The New York Times has acquired a document that outlines Biden’s plans to make it “far easier to immigrate to the United States.” The Biden plan for legal immigration will undo Trump-era restrictions, address backlogs and delays, and make it easier for immigrant entrepreneurs who want to start business and create U.S. jobs.

NEW DELHI: More than six years after it was first mooted by the Centre, the Union cabinet on Wednesday approved the Model Tenancy Act which aims to protect the interests of both tenants and landlords.
The government expects this model law, which states can adopt and enact, will open up a large number of residential and commercial properties for rental purposes as the legal framework will eliminate the fear of owners losing their properties.
While announcing that states have the option to adopt the policy, housing and urban affairs minister Hardeep Singh Puri said he expects BJP-ruled states to roll it out and that other states would also do so as it benefits the common man. He said the policy, once notified by the states, will cover urban and rural areas. The model law lays out the norms for establishing separate rent authorities, courts and tribunals in every district to protect the interests of owners and tenants.

Developers say projects on bare land would remain the only viable option as major hike in jantri will lead to huge input costs for redevelopment, making it costly and unfeasible

The experts have claimed that rationalizing existing building regulations can reduce housing cost by 34% and increase supply by as much as 75% without significantly lowering quality or compromising safety.

Prospective home buyers may soon find themselves dealing with large consultancy firms in tier-1 cities. (Bloomberg)

State to offer houses with affordable rentals; tenders issued in A’bad, G’nagar; already underway in Surat

The Gujarat government is considering revising the jantri or the annual statement of rates (ASR) after completion of the local body elections. The state government, which has been delaying revision of jantri rates for a long time, has decided to initiate the process after intervention of the Supreme Court.

The decline pushed home and apartment construction down to a seasonally adjusted rate of 1.58 million units last month, compared with 1.68 million in December, the Commerce Department reported Thursday.

The 19 million square foot, 4,000 unit Masaar project will be delivered in phases from 2023 and completed by 2028, Arada Chief Executive Ahmed al-Khoshaibi told Reuters.

Key sources in the state urban development department said that RERA and the Adhia committee had recommended key changes in the current town planning regime.

The Australian Financial Review reported on Tuesday that China State Construction Engineering Corp planned to pay A$300 million ($231 million) for WBHO's 88% stake in Probuild.

The state government earned a revenue of Rs 303 crore more in the period between October and December as compared to the same period in 2019.

The turnaround from the COVID-19-led crunch has provided a much-needed windfall to consumer wealth and confidence, with the country's housing stock already valued at A$7.2 trillion ($5.55 trillion) by September.

While Mumbai is the most expensive market, with affordability ratio of (61%), other cities like Ahmedabad, Chennai and Pune are relatively more affordable.

The coronavirus pandemic has increased pressure on Dubai's property market, which for years has seen supply outstrip demand for new houses and apartments. But the Dubai data showed property prices were stabilising after a 3.5% decline in the first quarter from a year earlier.

Congratulations! Shri Kamlesh Gondaliya for a wonderful achievement.