+
PMC allocates 1,030 homes through annual lottery under PMAY
Real Estate

PMC allocates 1,030 homes through annual lottery under PMAY

Pune Municipal Corporation (PMC) allocates 1,030 homes to members of the financially weaker sections of society through an annual lottery under the Pradhan Mantri Awas Yojana (PMAY) scheme.

Pune Municipal Corporation (PMC) building approvals department head Prashant Waghmare told the media that the work on these projects is 50% complete. The ownership of the properties will be given by March 2023. The said apartments will be available in areas such as Kharadi, Hadapsar and Wadgaon. More than 20,000 applications have come in. PMC had held an online lottery for the same in October 2020.

However, some buyers who got apartments in the lottery could not purchase them because of several reasons. It left 1,030 flats unclaimed. As a result, a lottery for these remaining flats was finally called, and the names of beneficiaries were declared this week.

Image Source

Also read: No property tax reduction for merged villages with PMC

Pune Municipal Corporation (PMC) allocates 1,030 homes to members of the financially weaker sections of society through an annual lottery under the Pradhan Mantri Awas Yojana (PMAY) scheme. Pune Municipal Corporation (PMC) building approvals department head Prashant Waghmare told the media that the work on these projects is 50% complete. The ownership of the properties will be given by March 2023. The said apartments will be available in areas such as Kharadi, Hadapsar and Wadgaon. More than 20,000 applications have come in. PMC had held an online lottery for the same in October 2020. However, some buyers who got apartments in the lottery could not purchase them because of several reasons. It left 1,030 flats unclaimed. As a result, a lottery for these remaining flats was finally called, and the names of beneficiaries were declared this week. Image Source Also read: No property tax reduction for merged villages with PMC

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code