PMAY- Housing for All by 2022 Scheme
The Government in the President's address in the Joint Session of Parliament in May 2014 had announced that "By the time the nation completes 75 years of its Independence (by 2022), every family will have a pucca house with water connection, toilet facilities, ...
“For every person who invests in a well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth”.- Theodore Roosevelt
Real Estate Scenario in India 2019
HUDA(Hyderabad Urban Development Authority) was created in 1975, vide an act of the state assembly of Andhra Pradesh(Presently Telangana).
Its jurisdiction was expanded in 2008 by merging it with the surrounding villages to form the Hyderabad Metropolitan Development Authority(HMDA).
presently HMDA has a geographical spread of 7,257 Sq.kms covering 7 Districts, 70 Mandals, 1032 Villages including Greater Hyderabad Municipal Corporation.
Before VUDA the town planning trust(TPT) has existed since 1962, to implement development activities in and around Visakhapatnam.
The TPT was upgraded to Visakhapatnam Urban Development Authority it was constituted on 17th June 1978.Jurisdiction extending over Visakhapatnam Municipal Corporation and four municipal towns namely Vizianagaram, Bheemunipatnam, Gajuwaka and Anakapalli including 287 villages in 178-gram panchayats comprising an area of 1721Sq.Km
Visakhapatnam Urban Development Authority(VUDA):
The Council of Ministers in Andhrapradesh approved the Expansion of the preview of the Visakhapatnam ...
Real Estate as a general term describes the built environment, which plays a vital role in every aspect of an economy, society, and environment, the common man who invested his lifelong savings in buying a property. To protect and safeguard the interests of the home buyers and to ensure that they are not exploited by the developers/builders.
As we know,
Visakhapatnam is the largest city and the financial capital of the Indian state of AP. It is the most popular city in the state, with a density of 7,700/ sq mi(3000Km2), with an approximate population of 4.5million. As the said lines justify Visakhapatnam as one of the fastest-growing ...