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Centre Approves 7 New ESI Hospitals In AP, To Complete Vizianagaram Facility By 2023

Centre Approves 7 New ESI Hospitals In AP, To Complete Vizianagaram Facility By 2023 Feb 04, 2021, 11:34 IST Union Labour Minister Santosh Kumar Gangwar told the Rajya Sabha that the Central Government has given in-principle approval for seven new Employees’ State Insurance (ESI) hospitals to be set up in Guntur, Vizianagaram, Kakinada, Penugonda, Visakhapatnam, SriCity Nellore, and Achyuthapuram. In reply to a question raised by YSRCP MP V Vijayasai Reddy in the Rajya Sabha on Wednesday he said that an 100-bedded ESI hospital at an estimated cost of Rs 73.68 crore. The Minister said that the hospital will be equipped with primary and secondary care medical facilities with specialised care including out-patient, in-patient, emergency services, operation theatre, labour room and diagnostic services. The Union Minister said the project would be completed by March 2023.

A leg-up for affordable homes - The Hindu BusinessLine

A leg-up for affordable homes Bavadharini KS BL Research Bureau | Updated on February 01, 2021 With improved demand conditions, the Budget has made provisions that encourage buyers The Covid-19 relief measures announced by RBI and the Centre have helped individuals, especially home-buyers. It presented them with an opportunity to purchase a house property given the multi-year-low home loan interest rates and stable housing prices. The work-from-home norm adopted by many companies further helped improve the residential demand for house properties both in urban and semi-urban regions. Taking cues from improving demand conditions, the Budget this year has continued to encourage buyers in the affordable housing category.

Union Budget 2021: Realty sector wants finance minister to accord long-awaited industry status

Union Budget 2021: Realty sector wants finance minister to accord long-awaited industry status The last few years have witnessed a major downfall in the real estate sector owing to demonisation, GST, RERA, NBFC crisis, says Sanjay Daga, COO, Runwal FP Staff January 31, 2021 19:39:28 IST Expectations rise for real estate sector ahead of budget. The real estate sector is confronting crippling liquidity for a long time. A relaxation in norms for raising capital, tax incentives for home buyers, reduction in housing finance cost through preferred interest rates, continuing subsidies under Pradhan Mantri Awas Yojana (PMAY), and paving the road for the quick availability of Alternate Investment Funds (AIF) are some of the relief measures the sector expects. These initiatives will put more money in buyers’ and developers hands, stoking the revival in the sec

Centre likely to give final push to urban housing scheme - The Hindu BusinessLine

Centre likely to give final push to urban housing scheme January 22, 2021 × The Centre is likely to give a final push to its ambitious Pradhan Mantri Awas Yojana (Urban) programme in the Budget as the deadline for the scheme is next year. The Mission launched in June 2015 intends to provide housing for all in urban areas by 2022. As per the government data, against the demand of 112.2 lakh houses in Indian cities, the government has sanctioned 109.2 lakh houses of which over 70 lakh houses have been grounded (foundation laid) for construction and work is in various stages. Over 41 lakh houses have been completed till this month.

Naredco seeks hike in deduction on home loan interest to Rs 5 lakh in upcoming Budget

Budget session to would conclude on April 8. The Houses will adjourn on February 15 and meet again on March 8. New Delhi: Realtors body Naredco on Thursday urged the government to hike deduction on home loan interest to Rs 5 lakh from Rs 2 lakh limit at present and re-introduce subvention scheme in the upcoming Budget to boost sales of residential properties and create housing revolution. The association also sought incentives for rental housing and more stress funds to help complete distressed and stalled projects. Last three years have been extremely difficult for the real estate industry. The reforms like demonetisation and realty law RERA as well as the liquidity challenges in the NBFCs post-IL&FS crisis hit demand. The industry went through tough times, Naredco National President Niranjan Hiranandani told reporters through a video conference.

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