Browsing Tag

Affordable housing

119 posts
Runwal

Runwal Enterprises Files for ₹1,000 Crore IPO to Expand Real Estate Footprint

Runwal Enterprises Limited, a major player in Mumbai’s real estate sector, has filed for a ₹1,000 crore IPO with SEBI. The funds will support debt repayment, investment in subsidiaries, and expansion into future real estate projects. The company’s financial performance shows significant growth, driven by revenue from residential projects.
MHADA

MHADA Sets Target to Construct 19,497 Houses in FY 2025-26

The Maharashtra Housing and Area Development Authority (MHADA) has set a target to construct 19,497 housing units across the state in the financial year 2025-26. With a budget allocation of ₹15,951.23 crore, Mumbai alone will see 5,199 new units, focusing on key redevelopment projects like BDD Chawl, Goregaon Siddharth Nagar, and more.
India's booming housing sector

India’s Housing Loan Market Expands to ₹33.53 Lakh Crore, Registers 14% YoY Growth

India’s housing sector continues its upward trajectory, with the National Housing Bank (NHB) reporting that outstanding individual housing loans surged to ₹33.53 lakh crore as of September 30, 2024—a 14% YoY increase. The report highlights the evolving homebuyer preferences, regional credit disparities, and the impact of government schemes like PMAY and UIDF. With urbanization and digitization reshaping the real estate landscape, the sector remains poised for sustained growth in the coming years.
MHADA

MHADA Extends Deadline for Lottery Applications

The Nashik Board of MHADA has extended the deadline for submitting applications for 502 flats under the 20% inclusive housing scheme. Applicants can now apply online until March 20, 2025, with EMD payments accepted until March 21. The lottery draw date will be announced soon. Interested buyers must apply only through MHADA’s official website to avoid fraud.
Bharat Nagar

Supreme Court Clears Redevelopment of Bharat Nagar Slum in Bandra

The Supreme Court has ruled in favor of the redevelopment of Bharat Nagar slum in Bandra, dismissing objections raised by certain residents. The judgment confirms that the area qualifies for redevelopment under the Slum Rehabilitation Authority (SRA) regulations. Saarathi Realtors played a significant role in overcoming legal challenges, ensuring that the project can proceed without further delays.