Real Estate
NAREDCO Proposes September 17 as ‘Right to Housing Day’ to Celebrate PM Modi’s 75th Birthday
The National Real Estate Development Council (NAREDCO) has proposed observing September 17 as ‘Right to Housing Day’ to coincide with Prime Minister Narendra Modi’s 75th birthday. This initiative aims to highlight the importance of affordable housing and strengthen the government’s ‘Housing for All’ vision.
real estate news
Top 8 Cities Face Severe Affordable Housing Shortage: Report
India's top eight cities are grappling with a significant shortage of affordable housing units, with the supply-to-demand ratio dropping sharply to 0.36 in the first half of 2025 from 1.05 in 2019.
real estate news
Union Minister K Reddy Emphasizes Emotional Importance of Home Ownership in India
Union Minister G Kishan Reddy highlights the emotional and economic significance of home ownership, praising the real estate sector's growth and the government's initiatives.
real estate news
Real Estate and Infrastructure Sectors Face Severe Skilled Worker Shortage
The real estate and infrastructure sectors in India are currently short of 20 lakh skilled workers, a gap that could widen to 50 lakh over the next five years, according to Niranjan Hiranandani, chairman of the Hiranandani Group.
Real Estate Maharashtra
Maharashtra Govt Eases Minimum Service Duration for Sanitation Workers
The Maharashtra government has decided to reduce the minimum service duration for sanitation workers to 20 years from the existing 25-year norm, as part of the 'Manhole to Machinehole' programme aimed at mechanizing sewer cleaning.
real estate news
Uttar Pradesh Allocates Rs 12,000 Crore for Urban Housing under PMAY
Uttar Pradesh has received a significant boost in its urban housing sector with an allocation of over Rs 12,000 crore under the Pradhan Mantri Awas Yojana (Urban) Mission 2.0, aimed at achieving 'Housing for All'.
real estate news
Real Estate Boom to Drive Cement Demand in FY26
The robust growth in the real estate market and government initiatives like the Pradhan Mantri Awas Yojana (PMAY) are expected to significantly boost cement demand in FY26. Large-scale construction under these schemes is set to drive the industry forward.
real estate news
Goa Approaches Completion of 250 Affordable Houses Under PMAY Scheme
Goa is on the verge of completing 250 affordable houses under the Pradhan Mantri Awas Yojana (PMAY) scheme, a significant milestone in the state's efforts to provide housing for all. The project, implemented at a total cost of Rs 340 million, is expected to benefit numerous families in need.
Real Estate
Cement Demand to Surge 7-8% on Back of Strong Real Estate and Infrastructure Growth
The robust demand for real estate, bolstered by government initiatives like Pradhan Mantri Awas Yojana (PMAY), is set to drive cement demand growth by 7-8% in FY26.
Real Estate
Affordable Housing in India: A Closer Reality Despite Challenges
The year has been a mixed bag for the real estate industry, with housing supply slowing down but record investments coming in. Industry experts believe that demand will stabilize as sales are likely to be lower compared to 2023. However, the affordable housing segment is showing promising signs of improvement.
real estate news
MHADA Launches Online Registration for 52 Flats and 28 Office Spaces in Pune and Other Districts
Pune, June 16, 2025: The Maharashtra Housing and Area Development Authority (MHADA) has initiated online registration for the sale of 52 residential flats and 28 office spaces across Pune, Solapur, Sangli, Satara, and Kolhapur districts.
real estate news
Navin's Starwood Towers 3.0 Wins PM Awas Yojana Award
Navin's Starwood Towers 3.0 has been awarded the prestigious PM Awas Yojana Award, recognizing its significant contribution to the affordable housing sector in India.
real estate news
Kolkata Sees Decline in Unsold Affordable Housing Stock and Rise in Luxury Inventory
Kolkata: In the period from 2024 to 2025, Kolkata experienced a significant decline in unsold affordable housing stock by 20%, while the luxury housing inventory saw a substantial increase of 96%. A recent real estate research provides insights into these trends and their implications for the local market.
real estate news
Affordable Housing: The Backbone of a Slum-Free City
Bhubaneswar: Housing and Urban Development (H&UD) Minister Krushna Chandra Mohapatra emphasizes the pivotal role of affordable housing in transforming urban areas into slum-free zones.
Real Estate Pune
Affordable Housing Inventory Drops by 19% in Q1 2025: ANAROCK Report
The inventory of unsold affordable housing units in India saw a significant 19% decline in the first quarter of 2025, according to a recent report by ANAROCK. This positive trend is driven by robust demand and strategic market interventions.
Real Estate
India Real Estate Q1 2025: Affordable Housing Crisis and Luxury Market Oversupply
In Q1 2025, the Indian real estate market is witnessing a significant shift with a shrinking supply of affordable homes and an oversupply in the luxury segment. The pandemic has exacerbated these issues, affecting low-income buyers and developers alike.
real estate news
Navigating the Shift: India's Real Estate Focus on Premium Segments
The Indian housing market, particularly the affordable segment, is facing significant challenges as real estate developers shift their focus to premium properties. Skyrocketing residential prices and geopolitical uncertainties are causing a slowdown in the once-bullish market.
real estate news
Decline in Home Sales Under ₹50 Lakh: January to March Sees 9% Drop to 21,000 Units
Data from real estate consultant Knight Frank India reveals a 9% decline in sales of homes costing less than ₹50 lakh in the January to March period, totaling 21,000 units. The report also highlights a slowdown in the ₹50 lakh to ₹1 crore segment.
Real Estate Mumbai
Mumbai's Sky-High Property Prices: A Concern for Affordability
Mumbai's real estate market is at a crossroads, with soaring prices raising concerns about affordability. This article explores the factors driving these increases and their impact on the average resident.
real estate news
Q1 2025: Housing Supply in India’s Major Cities Plummets by 34%
The housing supply in India's top cities fell by 34% in the first quarter of 2025, with Bengaluru being the sole exception. The city saw a 17% increase in new housing units, rising to 20,227 from 17,303 in Q1 2024.