Housing Current Affairs - 2020

“Medicab”: Portable Hospital Developed by IIT Madras

IIT-Madras supported startup Modulus Housing has developed portable hospital unit. The unit can be dragged anywhere and can be installed within 2 hours. Highlights The portable hospital has been named “MediCAB”. The portable hospital is being launched in Wayanad district of Kerala where the units are being deployed to treat COVID-19 patients. About Medicab The Read More…

Rs 20,000 lakh crore of Atma Nirbhar Bharat Abhiyan: Second Tranche Announced

On May 14, 2020, the Finance Minister Nirmala Sitaraman announced the second tranche of the Rs 20,000 lakh crore economic package under Atma Nirbhar Bharat Abhiyan. Highlights The second tranche of the economic package focuses on migrant workers, small traders, street vendors, self-employed. The second part of the scheme is to be implemented in nine Read More…

Indian Housing Project in Plantation Areas: India hands over 1st lot of houses built in Sri Lanka

India has handed over 404 houses built for Indian-origin people in Sri Lanka’s tea plantation areas at Dunsinane Estate in Nuwara Eliya city. This is first lot of houses built under Indian Housing Project in Plantation Areas in Sri Lanka. Indian Housing Project in Plantation Areas Under this project close to 47,000 houses so far Read More…

Global Real Estate Transparency Index: India ranks 35

India was ranked 35th among 100 countries (countries) in recently released Global Real Estate Transparency Index (GRETI). The index was released by realty consultant JLL. India was ranked 36th in the index during the last bi-annual survey conducted in 2016 and 40th in 2014. Its real estate market is currently placed in the ‘semi-transparent’ zone. Read More…

Pradhan Mantri Awas Yojana (Urban): Government approves construction 1.5 lakh affordable houses

The Union Ministry of Housing & Urban Affairs has approved construction of another 1.5 lakh affordable houses under Pradhan Mantri Awas Yojana (Urban) for benefit of urban poor. Decision in this regard was taken at 34th meeting of Central Sanctioning and Monitoring Committee. It approved investment of Rs 7,227 crore with Central assistance of Rs Read More…