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  • RERA registration of at least 21 affordable housing government projects in Maharashtra lapses Jul 22, 2022 01:01 PM IST

    RERA registration of at least 21 affordable housing government projects in Maharashtra lapses

    These housing developments are among more than 4,500 real estate projects that have lapsed in Maharashtra. However, not a single homebuyer has been affected as bookings for government projects open only after an occupation certificate is issued.

  • Builders welcome Rs 48,000 crore outlay for PMAY; upset over no tax sops for homebuyers, industry Feb 01, 2022 10:24 PM IST

    Builders welcome Rs 48,000 crore outlay for PMAY; upset over no tax sops for homebuyers, industry

    Real estate developers hailed the decision to allocate Rs 48,000 crore in Budget 2022 under the Pradhan Mantri Awas Yojana (PMAY) and faster approvals for affordable housing in urban areas but rued that no additional tax deduction was allowed on interest paid on home loans.

  • Demand for work under MGNREGS remains elevated; rural housing target missed Jan 31, 2022 05:13 PM IST

    Demand for work under MGNREGS remains elevated; rural housing target missed

    The budgetary allocation for MGNREGS in FY22 increased to Rs 73,000 crore from Rs 61,500 crore in FY21 and further to Rs 98,000 crore (so far). Since the allocation has not even reached the Rs 1 lakh crore mark, it is unlikely that the outlay will be tripled in FY23, as sought by activists.

  • 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.

  • Woman seen in PMAY scheme ad featuring PM Modi stays in a shanty with no washroom Mar 22, 2021 04:54 PM IST

    Woman seen in PMAY scheme ad featuring PM Modi stays in a shanty with no washroom

    A resident of Malanga Lane in Kolkata’s Bowbazar area, Lakshmi Devi has alleged that she did not have any knowledge of the advertisement and has no idea when she was photographed.

  • Pradhan Mantri Awas Yojana 2021: Centre approves 56,368 new houses Feb 23, 2021 12:28 PM IST

    Pradhan Mantri Awas Yojana 2021: Centre approves 56,368 new houses

    The construction of PMAY-U houses are in various stages. As of now, more than 73 lakh houses have been grounded and nearly 43 lakh have been completed

  • PM Modi releases Rs 2,691 crore for PMAY-G beneficiaries, slams previous govts for their policies, 'wrong' intentions Jan 20, 2021 05:46 PM IST

    PM Modi releases Rs 2,691 crore for PMAY-G beneficiaries, slams previous govts for their policies, 'wrong' intentions

    PM Modi also said the poor people never believed in the past that the government will help them get a roof above their heads.

  • Govt says Rs 6.16 lakh crore investment approved under PMAY(U) Mar 19, 2020 02:55 PM IST

    Govt says Rs 6.16 lakh crore investment approved under PMAY(U)

    The Minister of State for Housing and Urban Affairs also told Lok Sabha that no data regarding property-less people is maintained by the ministry.

  • 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.

  • DDA to redevelop 378 JJ clusters: Hardeep Singh Puri Dec 09, 2019 06:30 PM IST

    DDA to redevelop 378 JJ clusters: Hardeep Singh Puri

    The decision was taken after the Delhi Urban Shelter Improvement Board (DUSIB), which comes under the AAP government, failed to carry out a survey of these clusters.

  • 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.

  • Housing finance companies are in a turmoil due to lack of demand as well as funding freeze Sep 30, 2019 07:19 PM IST

    Housing finance companies are in a turmoil due to lack of demand as well as funding freeze

    Affordable housing has been the lone bright spot in this doom and gloom and has contributed to both realty sales as well as to the AUM growth of banks and HFCs servicing this segment.

  • Budget 2019 | For the infrastructure sector, it reads more like a vision statement Jul 05, 2019 08:08 PM IST

    Budget 2019 | For the infrastructure sector, it reads more like a vision statement

    The Budget did give out a positive statement. It lacks a clear road map as to how to achieve certain targets proposed.

  • Budget 2019 | Liquidity and sops will turnaround the housing sector Jun 26, 2019 01:54 PM IST

    Budget 2019 | Liquidity and sops will turnaround the housing sector

    The housing sector expects the government to contemplate on introducing housing bonds in order to provide low interest rate funds to the housing companies.

  • Peninsula Land to invest Rs 160 crore to develop 600 apartments in Pune Feb 12, 2019 02:19 PM IST

    Peninsula Land to invest Rs 160 crore to develop 600 apartments in Pune

    The company has launched the second phase named 'addressOne Central Park' to develop 600 apartments, Peninsula Land said in a statement.

  • Fadnavis calls for expediting police housing projects in Solapur Oct 17, 2018 06:28 PM IST

    Fadnavis calls for expediting police housing projects in Solapur

    The chief minister lauded the Solapur police for their measures in improving the conviction rate.

  • Centre to establish web-based 'knowledge lab' to share technologies for affordable housing Sep 12, 2018 07:45 PM IST

    Centre to establish web-based 'knowledge lab' to share technologies for affordable housing

    According to the Housing and Urban Affairs (HUA) Ministry, the laboratory will act as a source of information on the matters related to affordable housing in the country.

  • Over 19,000 houses to be constructed under PMAY in Haryana Aug 27, 2018 07:20 PM IST

    Over 19,000 houses to be constructed under PMAY in Haryana

    19,858 affordable houses for the poor in various cities and towns of Haryana.

  • Over 51 lakh urban dwelling units sanctioned in 3 years under PMAY Jul 08, 2018 07:20 PM IST

    Over 51 lakh urban dwelling units sanctioned in 3 years under PMAY

    The ministry said that over 28 lakh units are already in various stages of construction

  • Macro@Moneycontrol: Widening scope of PMAY and its impact on housing segment Jun 26, 2018 04:42 PM IST

    Macro@Moneycontrol: Widening scope of PMAY and its impact on housing segment

    But will the subsidy be useful for the common man? Watch the accompanying video for the answer..

  • DHFL expects 30% surge in disbursements from Karnataka this year Jun 21, 2018 09:10 PM IST

    DHFL expects 30% surge in disbursements from Karnataka this year

    This is in accordance with its overall plans of expanding its disbursement book size by 30 percent across the country, the company said in a release here.

  • RBI revises upwards housing loan limits under priority sector Jun 19, 2018 07:30 PM IST

    RBI revises upwards housing loan limits under priority sector

    There is a condition however that the overall cost of the dwelling unit in the metropolitan centre (with population of ten lakh and above) and at other centres should not exceed Rs 45 lakh and Rs 30 lakh, respectively, for being classified as priority sector.

  • 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.

  • Under PMAY, now even millennials can apply for home loans Jul 06, 2017 10:31 AM IST

    Under PMAY, now even millennials can apply for home loans

    To encourage the millennials to invest in real estate, the Pradhan Mantri Awas Yojana (urban) Housing for All Mission guidelines have been amended to include any adult earning member irrespective of his marital status as a separate householder who does not own a pucca house.

  • Govt aims to construct 12lakh houses in FY18 under PMAY scheme May 22, 2017 06:34 PM IST

    Govt aims to construct 12lakh houses in FY18 under PMAY scheme

    The government has set an ambitious target to construct as many as 12 lakh houses under Pradhan Mantri Awas Yojana (Urban) in 2017-18, although only 1.49 lakh houses were built under the scheme in 2016-17.

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