affordable housing

Jammu, March 27 The Jammu and Kashmir government on Friday said that more than 31,000 houses have been completed under the Pradhan Mantri Awas Yojana (PMAY) since the scheme's inception, while several units that are under construction are largely due to constraints related to beneficiaries...

The National Housing Bank has launched the Gruh Sugam Portal to promote a cost-effective housing finance system. The portal enables Defence and Government personnel to easily obtain home loans from their place of posting. The Ministry of Finance stated that this portal will accelerate the...

New Delhi, March 26 The National Housing Bank (NHB), the apex agency established by the government to promote an affordable housing finance system, has launched the Gruh Sugam Portal.The portal enables defence/government personnel to easily obtain home loans from their posting location, NHB...

Chandigarh, March 24 The Haryana Cabinet on Tuesday approved an amendment to the Affordable Housing Policy-2013 and decided to increase the allotment rates for apartment units under affordable group housing projects by 10-12 per cent.The Cabinet, which met here under the chairmanship of Chief...

New Delhi, March 20 Tathastu Realty will invest ₹500 crore to develop an affordable housing project in Rewari, Haryana.In a statement on Friday, the company said it will develop 3,354 flats in accordance with Haryana's affordable housing policy guidelines.The company will invest ₹500 crore...

New Delhi, March 16 State-owned Union Bank of India said on Monday that its board has approved a proposal to raise ₹20,000 crore by issuing infrastructure bonds to fund various projects.The committee of Directors for fund raising (Non-Capital) has approved the issuance of long-term bonds...

New Delhi, March 16 PNB Housing Finance announced a partnership with India Mortgage Guarantee Corporation (IMGC) on Monday to provide responsible access to home loans for the affordable housing segment.The partnership will enable PNB Housing to offer its affordable home loans through IMGC's...

New Delhi, March 11 Minister of State for Women and Child Development Savitri Thakur highlighted India's progress towards women-led development and reaffirmed the country's commitment to advancing gender equality and strengthening access to justice at a United Nations event in New York...

New Delhi, March 9 Truhome Finance, backed by private equity major Warburg Pincus, filed preliminary papers with the market regulator Sebi on Monday to raise ₹3,000 crore through an initial public offering (IPO).According to the draft red herring prospectus (DRHP), the housing finance...

Mumbai, March 6 – In the Maharashtra State Budget for 2026-27, Chief Minister Devendra Fadnavis on Friday outlined a major shift in urban governance, projecting that 70 per cent of the state’s population will live in urban areas by 2047 and contribute nearly 80 per cent of Maharashtra’s GDP...

Mumbai, March 4 Motilal Oswal Home Finance announced on Wednesday that it has signed an agreement to raise USD 100 million in non-convertible debentures (NCDs) from the Asian Development Bank (ADB) to expand lending to women borrowers and promote green-certified affordable housing projects.The...

Shillong, March 4 In a heartwarming gesture on Holi, an IAS officer set aside festive celebrations to help paint the newly built home of a woman beneficiary of the Pradhan Mantri Awas Yojana in the remote Myrkhan village of Meghalaya.Swapnil Tembe, who holds the position of secretary in the...

During his visit to Puducherry, Prime Minister Narendra Modi criticized the Congress and DMK governments, alleging that their rule was marked by political instability, corruption, and that the territory was an "ATM for one family" in Delhi. He also criticized the previous Congress regime in...

New Delhi, February 27 IIFL Home Finance announced on Friday that it has signed a $300 million loan agreement with the Asian Development Bank (ADB) to improve access to affordable housing finance for low-income borrowers, particularly women.This loan marks IIFL Home Finance's first syndicated...

Patna, February 26 The Comptroller and Auditor General (CAG) of India has raised concerns about irregularities in the implementation of the PMAY-G scheme in Bihar, with allegations ranging from approving houses for children to geotagging houses in Delhi and Jharkhand.The report was presented...

Mumbai, February 25 A committee, comprising an official of the Additional Chief Secretary rank from the Urban Development Department, will investigate the alleged housing fraud in Navi Mumbai, Minister Uday Samant announced in the legislative council on Wednesday.The inquiry will examine...

New Delhi, February 23 Around 2.88 lakh houses were sanctioned under the Pradhan Mantri Awas Yojana (Urban) 2.0 on Monday, according to an official statement.According to the Union Housing and Urban Affairs Ministry, with the latest approval of 2,87,618 houses, the total number of sanctioned...

New Delhi, February 23 – The government announced on Monday that a total of 2.88 lakh additional houses have been sanctioned under the Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0).With the latest approval of 2,87,618 houses, the total number of sanctioned houses under the PMAY-U 2.0...

Nagpur, February 21 Union Minister Nitin Gadkari advocated for construction designs that take into account the purchasing power of people, asserting that the greatest need at present is for low-cost and affordable housing.He was addressing a gathering at the 'Design Showcase and Confluence...

New Delhi, February 14 Union Minister Manohar Lal indicated on Saturday that a dedicated fund could be established to revive stalled housing projects approved prior to the implementation of RERA, in line with broader industry suggestions to ensure a win-win settlement for both promoters and...