The LHPs are being constructed at Indore (Madhya Pradesh), Rajkot (Gujarat), Chennai (Tamil Nadu), Ranchi (Jharkhand), Agartala (Tripura) and Lucknow (Uttar Pradesh).
The average property prices went up by a percent across cities like Chennai, Hyderabad, Kolkata and Ahmedabad, and maintained status quo in Delhi NCR, Mumbai, Bangalore and Pune.
The DDA Housing Scheme 2021 was introduced on January 2, 2021. Nearly 33,000 applications were submitted till the due date of the scheme which was February 16.
The development will see four towers with a total of 233 residential units and one tower of 79 commercial units
Sitharaman further said that the Central government is committed to promoting affordable rental housing for migrant workers.
Apart from the sector suffering a sharp dip in sales due to COVID-19, there was also exodus of migrant labourers from cities which impacted execution of projects.
The Company and the Promoter Selling Shareholders may, in consultation with the book running lead managers (the “BRLMs”), consider participation by Anchor Investors which shall be one Working Day prior to the Bid/Offer Opening Date, i.e. Wednesday, January 20, 2021.
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