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  • Urban Infra can attract Rs 10 lakh crore investment in coming years: Housing Secretary

    Secretary also indicated that necessary reforms will be introduced to further strengthen RERA in multiple states so that housing projects, particularly in the affordable housing segment, do not suffer delays due to registration issues.

  • Govt scouts new arenas for capex; bets on urban sanitation, shipping to fuel public investment in FY26

    The Centre also aims to continue increasing the allocation for capex in the upcoming year given that private investment is yet to rebound significantly.

  • Centre’s FY25 revised capex may miss the target by around Rs 35,000 crore

    The largest miss on FY25 capex is expected to be due to a spending slowdown in roads and highway projects, followed by housing and atomic energy.

  • How Smart City projects are changing real estate dynamics in Hubballi, Karnataka

    Under the smart cities mission, the green mobility corridor has been developed on a 4.5-km stretch above the Unkal nullah (drain), where the HDSCL has taken measures to stop flooding in the surrounding areas. It has also developed a non-motorised transport network all along the drain. Similarly, the Tolankere lake has been redeveloped and citizen centric amenities have been provided under the initiative.

  • Smart City Mission transforming Hubbali and Belagavi in Karnataka

    Both cities have completed a majority of the projects planned under the smart cities mission, and include unique initiatives such as a Mahila Bazar and a therapy centre for specially-abled children.

  • Real estate sector needs to tap finance from the banking system and not depend on customer advances: MoHUA Secretary

    The sector needs a rating system so that good projects can access bank financing.

  • Panel gears up to get stalled real estate projects moving

    The issue of non-compliance of orders passed by RERA was also discussed at the meeting. CAC deliberated on the best practices followed by certain states in the execution of orders passed by RERA

  • Housing ministry releases City Finance Rankings, launches City Beauty Competition

    The City Finance Rankings aim at evaluating, recognising, and rewarding urban local bodies on the basis of their strengths across key financial parameters, while the City Beauty Competition aims at encouraging cities and wards in India to create beautiful, innovative and inclusive public spaces

  • Green View apartment owners cry foul as NBCC stops rental assistance to residents evicted following cracks in building

    NBCC says buyback offer has been given, and rental assistance cannot be given in perpetuity

  • Delhi govt, MoHUA officials to meet on Nov 10 to discuss payment of arbitral award to DAMEPL

    The meeting has been convened after DMRC wrote to Delhi government and Union Ministry of Housing and Urban Affairs, seeking financial assistance for the payment of Rs 7,000 crore for arbitral award to DAMEPL.

  • All legacy dumpsites to be remediated under Swachh Bharat Mission 2.0: Hardeep Singh Puri

    1,000 legacy dumpsites, including those in Delhi, containing 12.8 crore metric tonnes waste have been approved by MoHUA, with total project cost of more than 8,000 crore rupees, the minister said

  • Technology can provide accessible, inclusive environment for persons with disabilities: Minister Puri

    Puri presented the Smart Solutions Challenge and Inclusive Cities Awards 2022 that are aimed at promoting people-centric design and to foster novel home-grown technological innovations and solutions

  • Andhra, Tamil Nadu, UP and Assam adopt Model Tenancy Law

    The Union cabinet on June 2, 2021 approved the Model Tenancy Act for circulation to the States and Union Territories for adoption. It seeks to facilitate unlocking of vacant houses for rental housing purposes.

  • Rs 4,000 crore disbursed under PM SVANidhi Scheme for street vendors so far: Hardeep Singh Puri

    The scheme facilitates collateral free working capital loan up to Rs 10,000 of one-year tenure, with enhanced loan of Rs 20,000 and Rs 50,000 in the second and third terms respectively, on repayment of earlier loans.

  • States that have diluted RERA rules need to justify their action: Hardeep Singh Puri

    The next CAC meeting is scheduled for October 22

  • Projects worth Rs 4,152 crore to remediate legacy dumpsites across 14 states and UTs: MoHUA

    Of the approved amounts, Central assistance of Rs 529 crore has already been released to states/union territories as first installments, including Rs 174 crore released to the Delhi government.

  • Rs 419.55 crore spent so far on work undertaken under Central Vista Master Plan

    The new Parliament building project, which has its deadline in October, has achieved 44 percent physical progress, and the government has so far spent Rs 480 crore on it, the Rajya Sabha was informed on March 21

  • Govt approves proposals for over 60,000 houses in five states under PMAY (Urban)

    The approvals were given at the 58th meeting of Central Sanctioning and Monitoring Committee (CSMC) under Pradhan Mantri Awas Yojana (Urban) on February 15.

  • JSCL signs pact for development of Apsara Road 'High Street'

    The Apsara Road is one of the popular commercial and institutional areas of Jammu city and is surrounded by residential colonies like Preet Nagar, Shastri Nagar, Jeewan Nagar, Nanak Nagar, Trikuta Nagar, Nai Basti, Rampura and other parts of the city.

  • 60,000 homes cleared under Affordable Rental Housing and Urban Complexes scheme: Housing secretary

    Assam is the first Indian state to adopt the Model Tenancy Act, Mishra has said.

  • Housing ministry, Zomato partner to take street food vendors’ businesses online

    Initially, a pilot programme will be initiated by onboarding 300 vendors across six cities namely Bhopal, Ludhiana, Nagpur, Patna, Raipur and Vadodara.

  • Other states must consider reducing stamp duty like Maharashtra to boost real estate sales: Housing secretary

    On August 26, the Maharashtra government decided to temporarily reduce stamp duty on housing units from 5 percent to 2 percent until December 31 to boost the stagnant real estate market hit by the COVID-19 pandemic

  • Rs 12,441-crore loans for infrastructure projects released so far this year: NCRPB

    The NCRPB has provided financial assistance to 360 infrastructure development projects so far with an estimated cost of Rs 31,464 crore, out of which Rs 15,105 crore has been sanctioned as loans

  • Swachh Survekshan 2020: Indore wins cleanest city title for the 4th time in a row

    Swachh Survekshan 2020: The second and third positions in the category were won by Surat and Navi Mumbai, respectively.

  • Housing Minister launches online platforms to market real estate projects

    Puri says the housing sector’s demand for one-time debt restructuring and 100 per cent FDI in affordable rental housing will be considered; suggests setting up of a permanent working group

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