Tue, Feb 21, 2017 | updated 06:48 AM IST

Vivek Oberoi's Karrm Infrastructure announces five lakh affordable homes

Updated: Sep 16, 2016 17:48 IST

New Delhi [India], Sep 16 (ANI): 'Karma Yogi' Vivek Oberoi's company Karrm Infrastructure Pvt. Ltd. has come up with affordable housing project in Shahapur, Maharashtra under the umbrella program mission 360.

The affordable housing project will provide housing to more than 15,000 families at a cost of Rs. 7,90,000.

Shahapur is the first affordable housing project of Karrm Infrastructure Pvt. Ltd and the company plans to expand rapidly with a target of 5,00,000 apartments within the next three to five years.

Shahapur is the first project under mission 360 program and will be followed the announcement of 7 more affordable housing projects over the next quarter.

"Karrm's affordable housing projects provide enhanced lifestyle solutions for better living standards. The idea is to improve the living conditions of the poor and underprivileged and to provide their families a respectable accommodation and a safer environment," said actor, philanthropist and business tycoon, Vivek Oberoi.

According to Government of India, 1.77 million people in India do not have a place to live. The government of India launched an ambitious plan of providing housing for all by 2020 under the Prime Minister Awas Yojana.

As per government statistics, the number of people living in slums in India has more than doubled in the past two decades and now exceeds the entire population of Britain.

The number of people living in slums is projected to rise to 93 million in 2011 or 7.75 percent of the total population almost double the population of Britain. (ANI)

  • Tags

Mumbai [India], Feb. 20 (ANI): Tata Consultancy Services (TCS) Ltd on Monday appointed V. Ramakrishnan as the Chief Financial Officer (CFO) of the company.

Full Story >>

Mumbai, [India], Feb. 20 (ANI): Reliance Jio Infocomm Ltd and Uber have announced a strategic partnership aimed at bringing the benefits of Jio Digital Life ecosystem to their users.

Full Story >>

New Delhi [India], Feb. 20 (ANI): The most anticipated Goods and Services Tax (GST) bill, which is most likely to be a game-changer in terms of cost cutting will provide leverage to implement cost cutting mechanisms, thus paving way for consumers to avail Gensets at lower costs, said Sanjeev Nimkar, Vice President, Business Head Kirloskar Oil Engines Ltd., at the launch of their new range of High Horsepower (HHP) Gensets.

Full Story >>

New Delhi [India], Feb.20 (ANI): Kissandhan Agri Financial services Pvt. Ltd (Kissandhan), a wholly-owned subsidiary of Sohan Lal Commodity Management Pvt Ltd (SLCM Group), India's leading post harvest agri-management Group, today announced activation of loan facility at Narela Mandi, which is Asia's largest mandi for wheat and rice. The company has also started penetrating the market at Bikaner Mandi in Rajasthan and Latur Mandi in Maharashtra.

Full Story >>

Kolkata (West Bengal) [India], Feb.20 (ANI-Businesswire India): India's much acclaimed inner wear brand; Rupa Frontline has launched its latest ad campaign starring Ranveer Singh. This is the first campaign post its logo launch earlier this year, which reiterates the brand's proposition of comfort in a fun and lively manner.

Full Story >>

New Delhi [India], Feb 20 (ANI): NEC Corporation today announced that NEC Laboratories Europe has developed a new technology, Net2Vec that brings Artificial Intelligence (AI) to communication networks.

Full Story >>

Idea launches 4G services in UP West

Updated: Feb 20, 2017 16:12 IST

New Delhi [India], Feb 20 (ANI): Telecom operator Idea Cellular on Monday announced the launch of world class 4G services in UP West Telecom circle.

Full Story >>

TCS approves buyback of up to 5.6 crore shares

Updated: Feb 20, 2017 15:56 IST

New Delhi [India], Feb 20 (ANI): The Tata Consultancy Services (TCS) board on Monday announced buyback of up to 5.6 crore equity shares of the company for an aggregate amount not exceeding Rs. 16,000 crore.

Full Story >>

New Delhi [India], Feb 20 (ANI): The State Bank of India (SBI) on Monday announced rebranding of its corporate website as 'bank.sbi' from earlier sbi.co.in in respect of generic Top Level Domain (gTLD). gTLD adoption that enables an organization to use its corporate name (.sbi) as their website's top-level identifier.

Full Story >>

New Delhi [India], Feb 20 (ANI): Largest online marketplace Snapdeal on Monday revealed interesting statistics around its zero cost EMI offering, launched in December 2016.

Full Story >>

New Delhi [India], Feb 20 (ANI): Microsoft on Monday announced its strategic partnership with Flipkart to provide consumers in India with the best online shopping service.

Full Story >>

New Delhi [India], Feb 20 (ANI): India-born chief executive of Microsoft Satya Nadella on Monday said that the company is very excited about the potential of augmented reality along with Microsoft's Cortana's AI offering, which has the capability to do human-level speech recognition.

Full Story >>

New Delhi [India], Feb 20 (ANI): India's top mobile balance management service app True Balance on Monday announced that it has raised a sum of Rs. 100 crore in Series B round of funding from Softbank Ventures Korea.

Full Story >>

New Delhi [India], Feb 20 (ANI): Global OTT leader in South-Asian content YuppTV on Monday announced that it has entered an exclusive partnership with ETV Telugu in the United States.

Full Story >>

New Delhi [India], Feb 20 (ANI): Connect Broadband, the telecom arm of the Videocon Group and market leader in broadband in Punjab has collaborated with Indian mobile wallet major 'MobiKwik' to offer and promote cashless digital transactions.

Full Story >>

New Delhi [India], Feb. 19 (ANI): CAclubindia's Goods and Services Tax (GST) app became the number one app on GST on Google Play Store, with a successful 85,000 plus downloads within a month's time, scoring an average of 4.4 rating by over 700 users.

Full Story >>

New Delhi [India], Feb. 19 (ANI): Indian food processing sector has the potential to attract USD 33 billion of investment and create nine million jobs by FY 2024, revealed an ASSOCHAM-Grant Thorton Research paper.

Full Story >>

New Delhi [India], Feb. 19 (ANI): ONE Co.Work, the end-to-end co-working space provider, announced the launch of its Gurugram-based co-working office on Saturday. The event received a phenomenal response from the start-up community, investors, freelancers, and bloggers, and was also attended by several industry veterans.

Full Story >>

New Delhi [India], Feb. 18 (ANI): Khadi and Village Industries Commission (KVIC) which has, in the last six months, bagged large orders from several public and private sector companies since the Narendra Modi government came to power, has bagged the largest ever order from the Ministry Of Health on February 16, 2017.

Full Story >>

New Delhi [India], Feb. 18 (ANI-BusinessWire India): Working towards its vision of enhancing the employability of youth by skill development, CMC Skills Pvt. Ltd. in consortium with Mitcon Consultancy Services Limited was recently selected by Jharkhand Skill Development Mission to Establish and Operate Mega Skill Development Centre in Jharkhand on PPP mode.

Full Story >>