In a big relief to thousands of new home buyers, the housing ministry has extended coverage of interest subsidy under PM Awas Yojna (PMAY) to property falling under any part of a development authority and planning area, including rural areas, industrial belts and even rural pockets within special economic zones (SEZs).
Home buyers can get the interest subsidy of around Rs 2.3 lakh. The modified guidelines were issued recently. TOI on December 2 had first reported that the ministry was working on the proposal to increase its coverage. The changes have been made following complaints from home buyers who had alleged that some of the banks were not approving loan applications under the interest subsidy scheme in certain areas in about 100 cities.
Areas falling within notified planning or development area under the jurisdiction of an industrial development authority or special area development authority or urban development authority or any such body under state legislation that is entrusted with the functions of urban planning and regulations shall also be included for coverage under PMAY(U), the amended guidelines said.
"The beneficiaries in the permanent wait list of PMAY (G) will have the flexibility for opting for a house under PMAY(G) or PMAY (U)," the notification said. The benefits of all existing and future rural schemes will not be denied to a beneficiary who would avail a house under this amendment, it added.
After the launch of the Centre for Entrepreneurship Opportunities and Learning (CEOL) in Mangaluru, the NITI Aayog will soon give the innovation hub tag to the premier technical institutions NIT-K, Surathkal and NMAMIT, Karkala.
This was announced during defence minister Nirmala Sitharaman's recent visit to the city to inaugurate CEOL. Apart from this, these oldest technical institutions in the coastal districts have been chosen as India's first start-up districts with incubators by the ministry of commerce and industry.
"NMAMIT, Karkala, and NIT-K, Surathkal, will jointly execute a couple of projects under this programme, while they will also execute some independent ones. Senior professors from the country's premier technical institutions will lend their support for proper execution of the projects," Karanam Uma Maheshwar Rao, director, NIT-K, Surathkal, told TOI.
The first project that NIT-K will be working on, is to make methanol as an alternative fuel, and in related areas. The ground work for it was prepared during the recently-held national conference on internal combustion engines and combustion, at the campus. It was attended by V K Saraswat, member of NITI Aayog and former chief of DRDO, and Sanjiv Singh, chairman, Indian Oil Corporation.
Speaking on having additional infrastructure for innovation and start-ups, Rao added that the recent announcement of a Higher Education Funding Agency (HEFA), has additional benefits for the institute to utilize the opportunity to the maximum, where finance is not a roadblock. "We are focusing on infrastructure, wherein it houses modernized equipment, aiding in research and innovation," Rao pointed out.
Apart from an innovation hub, NMAMIT and NIT-K, Surathkal, have also been chosen as India's first start-up districts with incubators, by the ministry of commerce and industry. Connectivity (air, road, sea and rail), presence of several education institutions, state-of-art facilities, student resources and infrastructure, were key factors to get these institutions selected for the centre.
UAE Bunts, one of the vibrant community associations of Bunts, celebrated its 42nd anniversary in UAE with a rich colourful cultural display, together with the presentation of 'Bunta Vibhushana', 'Bunt Perfect Jodi 2016' and 'Folk/Cinematic Dance' competitions with the beautiful stage of 'Guthu House' as backdrop built within the premises of Crowne Plaza, Jumeirah Ball Room here on Friday April 15.
The grand event was witnessed by jam-packed crowd of more than 1,200 who were glued to their seats from 10 am in the morning until late evening, applauding, cheering and enjoying the entire day's entertainment.
Khain Properties Thanks Mr. Sarvotham shetty and the Bunts UAE team for the opportunity and support.
Khain Properties team was at the annual Tulu Koota Kuwait "Rasamanjari 2016" on Friday April 1 at the American International School, Kamel Al Rayes Auditorium, Maidan Hawally, Kuwait
The melodious event featured performances by prominent artistes from Mangaluru, singer and composer Sandesh Babanna, melodious singer Rashmi Naravi, the charming singer and dancer Ashwin D'Costa.
Khain properties is grateful for the opportunity given by the association and thanks the president Mr. Harish Bhandary, Management Committee member Mr. Ramesh Bhandary and other members of the team.
Khain properties team was at the Billava Samaj family day,held at the Crowne Plaza, Sheikh Zahid road, Dubai. The event was well organised and attended by over 650 members. Khain Properties showcased its ongoing projects at the event.
We wish the association all the very best and look forward to a long and fruitful relationship with the Tulu speaking community in Dubai.
Khain Properties wishes all the members of Billawa Association all the best for the future.
Khain Properties is happy to continue its association with Tulu Koota Kuwait, and support the organization by being the Event sponsor for their annual cultural event "Tulu Parba-2015" which was held on 30th October, 2015 at American International School Auditorium, Maidan Hawally.
Khain Properties wishes all the members of Tulu Koota Kuwait all the best for the future.
Khain Properties is honoured by being the Gold sponsor for their annual cultural event "Tulu Parba-2015" which was held on 09th October, 2015 at Al Nasr Leisureland, Dubai.
The event was well organised and attended by over 1500 members. Khain Properties showcased its ongoing projects “Nilaya” and “Aashiyana”.
Khain Properties wishes the association all the very best and look forward to a long and fruitful relationship with the Tulu Koota Dubai.
Khain properties participated at the Mangaluru and Udupi Property Expo-2015, organised by CREDAI Mangalore held at Bantara Bhavana, Kurla, Mumbai on 11, 12 &13 September-2015.
The exhibition was attended by a large no of people from coastal karnataka looking for property at Udupi and Mangalore.
Khain properties showcased it's projects "Nilaya" and “Aashiyana” located at Udupi.
Times of India in association with Mindscape exhibition held its bi annual property exhibition at Al Bustan Rotana, airport road, Dubai on the 15 and 16 of May.
There where more than 100 developers showcasing their projects from all over India and the two day event was a grand success with a large number of visitors.
Developers from Mangalore and Udupi where present and Khain Properties also showcased its ongoing projects at the exhibition.
Visitors hailing originally from in and around Udupi took this opportunity to interact with the promoter of Khain Properties and get first hand knowledge about the ongoing projects.
This is the third year that Khain Properties has been associated with Times Reality Expo, and look forward to be present in this event in the coming years inorder to be more accessible to buyers looking to invest in Udupi.
The team at Khain Properties took part in the IIk Property Expo-2015, held at Crowne Plaza, Kuwait, on 08-09 May. Large number of NRI's from middle east visited the venue to know more about projects in Udupi.
Khain Properties showcased its ongoing project "Serenity" and "Nilaya".
Khain Properties is honoured to continue the partnership with Tulu Koota Kuwait, and was the event sponsor for the annual Rasmanjari Singing event held at Marina hall, Abbasiya.
The event was attended by over 850 enthusiastic listeners and the crowd was enthralled by singers like,Preetihi Warrior, Sumithra Nair,and Rony D'Cunha and local talents of all ages.
Under the leadership of Mr Tharendra Shettigar and his team, this was another successful event of Tulu Koota, Kuwait.
Khain properties team was at the 37th UAE BUNTS GATHERING,held at Hotel JW Marriott, Deira, Dubai. The event was well organized and attended by over 700 members.
Khain Properties showcased its ongoing project "Serenity", "Nilaya".
The event was a fulfilled and memorable gathering for all who attended.
Khain Properties Thanks Mr. Sarvotham shetty and the Bunts UAE team for the opportunity and support
The team at Khain properties participated at India's most popular property show, MCHI CREDAI Property 2015 24th mega Show on 9th - 12th April 2015 at MMRD Ground, BKC, Mumbai.
The exhibition was attended by a large no of people including people from coastal karnataka looking for property at Udupi and Mangalore.
Khain properties showcased it's projects "Nilaya" and it's upcoming project "Aashiyana" located at Udupi.
KCWA has taken up yet another noble cause to help the mentally challenged and physically disabled children who are belonging to the poorest families of our society. The impact of a child's disability on their quality of life is very much dependent on the way other individuals treat them. It is unfortunate; many of such disabled children are placed away from home, some are just lying on the mats need lot more to survive and sadly, some are prone to violence. If these vulnerable special needs children are provided with proper care and support surely they can live a normal human life.
Khain Properties had the privilege to become a partner with KCWA in their noble cause to support the most vulnerable children of our society. KCWA has organized “KALA SANZ”, a cultural program, on 23rd January 2015 at American International School, Kuwait from 04:30 PM onwards. The program includes 4 hours non-stop entertainment by popular singers, rib-tickling jokes by famous comedians from Kuwait and foot tapping dances,for which Khain Properties was the main sponsor.
The event was put together in support of the mentally challenged and physically disabled children, restore hope, and give new choices and path for better life. The amount generated from this event would go in support of building a new school to provide basic training and rehabilitation of Children with disabilities at VIMUKTHI (Care, Support, and Rehabilitation of the Differently Abled Children) Dayalbagh Ashram, Ujire, Belthangady, Karnataka, India.
We thank the managing committee of KCWA and Mr Anil Fernandes for giving us this opportunity to be a part of their noble initiative.
The stall was visited by a large no of people from the coastal belt enquiring about our projects. The event was well organized and centrally located making it a convenient venue for potential clients.
Khain Properties showcased its ongoing project "Serenity", "Nilaya" and upcoming project "Aashiyana"
The team at Khain Properties took part in the Realty Buildcon & Auto Expo-2014, held at Town hall Ajjarkad, Udupi, on 20-21 December organised by Manipal Ace Event Management Company. Large number of visitors visited the venue.
Khain Properties showcased its ongoing project "Serenity", "Nilaya" and upcoming project "Aashiyana"
The marketing team at Khain Properties was present at the recently had "Bale Thelipaale" in Namma Parbha held at Al Nasr Leisureland, Dubai. The event was a gulf level comedy competition followed by comedy kings Prashamsa. The event concluded with performances by Kannada music director Mr Guru Kiran and Dance India Dance finalists Mr. Kishore Aman. The Mega event was attended by more than 3000 enthusiastic expats eager to witness the live version of the hit Tv series "Bale Thelipaale" Prospective customers had the opportunity to visit the Khain properties stall and know first hand of the 3 ongoing projects in Udupi. The event was the second such event in 12 months with the audience more than doubling when compared to the first event. Khain Properties wishes Namma tv all the very best as they continue to support tulu culture and talent, local and international.
The team at Khain Properties took part in the IIk Property Expo-2014, held at Crowne Plaza, Kuwait, on 28-29 Nov. Large number of NRI's from middle east visited the venue to know more about projects in Udupi.
Khain Properties showcased its ongoing project "Serenity", "Nilaya" and upcoming project "aashiyana"
Khain Properties is happy to continue its association with Tulu Koota Kuwait, and support the organization by being the Mega sponsor for their annual cultural event "Tulu Parba-2014" which was held on 17th October, 2014 at American International School Auditorium, Maidan Hawally.
Khain properties is grateful for the opportunity given by the association and thanks the president Mr. Tharendra P. Shettigar, Management Committee member Mr. Ramesh Bhandary and other members of the team.
We wish the association all the very best and look forward to a long and fruitful relationship with the Tulu speaking community in Kuwait.
Kudala telipale, the hit tv comedy show was held live at the Rajanghana,Udupi,attended by a crowd of over 2000 people on each of the 2 days.Khain Properties is proud to be associated with Namma Tv for the popular event which will be telecast on 13/10/2014 onwards.
The show was attended by large no of VIPs and H. H. Lakshmivara Theertha Swamiji was part of the judging panel.Khain Properties wishes the participants and the team at Namma Tv the very best for the success of the show.
Khain properties team was at the Billava Samaj family day,held at the Crowne Plaza,Sheikh Zahid road,Dubai.
The event was well organised and attended by over 650 members.
Khain Properties showcased its ongoing projects at the event..
BAR Association, Udupi conducted a 2 day cricket tournament on 8/3/14 & 9/3/14 at MGM Ground, Udupi as a tribute
to Late. Bharathi Devdas. Khain Properties is honored to be a part of this memorial tournament.
Khain Properties, city’s prominent builder, are proud to be the Title Sponsors of the hit TV show ‘Bale Thelipaale
Season 2.’
The show is in its second season and hugely popular among native Tulu-speaking communities in the coastal Karnataka,
GCC countries, Mumbai and other towns and cities across India. It has got record-breaking hits in social media all
over the world.
Khain Properties is delighted to be associated with the show, supporting local talent, culture by Mangalore-based
Namma TV.
The show was staged in Dubai during November 2013, wherein Khain Properties was one of the sponsors and the show was
a grand success with a jam packed auditorium, with the occasion graced by chief guest Dr. B R Shetty.
The show is scheduled to be held in GCC countries – Sultanate of Oman, Bahrain and Kuwait during April 2014.
Khain Properties has ongoing projects at Kalsanka and near Mission Compound, Udupi consisting of 1, 2 and 3
BHK apartments, having started work on its fifth residential project, ‘Nilaya’ centrally located at Kalsanka, Udupi.
The team at Khain Properties,took part in the Times Reality Expo held at the Al Falaj Hotel, Muscat, on 21st &
22nd February-2014.
The stall was visited by a large no of people from the coastal belt enquiring about our ongoing projects and future plans.
The event was well organized and centrally located making it a convenient venue for potential clients.
Khain Properties was present at the recently concluded Entreprenet-2014 at Park Plaza, Bangalore on 31st Jan and
1st Feb 2014.
The event was attended by over 350 businessmen who were fortunate to hear guest speakers like Dr Mohandas Pai.
The organizers had provided a marketing stall,wherein our marketing team displayed our ongoing projects and spoke
to prospective clients about our future plans aswell.
The marketing team at Khain Properties, took part in the recently held Mangalore Realty Buildcon Expo-2014 on 22nd
and 23rd February at Dr. TMA Pai, International Convention Center, Mangalore-2014, organized by Manipal Ace
Event Management Company.
The event showcased housing projects being developed by developers from Mangalore and had an exclusive Udupi
pavilion.
It was a good platform to meet and interact with customers who could meet with us at their convenience and get to
know more about our ongoing projects.
Khain Properties was the associate sponsor at recently held Udupi Realty Buildcon & Auto Expo-2014 on 1st
and 2nd February at town hall, Udupi, organized by Manipal Ace Event Management Company.
The event was visited by a large no of potential clients,looking at various options available at Udupi city.
The exhibition was attended by a large no of people including people from coastal karnataka looking
for property at Udupi and Mangalore.
Khain properties showcased it's projects "serenity" and "nilaya" located at Udupi.
The team at Khain Properties took part in the Homes for All Expo held at Sharjah Expo centre,
Sharjah, on 29-30 Nov.
Large number of NRI's from middle east visited the venue.
Khain Properties is honored to be associated with Namma T.V and its hit show "Bale Thelipale"
The show is not only successful in coastal Karnataka but among expatriates all over the gulf.
The Dubai show, co-sponsored by Khain Properties was a resounding success with over 1300 guest
enjoying the show.
Additionally Khain Properties had organized a raffle draw for the guest with 3 lucky
winners, receiving their prizes from Mr. Binoy shetty of New Medical Center.All in all it
was a funfilled evening for all.
The team at Khain Properties,took part in the Times Reality Expo held at the Crowne Plaza,
Deira Dubai, on 7-8 November.
Managing partner in conversation with chief Guest at Realty India Expo, Dubai-2013
Khain Properties was the mega sponsor at the recently held World Tulu Convention at Kuwait. The event was a grand success,attended by over 1200 people on each of the 2 day event.
Khain Properties has a long standing relationship with HDFC Ltd and their representative Mr Dhanraj was present at the stall to assist any customer query regarding loans.
The other members of the team included Mr Prashanth Jathanna,Adv Ganesh Kumar, Mr Glan Salins and the company's Managing Partner Mr Nilesh R David.
Khane properties offer “Khane Annappa Heritage” a 16 apartment residential project,
situated at Brahmagiri, a location which conjures up the good olden days with all the greenary
and a vibrant city in its lap. Situated just a stones throw away from the Schools, Hospital,
park, Shopping mall, D.C office and the N.H 17, yet retaining the peace and quite of Udupi of
yesteryears.
Read More
Khane Properties are offering one and two bedroom apartments for those who value location, the finest of construction and chaste interiors. TAPMI (T.A. Pai Management Institute) will be occupying a sprawling complex with close proximity of Khane Silent Meadows which makes it a priced investment proposition whether you are an investor or an occupant, both will benefit equally as the scope for appreciation is immense.
Khain Properties
2nd floor, Devraj Towers
Court Road, Udupi - 576 101
Karnataka, India
E-mail: admin@khainproperties.com
Phone: 0820 4295855