Real Estate
Centre to Push States for Lower Land Prices to Boost Affordable Housing
The Centre, in collaboration with states, aims to reduce land prices for affordable housing projects under the Prime Minister Awas Yojana (PMAY). This initiative, announced by Manohar Lal Khattar, Minister of Housing & Urban Affairs, is part of broader reforms to accelerate housing activities nationwide.
real estate news
Centre to Persuade States to Lower Land Prices for Affordable Housing
The Centre, in consultation with the states, aims to lower land prices for affordable housing projects, particularly under the Prime Minister Awas Yojana (PMAY).
real estate news
Impact of Affordable Housing Tariffs on India's Real Estate Market
Explore how affordable housing tariffs are shaping the real estate market in India, addressing the growing demand and supply gap. Discover the latest trends and insights.
Real Estate Maharashtra
MoHUA Approves 1.47 Lakh Additional Houses Under PMAY-U 2.0
The Ministry of Housing and Urban Affairs (MoHUA) has sanctioned 1.47 lakh additional houses under PMAY-U 2.0, spread across Gujarat, Himachal Pradesh, Ladakh, Madhya Pradesh, Manipur, and Maharashtra. This move aims to accelerate the provision of affordable housing and improve urban infrastructure.
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 news
Cement Demand to Surge 7-8% Driven by Real Estate and PMAY Initiatives
The robust real estate market and government initiatives like the Pradhan Mantri Awas Yojana (PMAY) are expected to drive a 7-8% growth in cement demand in FY26, according to a report by Axis Securities.
Real Estate Mumbai
MHADA Cuts Prices on 6,248 PMAY Flats in Thane: First-Come, First-Served Basis
In a significant move to boost affordable housing in the Mumbai Metropolitan Region (MMR), MHADA has announced the sale of 6,248 flats under the Pradhan Mantri Awas Yojana (PMAY-Urban) in Thane. The prices have been revised, offering both increases and decreases depending on the location.
Real Estate Maharashtra
MHADA Cuts Prices for 6,200+ PMAY Flats in Thane for EWS
Good news for Thane homebuyers: MHADA has reduced the prices of over 6,200 affordable homes in Shirgaon and Khoni under the PMAY-Urban scheme for the Economically Weaker Section (EWS).
Real Estate Pune
MHADA Launches E-Auction for Commercial and Office Units; Unsold Flats to Be Offered on First-Come Basis
The Maharashtra Housing and Area Development Authority (MHADA) is set to conduct an e-auction for 52 commercial shops and 28 office units across five districts. Additionally, unsold residential flats from previous lotteries will be allocated on a first-come, first-served basis.
Real Estate Pune
Pune: Tribal Family Left Homeless After PMAY House Demolition at Sinhagad
A tribal family, residing at Sinhagad Fort for seven generations, has been left homeless after their PMAY-registered home was demolished during an anti-encroachment drive. The family, which depends on selling refreshments to tourists, is now sheltering under plastic sheets amid heavy rains.
real estate news
Navin’s Starwood Towers 3.0 Wins PMAY Award for Third Consecutive Time
Navin’s, a leading real estate developer in South India, has been awarded the prestigious Pradhan Mantri Awas Yojana (PMAY) award for the third time, recognizing its exceptional contribution to the affordable housing sector with the Navin’s Starwood Towers 3.0 project.
Real Estate Maharashtra
Navin’s Starwood Towers 3.0 Wins PMAY Award for Affordable Housing
Navin’s, a prominent South Indian real estate developer, has been awarded the PMAY (Pradhan Mantri Awas Yojana) award for its innovative and affordable housing project, Starwood Towers 3.0.
real estate news
Navin’s Real Estate Wins PMAY Award for Third Consecutive Year
Navin’s, a leading real estate developer in South India, has received the prestigious Pradhan Mantri Awas Yojana (PMAY) award for the third consecutive year, recognizing its exceptional contribution to the housing sector.
real estate news
Anant Nagar Yojna: Transforming Urban Living in Lucknow with Smart and Affordable Housing
The Lucknow Development Authority (LDA) is spearheading the Anant Nagar Yojna, a transformative project that aims to develop 800 acres of land into a smart, affordable housing complex. This initiative includes EduTech zones, green parks, and integration with the Pradhan Mantri Awas Yojana (PMAY), promising a future-ready urban living experience.
Real Estate Pune
Pune Leads the Way in Home Delivery Growth for 2024-25
Pune has recorded the highest growth in home deliveries among major Indian cities, thanks to the efforts of the Real Estate Regulatory Authority (RERA) in improving project delivery timelines.
Real Estate Mumbai
Affordable Housing in Decline: Shift in Focus to Premium Sectors Raises Concerns
An in-depth analysis of the real estate market in major Indian cities reveals a concerning shift away from affordable housing, with developers increasingly focusing on premium segments. This trend poses significant challenges for the Prime Minister's Affordable Housing for All (PMAY) initiative.
Real Estate Pune
Affordable Housing in Decline: Real Estate Shifts Focus to Premium Segments
An in-depth analysis reveals that affordable housing projects under PMAY are declining as the real estate sector in major Indian cities shifts its focus towards premium segments, affecting thousands of low-income families.
real estate news
Real Estate Sales Growth Levels Off Amid Affordable Housing Focus
The real estate sector's sales growth has plateaued after a strong run, with the government's continued emphasis on affordable housing, particularly through the PMAY-Urban scheme, driving significant allocations.
Real Estate
Delhi's Real Estate Crisis: A ₹1 Crore Debt to Stay in the Capital
A viral social media post has shed light on the dire housing situation in Delhi, where many residents are forced to take on overwhelming debt to secure a place to live. The post highlights the growing gap between income and housing affordability, which has sparked widespread debate about the state of the real estate market in the capital.
real estate news
Housing Market Thrives: Prices Set to Outpace Inflation in 2023
In a recent interview, CREDAI President Irani emphasizes that the Indian housing market remains robust, with no signs of demand slowdown. Prices are expected to grow at a rate higher than the inflation rate this year.