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  • 60,000 homes cleared under Affordable Rental Housing and Urban Complexes scheme: Housing secretary Aug 19, 2021 10:08 PM IST

    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.

  • NHB disburses over Rs 30,000 crore in interest subsidy under PMAY Aug 19, 2021 09:28 PM IST

    NHB disburses over Rs 30,000 crore in interest subsidy under PMAY

    The National Housing Bank, Hudco and State Bank of India are the central nodal agencies to channelise this subsidy to the lending institutions and for monitoring the progress.

  • Govt approves construction of 16,488 more houses in urban areas under PMAY Aug 17, 2021 08:16 AM IST

    Govt approves construction of 16,488 more houses in urban areas under PMAY

    The Union Housing and Urban Affairs (HUA) Ministry said the decision was taken at a meeting of the Central Sanctioning and Monitoring Committee (CSMC), attended by officials from four states and union territories.

  • Shelter For All: Realizing The Goal since 75 Years Aug 15, 2021 05:57 PM IST

    Shelter For All: Realizing The Goal since 75 Years

    Shelter, besides food, is a necessity guaranteed by our Constitution. Even after 75 years of Independence, this goal still eludes us.

  • India’s home rental programme for migrant workers needs more nuance and ambition Aug 15, 2021 09:43 AM IST

    India’s home rental programme for migrant workers needs more nuance and ambition

    The affordable housing rental complex (AHRC) scheme acknowledges the needs of mobile workers who spend short periods of time in the city and do not seek permanent housing. Applying what we know about migrant work and the development sector will help India to realise AHRC's potential.

  • PMAY scheme should be relaunched with in-built credit-linked insurance: CII Jul 26, 2021 01:18 PM IST

    PMAY scheme should be relaunched with in-built credit-linked insurance: CII

    The Pradhan Mantri Awas Yojana scheme falls short of covering the risk of death or disability of the borrower as the loans sanctioned under it do not have an in-built insurance provision.

  • Actual implementation of PMAY falls below scheduled targets: ICRA Jul 12, 2021 03:15 PM IST

    Actual implementation of PMAY falls below scheduled targets: ICRA

    The allocation towards the PMAY-U in the Union Budget has been reduced to Rs 8,000 crore for FY2022, against a revised estimate (RE) of Rs 21,000 crore for FY2022

  • Home First Finance — A worthy long-term bet available at reasonable valuation May 19, 2021 03:22 PM IST

    Home First Finance — A worthy long-term bet available at reasonable valuation

    Home First, being an affordable housing player, is well poised to benefit from structural growth in the segment

  • Today is the last day to apply for DDA Housing Scheme 2021, window closes at midnight Feb 16, 2021 12:35 PM IST

    Today is the last day to apply for DDA Housing Scheme 2021, window closes at midnight

    DDA has so far received around 30,000 applications largely in the high-income and mid-income segments.

  • States should lower stamp duty to make housing affordable to all, says NHB study Nov 23, 2020 02:17 PM IST

    States should lower stamp duty to make housing affordable to all, says NHB study

    Capping of stamp duty and registration charges on mortgages may also increase revenue for states through their effect on demand, says the study

  • FM’s Diwali gift: Increased allocation to PMAY-U to boost housing demand Nov 16, 2020 09:52 AM IST

    FM’s Diwali gift: Increased allocation to PMAY-U to boost housing demand

    By allocating an additional Rs 18,000 crore to urban housing, the finance minister has given a push to the stagnant real estate sector

  • IIFL Home Finance disburses loans worth Rs 7,000 crore to 42,500 families under Pradhan Mantri Awas Yojana Sep 09, 2020 05:20 PM IST

    IIFL Home Finance disburses loans worth Rs 7,000 crore to 42,500 families under Pradhan Mantri Awas Yojana

    Out of the total subsidy of Rs 1,000 crore, more than Rs 870 crore have been provided to families and beneficiaries in EWS/LIG category.

  • HDFC disburses Rs 4,700 crore subsidy to over 2 lakh first-time homebuyers under PMAY scheme Sep 07, 2020 11:14 AM IST

    HDFC disburses Rs 4,700 crore subsidy to over 2 lakh first-time homebuyers under PMAY scheme

    The loans have been disbursed under the Pradhan Mantri Awas Yojana Credit Linked Subsidy Scheme

  • PMAY (U), AMRUT and Smart Cities Mission a boon in fight against COVID-19: Hardeep Singh Puri Jun 25, 2020 09:01 PM IST

    PMAY (U), AMRUT and Smart Cities Mission a boon in fight against COVID-19: Hardeep Singh Puri

    PMAY (U), Smart Cities Mission (SCM) and Atal Mission for Rejuvenation and Urban Transformation (AMRUT) have completed five years

  • Exclusive | Housing Ministry confident of making good of the time lost over COVID-19 Mar 31, 2020 04:01 PM IST

    Exclusive | Housing Ministry confident of making good of the time lost over COVID-19

    For government contracts force majeure clause is always part of the agreement and will be taken care of, they say

  • Over 70% prospective buyers looking for properties worth up to Rs 50 lakh: Report Feb 27, 2020 07:20 PM IST

    Over 70% prospective buyers looking for properties worth up to Rs 50 lakh: Report

    The government's credit linked subsidy scheme (CLSS) under Pradhan Mantri Awas Yojana (PMAY) has led to increased buyer interest in the affordable and lower-mid segment, Magicbricks said.

  • Govt to sanction all 1.12 cr houses under PMAY by next month Feb 05, 2020 09:35 PM IST

    Govt to sanction all 1.12 cr houses under PMAY by next month

    A revised demand assessment was made and now the demand is for 1.12 crore houses.

  • Budget 2020: Fund allocation for housing sector up 18.39% Feb 01, 2020 07:08 PM IST

    Budget 2020: Fund allocation for housing sector up 18.39%

    CLSS scheme has now been extended until March 31, 2022

  • Sanction of over 1 crore houses under PMAY(U) momentous achievement: PM Modi Dec 27, 2019 09:12 PM IST

    Sanction of over 1 crore houses under PMAY(U) momentous achievement: PM Modi

    Responding to a tweet by Urban Affairs Minister Hardeep Singh Puri on Friday that his ministry now has sanctioned over one crore homes under various verticals of PMAY-Urban, Modi said it was a "momentous achievement for the urban poor and the middle class".

  • Centre approves construction of 6.5 lakh houses Dec 27, 2019 04:21 PM IST

    Centre approves construction of 6.5 lakh houses

    Addressing a press conference, Union Housing and Urban Affairs Minister Hardeep Singh Puri said in the next three-four months, the ministry will sanction all the 1.12 crore houses, a target set by the government.

  • About Pradhan Mantri Awas Yojana Dec 10, 2019 03:50 PM IST

    About Pradhan Mantri Awas Yojana

    – PMAY: Pradhan Mantri Awas Yojana is an initiative taken by the government of India to provide affordable houses by 2020 to every homeless person. Check out the eligibility, types, features & benefits of PMAY at Moneycontrol.

  • How to apply for Pradhan Mantri Awas Yojana (PMAY) online or offline Dec 09, 2019 04:05 PM IST

    How to apply for Pradhan Mantri Awas Yojana (PMAY) online or offline

    Apply for PMAY: Check out the simple steps on how to apply for Pradhan Mantri Awas Yojana Online or Offline to avail its benefits at Moneycontrol.

  • Hardeep Puri launches portal for subsidy scheme under PMAY Nov 25, 2019 04:35 PM IST

    Hardeep Puri launches portal for subsidy scheme under PMAY

    At the launch of the Credit Link Subsidy Scheme (CLSS) Awas Yojana, the Union Housing and Urban Affairs Minister said that grievances of beneficiaries will be addressed in a much comprehensive and organised manner.

  • Have urged states to get housing proposals under PMAY sanctioned by March 2020: Centre Nov 21, 2019 07:24 PM IST

    Have urged states to get housing proposals under PMAY sanctioned by March 2020: Centre

    In written reply to a question in Lok Sabha on November 21, Union Housing and Urban Affairs Minister Hardeep Singh Puri said that the validated demand reported by states and UTs so far is around 1.12 crore.

  • Govt plans to set up dedicated unit for monitoring Pradhan Mantri Awas Yojana Sep 25, 2019 01:02 PM IST

    Govt plans to set up dedicated unit for monitoring Pradhan Mantri Awas Yojana

    As per the RFP, the average annual financial turnover of participating firms in the last three consecutive fiscals should not be less than Rs 9 crore

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