Chawla said the company has shortlisted potential investors to sell the stake and the deal is expected to be signed in October.
The incentives for individuals buying a low income house include the credit linked subsidy scheme under the Pradhan Mantri Awas Yojana.
DLF has sold DT Cinemas to PVR for Rs 433 crore of which Rs 333 crore has been received by the company while the rest will come in once certain milestones are achieved.
While principal moratorium can range from 18 to 30 months, interest moratorium usually is between six to nine to months with a few NBFCs extending it to 12 months in some cases.
'Fight for RERA', a grouping of home buyers, met Minister of State for Housing Rao Inderjit Singh to talk about buildercentric rules under the legislation.
Over 65% of the respondents in the report feel transparency will increase in real estate dealings going forward.
Shuttler Sindhu’s Twitter followers tripled between the semifinal and final, which is the fastest ever for any Indian sportsperson on Twitter.
Real estate industry could utilize construction cess for skilling labour force: Labour secretary Shankar Aggarwal
He was addressing the national convention of real estate industry body NAREDCO in New Delhi.
Swimming contests attracted most viewers (30.8 million impressions), followed by archery (24.2 million), as per the data.
These additional incentives, he said, will help the government and real estate developers provide homes to all by 2022.
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