Browsing Tag

Government Schemes

3 posts
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.

Maharashtra Government Revises Urban Tribal Settlement Improvement Scheme

The Maharashtra government has revised the Nagari Adivasi Vasti Sudharana Yojana, removing the ₹25 lakh funding cap for urban tribal settlements. Now, financial assistance will be based on project quality and municipal requirements, with approvals granted by the state government. The scheme aims to improve infrastructure and living conditions for tribal communities across Maharashtra.
MHADA

MHADA Konkan Board Announces Lottery for 12,626 Housing Units and Plots

The Konkan Housing and Area Development Board (MHADA) has announced a lottery for 12,626 housing units across multiple regions, including Thane and Palghar, with registration commencing on October 11, 2024. The lottery aims to provide affordable housing options, with 11,187 units available under the First-Come, First-Served scheme. The draw for eligible applicants is scheduled for December 27, 2024.