The Centre on December 28, 2019, approved construction of 6.5 lakh houses under the Pradhan Mantri Awas Yojana (Urban or PMAY-U), taking the total number of houses being funded under the scheme to over … READ FULL STORY
The CBDT, on November 11, 2019, said that raids by the Income Tax Department have unearthed large tax evasion, involving ‘leading corporate houses’ in the infrastructure sector. The raids were conducted in the first … READ FULL STORY
By the year 2030, more than 40% of the Indian population will live in urban India, as against the current figure of 34%, which is likely to create a demand for 25 million additional … READ FULL STORY
Delhi Development Authority (DDA) vice-chairman Tarun Kapoor, has revealed that several flats are under construction and by the next six months, about 25,000 flats would be ready. “However, not all have water connections and … READ FULL STORY
Around 2.75 lakh beneficiaries have availed of the subsidy scheme under the Pradhan Mantri Awas Yojana (Urban), with Gujarat topping the chart, the government said, on November 28, 2018. Maharashtra and Madhya Pradesh had … READ FULL STORY
Update on February 13, 2019: Town planning agency, the City and Industrial Development Corporation (CIDCO), has announced that it will conduct a lottery for 1,100 homes on February 14, 2019. The draw for the homes … READ FULL STORY
Under a proposal, cleared by the Maharashtra cabinet on August 7, 2018, the MHADA (Maharashtra Housing and Area Development Authority) will form joint ventures with interested private landowners, to execute the centre’s flagship scheme, … READ FULL STORY
Housing loans of up to Rs 35 lakhs, for dwellings costing less than Rs 45 lakhs, will be treated as priority sector lending (PSL), to give a fillip to the low-cost segment, the Reserve … READ FULL STORY
Union minister Hardeep Singh Puri, on April 24, 2018, said that the Kathputli Colony residents held an important position in India’s culture and history and assured them that they would have proper houses by … READ FULL STORY
Union minister Hardeep Singh Puri, on November 28, 2017, appreciated the Telangana government’s double-bedroom houses scheme for the poor, the state government said. The Housing and Urban Affairs Minister visited the IDH Colony in … READ FULL STORY
The centre, on April 26, 2017, sanctioned the construction of over one lakh more houses for the urban poor, with an investment of Rs 4,200 crores, under the Pradhan Mantri Awas Yojana (Urban). With … READ FULL STORY
The Delhi Metro Rail Corporation (DMRC) is all set to venture into the residential real estate market and will soon put up over 500 flats, in the Rs 60 lakh to Rs 1 crore … READ FULL STORY
The ministry of Housing and Urban Poverty Alleviation (HUPA), on January 18, 2017, has approved the construction of 78,703 additional affordable houses for the Economically Weaker Sections (EWS) in the states of Tamil Nadu, … READ FULL STORY
