes along a servant quarter and is situated in one of the high-rise towers. Located in DLF City, Phase V, this group housing project is built on 30 acres of land in size. 


It has an open layout with buildings being presented in such a manner so that most of the apartments enjoy the views of structured landscaping. 


The apartment facilitates in itself amenities like 100% power backup, 24/7 security and door phone facility, a well-equipped club, tennis court and a swimming pool as well. 


The developer also provides laminated wooden floors in all the bedrooms and vitrified tiles in living and dining area.