Virat Kohli and Anushka Sharma completed a major deal by purchasing a five-acre land parcel in Alibaug -- a coastal town located around 100 kms from Mumbai.
The fiscal tilt towards capex benefits companies in investment-related sectors like capital goods, defence equipment, engineering & construction and metal & mining. The planned cut in revenue expenditure will weigh on companies in consumption sectors like FMCG, consumer durables and retail.
Pawar's Nationalist Congress Party is part of the BJP-led Mahayuti but the two parties are fighting the Pune and Pimpri Chinchwad civic polls separately.
Prime Minister Narendra Modi attacked the ruling Left and Congress in Kerala, raising the Sabarimala gold loss issue and accusing the Congress of aligning with hardline elements. He urged voters to choose the BJP for development and good governance.
Opposition members trooped to the well of the House raising slogans against the government from dropping Mahatma Gandhi's name from the rural jobs initiative and tearing copies of the G RAM G Bill and flinging it towards the chair.
'For the remaining Maoist cadres, they shall soon confront one of two outcomes: Either surrender or face neutralisation.'
A series of decisions were taken under the Public Health Department, including an approval to increase honoraria for field-level workers engaged under the Ayushman BharatPradhan Mantri Jan Arogya Yojana and Mahatma Jyotirao Phule Jan Arogya Yojana.
India's housing finance sector is riding a wave of post-pandemic revival, driven by policy support, digital innovation, and growing demand from younger homebuyers in emerging cities.
'I fail to understand why when Rahul Gandhi himself gave me hope that I would contest the polls, how come other Congress leaders did not consider my name?'
The Union Cabinet, chaired by the Prime Minister Narendra Modi, on Friday approved the proposal of the Department of Rural Development for construction of two crore more houses under the Pradhan Mantri Awas Yojana - Gramin (PMAY-G). The Cabinet approved the 'Implementation of the Pradhan Mantri Awas Yojana-Gramin during FY 2024-25 to 2028-29,"which prescribes for the construction of two crore more houses at existing unit assistance of Rs 1.20 lakh in plain areas and Rs 1.30 lakh in North Eastern Region States and Hill States of Himachal Pradesh, Uttarakhand, Union Territories of Jammu & Kashmir and Ladakh, according to an official statement.
Part-I of this three-part series dives into Delhi-NCR's SPR, Sohna, Dwarka Expressway, and Jewar Airport leading the charge.
Prime Minister Narendra Modi announced a Rs 1,600-crore assistance package for flood-hit Punjab after reviewing the damage. He also announced ex gratia for the deceased and injured. The state is battling its worst deluge since 1988.
Bharatiya Janata Party National general secretary Tarun Chugh said on Sunday that the BJP government does not work for the people by asking their religion and added that they are fulfilling the message of Prophet Muhammad by empowering Muslim women.
Prime Minister Narendra Modi on Friday sounded the poll bugle in Bihar, where assembly elections are due this year, calling for 'an NDA government, once again', which would protect the state from the 'evil intentions' of the Rashtriya Janata Dal-Congress combine.
The move is to align affordable housing finance flows to the increase in property costs and inflation, says Raghu Mohan.
While demand for sub Rs 50-lakh affordable housing prevails, market players cite increased land rates, escalated construction costs and low margins as key prohibiting factors.
The Pradhan Mantri Awas Yojana-Grameen has the highest unutilised amount (Rs 13,111 crore) compared to any other centrally sponsored scheme.
'Unless banks focus on the Rs 10-15 lakh loan segment, growing affordable housing will remain a challenge.'
'Many of them are mutilated beyond recognition. Every day an encounter takes place.' 'Bastar has been burnt to ash.'
Lok Sabha on Monday turned into a battleground for the Delhi assembly polls with Bharatiya Janata Party member Ramvir Singh Bidhuri launching an all-out attack on the Aam Aadmi Party government, alleging that they 'looted' the national capital and turned it into 'hell'.
'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'
The Rural Development Ministry has been allocated Rs 1.88 lakh crore in the Union Budget for 2025-26, around 5.75 per cent more than the allocation in the previous budget.
Modi accused the JMM, Congress and RJD of using Bangladeshi infiltrators for "vote bank politics," facilitating their settlement in Jharkhand, which is a threat to the state's social structure.
Prime Minister Narendra Modi on Wednesday vehemently defended Home Minister Amit Shah against the Congress' accusation that he insulted B.R. Ambedkar in a Rajya Sabha speech. Modi asserted that Shah had actually exposed the Congress' "dark history of insulting" the architect of the Indian Constitution. The prime minister went on to detail a litany of actions by the Congress party that he claimed demonstrated their disrespect for Ambedkar, including denying him a Bharat Ratna and preventing his portrait from being displayed in Parliament's Central Hall. He also criticized the Congress for failing to address the plight of marginalized communities during their time in power. Modi highlighted the efforts of his government in implementing Ambedkar's vision and honoring his legacy.
As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.
A fresh survey to identify a minimum of eight million new beneficiaries of the flagship rural housing scheme, in addition to the 12 million already identified, will use the latest face-recognition tools to minimise gaps, a senior official said on Tuesday. The survey, which has already started across the country for building the fresh 20 million new rural houses over the next five years, can also be done by the beneficiary himself/herself as well through the Awaassoft mobile application specially created for this purpose.
The government on Tuesday announced central assistance of Rs 2.2 lakh crore over the next five years to meet housing requirement of 1 crore urban poor and middle class families under the Pradhan Mantri Awas Yojana-Urban and proposed interest subsidy to provide loans at affordable rates. In her Budget speech, Finance Minister Nirmala Sitharaman said, "Under the PM Awas Yojana Urban 2.0, housing needs of 1 crore urban poor and middle-class families will be addressed with an investment of Rs 10 lakh crore." "This will include the central assistance of Rs 2.2 lakh crore in the next 5 years," she added.
Finance Minister Nirmala Sitharaman on Tuesday said the government plans to raise capital gains exemption limit on certain financial assets to Rs 1.25 lakh per year for middle and upper middle class.
Norms flouted, non-BPL families cornered grants, say rural development ministry's reports.
Noted housing finance expert Deepak Parekh will head an eight-member committee appointed on Tuesday by the ministry of housing and urban poverty alleviation to discuss the draft guidelines of government's ambitious Rajiv Awas Yojana which aims to make the country slum-free.
The finance minister clarified that indexation benefits offered until April 1, 2001 would be protected. This means older properties, including legacy assets, would benefit.
'Focus will be on smaller loan amounts to meet the needs of affordable homebuyers.'
The Union Cabinet in its first meeting under the chairmanship of Prime Minister Narendra Modi on Monday approved government assistance for the construction of three crore houses under the Pradhan Mantri Awas Yojana (PMAY). This was the first meeting of the Union Cabinet of Modi 3.0 government held at the Prime Minister's 7, Lok Kalyan Marg residence.
Shah, while releasing the saffron party's manifesto 'Sankalp Patra' for the upcoming assembly elections in Jharkhand, announced that a Displacement Commission would be formed to ensure rehabilitation of people displaced by industries and mines in the state.
The Union Cabinet in its first meeting under the chairmanship of Prime Minister Narendra Modi on Monday approved government assistance for the construction of three crore houses under the Pradhan Mantri Awas Yojana (PMAY).
He asserted that it was time to "throw such forces out" to protect "mati, beti, roti" (land, daughter, bread).
Banerjee said her microphone was stopped after five minutes, while other chief ministers were allowed to speak for longer durations.
Mortgage finance remains a structural growth opportunity in India with a policy focus on affordable housing, housing shortages, low mortgage penetration, and rising incomes as drivers. Affordable Housing Finance Companies (AHFCs) serve the mass market, low-income segments, which is the least-serviced category, and to operate in this segment, the mortgage provider needs good assessment skills. AHFCs and HFCs have also been increasing exposure in other mortgage segments (loan against property, developer loans among others).
In accordance with Supreme Court directives to the states, the Madhya Pradesh cabinet approved MP Mob Lynching Victim Compensation Scheme 2023, said minister for medical education Vishwas Sarang after the cabinet meeting.
'There is no immediate threat to the government, and they would prefer the growth agenda.'
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