Deputy Chief Minister Eknath Shinde announces a significant housing development initiative by the Maharashtra Housing and Area Development Authority (MHADA) to construct 800,000 homes in the state within the next five years. This ambitious plan aims to pr
MhadaHousingAffordable HousingMaharashtraEknath ShindeReal Estate MaharashtraFeb 05, 2025
MHADA plans to construct 800,000 houses across Maharashtra in the next five years.
The lottery system used by MHADA is significant because it ensures transparency and fairness in the allocation of houses, increasing public trust in the authority.
Cluster development projects are efforts to build well-planned cities within existing urban areas. They are important because they help in creating structured and efficient urban spaces.
The groundbreaking ceremony for the cluster projects will take place on February 9 in Thane.
The new housing policy provisions will benefit textile mill workers and Mumbai's dabbawalas, ensuring they have access to affordable housing.
The Reserve Bank of India (RBI) has introduced revised prudential norms for Urban Co-operative Banks (UCBs) to enhance their financial health and operational flexibility. These changes aim to provide more support to small borrowers, micro-businesses, and
The Telangana Real Estate Appellate Tribunal has issued a strong reprimand to Western Constructions for breaching several provisions of the Real Estate (Regulation and Development) Act. The order, dated April 8, highlights significant discrepancies and violations that could have severe implications for the company and its projects.
The residential real estate market in India's top seven cities has witnessed a 12% decline in housing sales in the first quarter of 2025, according to a recent report by JLL. The shift in buyer preferences towards properties priced above ₹1 crore is a key factor driving this trend.
A joint report by NAREDCO Maharashtra and 1 Finance reveals high property prices and low affordability in Greater Mumbai's real estate market, underscoring the need for regulatory reforms and collaborative efforts to address the challenges.
BHFL is a subsidiary of Bajaj Finance Limited, and in the housing finance market, it is one of the most prominent players, owing to which there has been a massive anticipation towards its IPO.
CREDAI-MCHI, the leading real estate industry body in the Mumbai Metropolitan Region (MMR), hosted its 32nd annual convention, graced by the presence of Shri. Pratap Sarnaik, Minister of Transport, Maharashtra. The event focused on the challenges and oppo