Budget 2026 real estate wishlist: NAREDCO seeks higher affordable housing cap, rental housing incentives

Ahead of Budget 2026, real estate industry body NAREDCO on January 22 urged the government to revise the definition of affordable housing, recommending that homes priced up to ₹75–80 lakh be classified as affordable, instead of the current ₹45 lakh cap. The association also called on the government to promote rental housing by offering appropriate […]

Samvardhana Motherson unit wins incentives in India’s $2.7 billion electronics push| Business News

Samvardhana Motherson International Ltd. (SAMIL) has secured government incentives to manufacture consumer electronics parts, in what can be seen as diversification by one of India’s auto components manufacturers. India’s Electronic Component Manufacturing Scheme incentivises the domestic production of PCBs, camera modules, and enclosures. (Bloomberg) Motherson Electronic Components Pvt. Ltd., a wholly owned unit, has secured […]