Mahindra Lifespace Developers Ltd (MLDL), on February 15, 2018, announced the launch of ‘Happinest – Palghar’ – the first affordable housing project to be undertaken by a joint platform between the company and HDFC … READ FULL STORY
The government, on February 7, 2018, asked builders not to charge any Goods and Services Tax (GST) from home buyers, as the effective GST rate on almost all affordable housing projects is eight per … READ FULL STORY
“In the march towards affordable housing for all Indians by 2022, we will not have any financial constraints or bottlenecks,” housing and urban affairs (HUA) minister Hardeep Singh Puri said, on February 6, 2018. … READ FULL STORY
With maximum increase in allocation to the Smart Cities Mission, the Housing and Urban Affairs (HUA) ministry’s budgetary provisions have been pegged at over Rs 41,765 crores for the next fiscal, a hike of … READ FULL STORY
Over 93 lakh houses have been constructed by the government in the last three-and-a-half years, President Ram Nath Kovind said, on January 29, 2018, outlining the centre’s target to provide houses to every poor … READ FULL STORY
As many as 54,474 houses have been constructed in Gujarat, since 2014-15, under the Pradhan Mantri Awas Yojana (Urban) scheme – the most by any state or union territory. The number accounts for 18.70 … READ FULL STORY
The centre, on November 16, 2017, approved the enhancement of the carpet area of houses for the middle income group (MIG) category, under the Pradhan Mantri Awas Yojana – Urban (PMAY-U). Under the MIG-I … READ FULL STORY
The interest subsidy of up to Rs 2.60 lakhs on home loans under the centre’s affordable housing scheme, will now be available to middle-income group (MIG) beneficiaries for 15 more months till March 2019, … READ FULL STORY
Newly sworn-in Housing and Urban Affairs (HUA) minister, Hardeep Singh Puri, has described the urban housing and development challenges facing the ministry as ‘daunting and transformative’. However, he expressed confidence that the ministry could … READ FULL STORY
The centre will invite companies from across the world, to showcase their construction techniques and adopt the selected ones, to build affordable houses for poor families in the country, a top official said, on … READ FULL STORY
An inter-ministerial Central Sanctioning and Monitoring Committee (CSMC), chaired by Housing and Urban Affairs (HUA) secretary Durga Shanker Mishra, on July 24, 2017, approved a first-of-its-kind affordable housing project on private land, after detailed … READ FULL STORY
The central government, on June 22, 2017, approved the construction of 1.27 lakh more houses under the Pradhan Mantri Awas Yojana (Urban), taking the total number of houses sanctioned under the scheme to 20.95 … READ FULL STORY
Union Housing and Urban Poverty Alleviation (HUPA) minister, M Venkaiah Naidu, on June 13, 2017, said that the scope of the centre’s flagship Pradhan Mantri Awas Yojana (PMAY) programme, will be extended to private … READ FULL STORY
