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  • Women homebuyers get preference under PMAY, interest concession by banks Mar 08, 2018 01:11 PM IST

    Women homebuyers get preference under PMAY, interest concession by banks

    Data indicates that the number of women applicants under PMAY have increased by 6 per cent over the last two years

  • Negative outlook for residential real estate: India Ratings and Research Feb 28, 2018 06:02 PM IST

    Negative outlook for residential real estate: India Ratings and Research

    Outlook for commercial real estate stable, says report

  • HDFC disbursed total subsidy worth Rs 302 crore under PMAY-CLSS Feb 20, 2018 05:13 PM IST

    HDFC disbursed total subsidy worth Rs 302 crore under PMAY-CLSS

    As many as 14,290 beneficiaries benefited from the PMAY scheme across the country

  • Cabinet approves extra-budgetary support for urban housing scheme Feb 20, 2018 02:02 PM IST

    Cabinet approves extra-budgetary support for urban housing scheme

    Under the PMAY(U), the housing and urban affairs ministry targets construction of about 1.2 crore houses for the urban poor.

  • Homebuyers availing CLSS scheme will now be entitled to reduced GST rate of 8% Jan 24, 2018 12:42 PM IST

    Homebuyers availing CLSS scheme will now be entitled to reduced GST rate of 8%

    GST Council-approved tax cuts on houses constructed under PMAY scheme to be applicable from today

  • CLSS freebie: Properties under all development authorities, planning and rural areas to finally make the cut Jan 15, 2018 12:50 PM IST

    CLSS freebie: Properties under all development authorities, planning and rural areas to finally make the cut

    Coverage of PMAY enhanced to include properties in rural areas, industrial belts and rural pockets within SEZs

  • Govt amends housing scheme guidelines Jan 13, 2018 04:23 PM IST

    Govt amends housing scheme guidelines

    The housing scheme is being implemented by rural development ministry in rural areas under Pradhan Mantri Awas Yojana (Gramin)and by HUA ministry in urban areas under Pradhan Mantri Awas Yojana (Urban).

  • Budget expectations for real estate sector – stronger steps required for revival! Jan 11, 2018 11:12 AM IST

    Budget expectations for real estate sector – stronger steps required for revival!

    While certain initiatives in 2017 have been a welcome change, there are small steps compared to leaps and bounds that may be required to support the real estate sector

  • Housing ministry likely to seek increased funding for its flagship schemes in the Budget Jan 04, 2018 03:37 PM IST

    Housing ministry likely to seek increased funding for its flagship schemes in the Budget

    Work on creating a housing fund to meet funding requirements is also 'in an advanced stage'

  • Over 5 lakh homes sanctioned under PMAY (Urban); Rs 31,003 crore worth of investment approved Dec 28, 2017 06:15 PM IST

    Over 5 lakh homes sanctioned under PMAY (Urban); Rs 31,003 crore worth of investment approved

    Andhra Pradesh leads with approval of 1,42,447 homes followed by Uttar Pradesh with 1,20,645 units

  • Housing finance companies: Selective bets emerging amid cautious stance Dec 27, 2017 12:02 PM IST

    Housing finance companies: Selective bets emerging amid cautious stance

    Even as near-term outlook remains cloudy for housing finance companies, some stocks deserve a closer look.

  • Maharashtra government appoints second nodal agency to expedite PMAY in the state Dec 08, 2017 06:10 PM IST

    Maharashtra government appoints second nodal agency to expedite PMAY in the state

    Earlier Maharashtra Housing and Area Development Authority (MHADA) was the only nodal agency looking after the implementation of PMAY in the entire state.

  • Over 42,000 families in 28 Haryana cities to benefit under PMAY Dec 06, 2017 01:46 PM IST

    Over 42,000 families in 28 Haryana cities to benefit under PMAY

    The minister, during a meeting here, also said that in the first phase 24,221 families would benefit under the Pradhan Mantri Awas Yojana (PMAY) scheme.

  • Over 1 lakh affordable houses approved under PMAY (Urban) with an investment of Rs 8,105 crore Nov 30, 2017 01:32 PM IST

    Over 1 lakh affordable houses approved under PMAY (Urban) with an investment of Rs 8,105 crore

    Madhya Pradesh gets sanction for 34,680 houses followed by Haryana (24,221 houses) and Maharashtra (11,523 houses)

  • 50 lakh homes to be built in villages by March next year: Centre Nov 21, 2017 03:05 PM IST

    50 lakh homes to be built in villages by March next year: Centre

    Under the Pradhan Mantri Awas Yojana (Gramin) a target of to construct one crore new houses by March 31, 2019 was set. Of these, 51 lakh houses had to be completed by 31st March, 2018, the Rural Development Ministry said in an official statement.

  • Housing ministry plans to allow projects in villages: Official Oct 16, 2017 12:00 PM IST

    Housing ministry plans to allow projects in villages: Official

    The housing ministry is in talks with the rural development ministry over the move and a decision on it was expected soon, the official said, on condition of anonymity.

  • So far, not a single private project has been sanctioned under PMAY in Maharashtra Oct 05, 2017 11:31 AM IST

    So far, not a single private project has been sanctioned under PMAY in Maharashtra

    While there are 60,000 projects ongoing in the state through 3 other verticals, the government has so far failed in attracting the interest of private developers.

  • Over 54,000 first home buyers availed interest subsidy under CLSS: Sources Sep 28, 2017 12:21 PM IST

    Over 54,000 first home buyers availed interest subsidy under CLSS: Sources

    Out of these 54,000 beneficiaries, about 2,300 are from the middle-income group category who have been brought under the ambit of CLSS from January 1, 2017.

  • Devendra Fadnavis urges Centre to bring SRA scheme under PMAY Sep 22, 2017 10:10 AM IST

    Devendra Fadnavis urges Centre to bring SRA scheme under PMAY

    "Our SRA scheme has not progressed as it should have. We are in the process of making amendments in the scheme," Fadnavis said at a summit organised by the National Real Estate Development Council (NAREDCO) here late last evening.

  • RBI repo rate cut set to provide major fillip to real estate Aug 02, 2017 04:50 PM IST

    RBI repo rate cut set to provide major fillip to real estate

    Real estate and banking experts anticipate the home loan interest rate to hover around 8 percent once the banks decide to pass on the benefit to consumers.

  • PMAY(U) report card: Modi Govt releases Rs 11,412 crore for about 24 lakh affordable houses Jul 26, 2017 02:05 PM IST

    PMAY(U) report card: Modi Govt releases Rs 11,412 crore for about 24 lakh affordable houses

    Tamil Nadu, Madhya Pradesh and Gujarat submit the maximum proposals under PMAY(U); UP, Rajasthan, Maharashtra need to do more

  • Govt approves construction of 30,000 affordable houses on pvt land Jul 25, 2017 08:25 AM IST

    Govt approves construction of 30,000 affordable houses on pvt land

    The Housing and Urban Affairs Ministry also gave nod to central assistance of Rs 450 crore for the project under the Centre's flagship programme Pradhan Mantri Awas Yojana (Urban), an official release said.

  • PMAY: Modi Government approves 30,000 affordable houses on private land Jul 24, 2017 05:13 PM IST

    PMAY: Modi Government approves 30,000 affordable houses on private land

    An inter-ministerial Central Sanctioning and Monitoring Committee approved this first of its kind affordable housing project on private land under PMAY (Urban).

  • PMAY: Modi Government’s flagship housing scheme trumps JNNURM Jul 18, 2017 06:05 PM IST

    PMAY: Modi Government’s flagship housing scheme trumps JNNURM

    Planners say that the increase of allocation under PMAY is more than in JNNURM because the latter was a large umbrella mission with multiple sub-missions aimed at achieving varied outcomes without any specific priority ordering of objectives

  • Over 21 lakh affordable houses sanctioned under PMAY Jul 14, 2017 06:26 PM IST

    Over 21 lakh affordable houses sanctioned under PMAY

    Uttar Pradesh gets the largest share in the pie (70,784) followed by Karnataka (56,281).

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