real estate news
New CPI Series from February 2026 to Include Rural Housing Inflation
The Central Statistics Office (CSO) has announced that the new Consumer Price Index (CPI) series, starting from February 2026, will include rural housing inflation. This move aims to provide a more comprehensive view of inflation, capturing the nuances of both urban and rural markets.
real estate news
RBI Imposes Monetary Penalty on Mahindra Rural Housing Finance Limited
The Reserve Bank of India (RBI) has imposed a monetary penalty on Mahindra Rural Housing Finance Limited under Section 52A of the National Housing Bank Act, 1987. This action comes as a regulatory measure to ensure compliance with banking and housing finance norms.
Real Estate Maharashtra
Maharashtra Announces Additional Rs 50,000 Subsidy for PMAY-Rural Homes
Maharashtra has announced a significant boost for rural home construction under the Pradhan Mantri Awas Yojana (PMAY) with an additional Rs 50,000 subsidy. This move is expected to accelerate the construction of affordable homes in rural areas, enhancing
Real Estate Maharashtra
Significant Progress in PMAY-G: Over 39.82 Lakh Houses Sanctioned in 2024-25
The Indian government has made significant strides under the Pradhan Mantri Awas Yojana - Gramin (PMAY-G) scheme, sanctioning over 39.82 lakh houses in the 2024-25 fiscal year. This initiative aims to provide housing for all rural households by 2022, ensu
real estate news
Mahindra Finance Restructures Housing Finance Arm: Focus Shifts to Mid-Market and Prime Mortgages
Nearly 17 years after entering the affordable housing market, Mahindra and Mahindra Financial Services is undergoing a significant restructuring of its housing finance business. The focus is now on mid-market and prime mortgages to de-risk and diversify t
real estate news
Star Housing Finance Sees Remarkable 70% Revenue Growth in Q1 2024-25
Housing Finance, Home Loans, Real Estate, Semi-urban Housing, Rural Housing