Omaxe Completes Key Projects in Chandigarh & Prayagraj, Fully Repays SWAMIH Funding

Omaxe Group has completed major construction milestones in New Chandigarh and Prayagraj while fully repaying the SWAMIH Fund from internal cash flows. The achievement underscores the developer’s financial discipline, strong sales performance, and commitment to timely project execution.

Relocate Slum Dwellers into Unsold Flats: Praja Foundation’s Citizens’ Manifesto Demands

Praja Foundation’s Citizens’ Manifesto urges relocating slum dwellers to unsold housing to ease density, while pushing for pothole-free roads, equitable water supply, open data portals, and digital citizen forums to drive accountable municipal governance in Maharashtra.

📰 “An Average Homebuyer Now Needs Half the Years of Income to Buy a Home Compared to 15 Years Ago”

A new report shows homebuyers in India now need almost half the number of years of income to purchase a home compared to 2010. With incomes rising faster than property prices and housing loans growing 10X, affordability has significantly improved across all Tier I cities.

🏗️ Realty Stocks Open on a Soft Note as Market Sentiment Stays Cautious; Sector Awaits Fresh Cues

Realty stocks opened the morning session on a cautious note, with large developers stable and mid-caps under pressure. The sector remains in consolidation as markets await fresh triggers.

Homebuyers Come Before Banks: MahaRERA Pulls Bank For Ignoring Homebuyers While Lending Money to Builder

In a landmark ruling in the Ashish Sea View case, MahaRERA has declared that homebuyer rights take precedence over banks’ SARFAESI claims. The authority criticised lenders for failing to verify third-party rights and directed them to conduct thorough due diligence before granting project loans. The order significantly strengthens protections for Maharashtra homebuyers.