Real Estate Maharashtra
Full-fare Subsidies for Women in Local Buses Yield Better Results in Delhi and Karnataka
A recent study reveals that full-fare subsidies for women on local buses in Delhi and Karnataka have led to significant improvements in women’s mobility and employment, outperforming partial subsidies in Maharashtra.
Real Estate
Decline in Affordable Housing: Challenges for Developers
The sales of affordable homes have dropped to just 18% of total sales in 2024, down from 38% in 2019, according to Anarock Property Consultants. High land costs and construction expenses are key barriers for private developers.
Real Estate
UP Government to Launch PMAY 2.0 for Housing Subsidies
The Uttar Pradesh government is set to launch the Pradhan Mantri Awas Yojana (PMAY) 2.0 to provide housing subsidies and improve living conditions for the economically weaker sections of society. The new scheme aims to build more houses and offer substant
Real Estate
Construction Costs Jump 11% in 2024, Fueled by Rising Labor Expenses
As of October 2024, construction costs in the residential sector have witnessed a significant 11% year-on-year surge, primarily driven by escalating labor expenses. This increase has put additional pressure on homeowners and developers alike, leading to a
Real Estate Maharashtra
Maharashtra's New Housing Strategy: Affordable, Eco-Friendly Homes with Subsidies
The Maharashtra government has unveiled a new housing strategy to promote affordable and eco-friendly homes with subsidies, announced during the Ease of Doing Redevelopment (EoDR) exhibition.