Seeking "out of the box" ideas from the real estate sector for affordable housing, the Government on Wednesday said it will consider recommendations for investing insurance and pension funds in the sector.
Lok Sabha Speaker Sumitra Mahajan on Saturday asked builders to not shy away from their lawful responsibilities and said they were "lucky" to have a Prime Minister who believes that the underprivileged must get housing within their budget and not as a freebie.
A former secretary of an educational trust was shot dead, following which an FIR has been lodged against seven persons including real estate baron Anil Kumar Sharma in Bihar`s Lakhisarai district, police said on Monday.
A real estate developer has been arrested for his alleged involvement in Monday`s firing at a disputed property here close to the police commissioner`s residence, taking the total number of arrests to 14.
Expressing hope that Parliament will pass the Real Estate Bill in its Monsoon Session, HUPA minister Girija Vyas said that the legislation aims to protect consumer interest but was not against the industry.