More inadequate housing being commissioned
It was already established that 1 lakh is not enough to build an entire home. Not only did they not increase the amount, they even commissioned more homes at the same prices. Considering how anywhere between 10-20% of it is lost to corruption at various levels, this is just making more of the same mistakes again and again expecting things to change. Anyone who has been keeping track of construction and real estate will know material and labour costs have inflated annually between 10-30% for the last 2 years. So this money will actually be able to do even less than what was possible before. Result will be very low quality housing that will need fixing again soon enough. Source: https://www.business-standard.com/india-news/cabinet-approves-20-million-new-rural-houses-at-existing-assistance-levels-124080901864_1.html
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by Sherlock007
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1cr Prestige houses denied water by Government
Am not against people buying flats but these kind of moves by government forcing me to think against planning to buy 1cr flats ... Water 💦 is scarce, in long term none of tier 1 cities will be livable? PS - El Nino and Global Warning smiling in corner
Karnataka transport department officials told Moneycontrol that they seized eight water tankers in Bengaluru on Saturday
https://www.moneycontrol.com/news/technology/bengaluru-gated-communities-face-water-crisis-after-govt-takes-over-private-water-tankers-12399481.html