Maharashtra Releases ₹33 Crore Under PMAY-U 2.0 for SC Beneficiaries: Funds for 3,302 Individual House Constructions

Maharashtra government has released ₹33.02 crore under PMAY-U 2.0 to support 3,302 Scheduled Caste families in building their own pucca houses across urban areas. The funds, part of the Beneficiary-Led Construction vertical, mark a key step in targeted housing assistance for urban poor.

Realty Stocks Open Mixed as Dalal Street Slips; Sector Trades Defensive in Early Session

Real estate stocks began Friday’s session cautiously as Indian markets opened lower amid global weakness. While select developers showed resilience, overall sector sentiment remains fragile, pointing to a volatile trading day for realty counters.

BMC Takes Over Slum Rehabilitation Project in Malad East After High Court Upholds Cancellation of Private Developer’s NOC

In a landmark ruling, the Bombay High Court has cleared the path for the BMC to take direct control of a Malad East slum rehabilitation project, rehabilitating eligible dwellers at its own expense after cancelling a private developer’s NOC for non-compliance. The decision prioritizes public amenities on civic land and highlights landowner rights in Mumbai’s redevelopment landscape.

India’s Tier-2 Real Estate Market in Freefall: Housing Sales Plunge 10%, Launches Tumble 6%

India’s tier-2 real estate is in sharp decline, with 2025 sales volumes down 10% to 1,56,181 units and new launches slipping 6%, as rising prices push affordable homes out of reach and drive premiumisation across cities.

Mumbai Housing Market Slipping: Registration Fall, Rs 1 Cr Homes Disappearing From Market

Mumbai’s housing market has started 2026 with a sharp drop in registrations and a worrying fall in affordable home purchases, signalling rising affordability pressure and weakening buyer activity.