Browsing Tag

Housing for all

16 posts
ANAROCK’s AI data shows ₹50L–₹1Cr homes dominating buyer demand between 2022 and 2024, older age groups leading purchases, and brokers gaining importance as digital leads decline.

Now You Can Track Every Home Being Built in Maharashtra

With the launch of SHIP (State Housing Information Portal), Maharashtra will become the first Indian state to provide real-time tracking of all housing projects across the public and private sectors. Citizens can now see how many homes are being built, where, and for whom—bringing radical transparency to urban development and housing schemes.
MHADA

MHADA Floats Tender for Redevelopment of Jogeshwari’s PMGP Colony; Residents to Receive 450 Sq. Ft. Homes

MHADA has initiated the tender process for the long-pending redevelopment of PMGP Colony in Jogeshwari (East), Mumbai. Nearly 1,000 families living in 180 sq. ft. units will soon be rehabilitated into modern 450 sq. ft. homes. After delays with a private developer, MHADA will now execute the project through an EPC contractor over the next three and a half years.
India's booming housing sector

Maharashtra’s Revolutionary Housing Policy 2025 Approved: 35 Lakh Homes, AI Portal, Focus on Slum Redevelopment

The Maharashtra Cabinet has approved the State Housing Policy 2025, targeting 35 lakh affordable homes by 2030 with an investment of ₹70,000 crore. The policy includes a centralized AI-based housing portal, cluster redevelopment of slums, land bank creation, and dedicated housing plans for various segments including working women, students, and industrial workers. Deputy CM Eknath Shinde described it as a transformative step for housing and the state’s economic growth.

Bombay HC GST Relief Verdict Could Unlock Rs. 30,000 Cr Redevelopment Potential in Mumbai

The recent Bombay High Court ruling in the Shrinivasa Realcon case has clarified that GST does not apply to redevelopment projects where no transfer of development rights or FSI occurs. CREDAI-MCHI says this verdict could unlock over ₹30,000 crore worth of stalled redevelopment in Mumbai, urging policymakers to act swiftly on GST clarity to rejuvenate the city’s aging housing stock.
Nirmala Sitharaman to present the union budget

Developers Look to Union Budget 2025-26 for Growth-Oriented Real Estate Policies

As the Union Budget 2025-26 approaches, the real estate sector is optimistic about reforms to boost growth, address urban housing challenges, and improve homebuyer confidence. Developers advocate for raising the price cap on affordable housing, increasing PMAY allocations, providing tax benefits, and promoting sustainability initiatives to transform India’s urban landscape.