Budget 2026–27 reinforced the government’s urbanisation push, prioritising infrastructure development in tier-II and tier-III cities. The renewed emphasis on these cities is expected to create an additional growth lever for the real estate sector alongside tier-I markets, said real estate experts. Budget 2026: CREDAI welcomed the government’s infrastructure push but said it was “deeply disappointed” […]
Under the two phases of the flagship Pradhan Mantri Awas Yojana–Urban (PMAY-U), aimed at addressing the urban housing shortage, a total of 122.06 lakh homes have been sanctioned, of which 96.02 lakh have been delivered to beneficiaries across the country as of November 24, 2025, the Economic Survey 2025-2026 said on January 29. Economic Survey […]
Affordable housing is at the top of the real estate sector’s wishlist ahead of Union Budget 2026, with industry players urging the government to revise the ₹45-lakh price cap, arguing that it no longer reflects urban market realities. Developers say it is virtually impossible to build a modest two-bedroom home with basic amenities within this […]
The Enforcement Directorate on Jan 9 filed a chargesheet against a promoter of Gurugram-based realty firm and some others as part of a money laundering probe into an alleged fraud with homebuyers under the Pradhan Mantri Awas Yojana (PMAY). The ED has filed a chargesheet against a promoter of Gurugram-based realty firm and others as […]