Builders of Maple Tree Colony booked for breach of trust, Real Estate News, ET RealEstate

BHOPAL: Acting on complaint filed by the vice-president of a residential welfare society, Gandhi Nagar police registered a case on charges of breach of trust against the two partners of a builder firm which developed a posh covered campus colony in the area. The partners allegedly signed an agreement and took maintenance amount from the […]

Madhya Pradesh to get tenancy act to regulate home rentals, Real Estate News, ET RealEstate

BHOPAL: In a bid to regularise home renting, the Madhya Pradesh government is bringing about a Model Tenancy Act (MTA). Like other urbanised states, MP will also have rent tribunals and courts where landlords and tenants can settle disputes, and advance payment will have a fixed formula. The government has sought suggestions from stakeholders on […]

Prime Minister, Real Estate News, ET RealEstate

Prime Minister Narendra Modi. (Reuters Photo) BHOPAL: Prime Minister Narendra Modi on Saturday said the average time of building a house under the Pradhan Mantri Awas Yojana (PMAY-Gramin) came down to 45 to 60 days during the pandemic from 125 days as migrants, who returned home during the lockdown, also contributed towards it. He said […]

Madhya Pradesh transfers Rs 102 crore to 68,000 PMAY beneficiaries, Real Estate News, ET RealEstate

BHOPAL: Madhya Pradesh Chief Minister Shivraj Singh Chouhan on Tuesday said that Rs 102 crore were being transferred to 68,000 beneficiaries under the Prime Minister Awas Yojna (PMAY). In a virtual meeting with beneficiaries, the CM observed that the lives of the poor in the state was improving. “We are transferring Rs 102 crore in […]

Allotment of Rachna Towar flats on Aug 21 through lottery, Real Estate News, ET RealEstate

BHOPAL: The lottery process for the allocation of flats in Rachna Towar housing scheme for former and present MLAs and MPs will go online on August 21. A meeting of the housing committee of Vidhan Sabha convened here by protem speaker Rameshwar Sharma decided that possession will be given to the members by August 31. […]

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