Browsing Tag

PMAY

21 posts
Affordable housing

Affordable Housing Crisis: Will Budget 2025-26 Turn the Tide?

India’s affordable housing segment, once a cornerstone of the real estate market, has witnessed a sharp decline, with its supply share dropping from 40% in 2018 to just 16% in 2024. Anuj Puri, Chairman of ANAROCK Group, highlights how changing buyer preferences, rising input costs, and diminishing government incentives have impacted this critical sector. With the Union Budget 2025-26 around the corner, there is hope that decisive policies and renewed focus could revive affordable housing and restore balance to the housing market.
CIDCO

CIDCO’s Hits 1,00,000 Applications, Registration Extended Until December 26

CIDCO’s “My Preferred CIDCO Home” scheme has reached a milestone of 1,00,000 applications for its 26,000 affordable homes. The registration deadline has been extended to December 26, 2024, allowing more citizens to apply and providing them additional time to gather necessary documents.
MHADA

MHADA To Hold Street Plays, Stall at Railway Station To Get buyers for Homes

The Konkan Housing and Area Development Board of MHADA has launched a campaign to promote the sale of flats under its First-Come, First-Serve scheme for EWS, LIG, and MIG categories. The campaign includes 29 stalls set up across key locations to assist with registration and provide project details from December 2 to 11, 2024.
CIDCO

CIDCO’s Scheme Receives 92,000 Applications for 26,000 Homes

CIDCO’s “Select My CIDCO Home” Mass Housing Scheme has generated tremendous interest, with 92,000 applications received for 26,000 affordable homes across Navi Mumbai. The registration deadline has been extended to December 11, 2024, providing more time for eligible applicants to secure their chance to own a home in one of the city’s most well-developed locations.
Modi wants to build 3 crore homes for urban and rural poor

Maharashtra Government Allocates ₹8,100 Crore for PMAY (Urban) 2.0

The Maharashtra government has announced an allocation of ₹8,100 crore for the implementation of Pradhan Mantri Awas Yojana (Urban) 2.0. This initiative aims to provide affordable housing to urban residents, offering financial subsidies to eligible homebuyers. To qualify, applicants must not own any residential property in the country