Hey folks, we are here with the latest real estate news roundup (18 May to 24 May 2021). We get you the latest updates from the industry from the best sources in the country, just for you!

Dagdi Chawl to be the Cradle for Two Skyscrapers

Mumbai: Dagdi Chawl in Byculla, which was once a residential facility for hundreds of textile mill workers and also the base of Arun Gawli, the dreaded don's criminal network, has now been chosen to be redeveloped to house two 40 storeyed Skyscrapers. The current tenants of the will get 450 sqft apartments in these high-rise buildings.

CIDCO Housing scheme allotment to start from July 1

Thane: Navi Mumbai's Town Planning Authority would start allowing the 25000 houses at Dronagiri, Kharghar to Ghansoli built under its 2018-19 PMAY housing scheme on July 1st, 2021.

Pucca Houses to Eligible Beneficiaries

Patna: Nitesh Kumar, the Hon Chief Minister of Bihar, has asked the RDD or Rural Development Department to fasten the process of construction and allotment of pucca houses under the Pradhan Mantri Awas Yojana or PMAY-G scheme and to provide it at the earliest to the deserving beneficiaries.

Homes247.in report: More NRI Investments in the Southern States

Amidst the pandemic, it's surprising to see that the NRIs are focusing their investment choices within the real estate of Southern states such as Kerala, Karnataka, and Tamil Nadu. Especially in the metro cities of Bangalore, Chennai, and Kochi, these investments, especially in the residential sphere, will surely make a radical change in the year 2022 to 2023. The NRIs are not just eying these premium tier-one cities, but also the tier 2 cities as well. This is surely a welcome change in these troubling times.