If you are one of those looking for a home under the Pradhan Mantri Awas Yojana (PMAY), then there is good news for you. The Modi government has approved the proposal to provide 3 crore additional rural and urban houses under PMAY. “The Cabinet has decided to further expand the Pradhan Mantri Awas Yojana and construct 3 crore additional rural and urban houses. This decision underscores the government’s commitment to addressing the housing needs of our nation and ensuring that every citizen leads a better quality of life.

The government is set to expand its housing initiative under the Pradhan Mantri Awas Yojana (PMAY), with plans to construct 3 crore additional rural and urban houses. This decision was made during the first cabinet meeting of the new administration, highlighting the government's focus on continuing a welfare-focused agenda aimed at providing affordable housing to low-income families across the country.

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Realtors' apex bodies CREDAI and NAREDCO have requested a reduction in the repo rate in the next monetary policy meeting to lower home loan interest rates and enhance demand for residential properties. The Reserve Bank of India (RBI) decided to maintain the current repo rate. 

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Amaravati – Telugu Desam Party (TDP) supremo Chandrababu Naidu’s dream capital of Andhra Pradesh – has got a new lease of life with his return to power in the state after five years, and it comes at a cost higher than previously estimated. According to industry estimates, about Rs 40,000 crore will now be required to build infrastructure and various government buildings in the city on the Krishna riverbank, nearly double the Rs 21,000-crore expenditure estimated by the Andhra Pradesh Capital Region Development Authority (APCRDA) during Naidu’s previous stint as the chief minister.

The government is set to expand its housing initiative under the Pradhan Mantri Awas Yojana (PMAY), with plans to construct 3 crore additional rural and urban houses. This decision was made during the first cabinet meeting of the new administration, highlighting the government's focus on continuing a welfare-focused agenda aimed at providing affordable housing to low-income families across the country.

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Hours after taking office for a third consecutive term, Prime Minister Narendra Modi's new Union Cabinet announced its first major policy decision to provide assistance for the construction of an additional three crore rural and urban houses under the Pradhan Mantri Awas Yojana (PMAY). This, say real estate experts, is aimed at ensuring continuity to the Housing for All scheme and will help revive the affordable housing segment.

The real estate sector hopes that the new government will continue to focus on infra development, affordable housing, streamlining of the regulatory framework, single window clearance mechanism and rationalization of taxes to stimulate investment and growth in the sector.

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NAREDCO MAHI, the women’s wing of NAREDCO, has announced third NAREDCO MAHI Convention, scheduled for June 14, 2024, at the prestigious Hotel Taj Mahal, Man Singh Road, New Delhi. This year’s theme, ‘Sustain Her’, highlights the critical role of gender integration in the real estate and allied industries, aligning with the organization’s vision to enrich, empower, educate, and encourage women’s participation.

NAREDCO MAHI a women's wing of NAREDCO proudly announces the 3rd NAREDCO MAHI Convention, scheduled for June 14, 2024, at the prestigious Hotel Taj Mahal, Man Singh Road, New Delhi. This year's theme, "Sustain Her," highlights the important role of gender integration in the real estate and allied industries, reflecting the organization's vision to enrich, empower, educate, and encourage women's participation.

NAREDCO MAHI a women's wing of NAREDCO proudly announces the 3rd NAREDCO MAHI Convention, scheduled for June 14, 2024, at the prestigious Hotel Taj Mahal, Man Singh Road, New Delhi. This year's theme, "Sustain Her," highlights the important role of gender integration in the real estate and allied industries, reflecting the organization's vision to enrich, empower, educate, and encourage women's participation.