Housing Scheme

India needs new livelihood architecture, not more schemes: Report

Climate resilience, despite being the defining challenge of the next decade, has not been mainstreamed into livelihood design

DDA launches second phase of Jan Sadharan Awaas Yojana housing scheme

The Delhi Development Authority (DDA) has launched the second phase of the Jan Sadharan Awaas Yojana housing scheme, offering around 1,500 affordable flats across well-connected areas of the city, officials said on Saturday. The scheme, launched on November 7, offers flats under the low-income group and economically weaker section (EWS) categories, located across key areas of Delhi like Shivaji Marg, Ramgarh Colony, Rohini, and Narela. "All flats in Rohini, Ramgarh Colony, and Shivaji Marg were booked on the first day itself," the DDA said in a statement. Overall, more than 1,000 flats were booked within the first 24 hours, reflecting the continued public enthusiasm and confidence in DDA's affordable housing programmes, it said. Lieutenant Governor V K Saxena, who reviewed the progress of the scheme, expressed satisfaction with its implementation and the overwhelming positive response it has received from the public, according to the statement. "He appreciated the DDA's efforts in

'A lot of changes will prevail in our lives': PM Awas Yojna beneficiaries

Earlier in the day, Prime Minister Narendra Modi launched a series of development projects worth over Rs 33,700 crore in Chhattisgarh's Bilaspur

Mt K Kapital plans second real estate fund with Rs 2,500 crore corpus

Mt. K Kapital, a real estate-focused investment platform, plans to set up its second fund with a corpus of around Rs 2,500 crore to finance housing projects across major cities. Mumbai-based Mt. K Kapital is a real estate focused fund management company with SEBI approved Category II Alternative Investment Fund (AIF) license. "Our first fund closed at a total corpus of Rs 790 crore. We have deployed close to 50 per cent of the fund in five projects," Mt. K Kapital Founder and Managing Director Binitha Dalal told PTI. These five projects, with a total developable area of 7 lakh square feet, are located in Mumbai Metropolitan Region (MMR) and are being developed by Keystone Realtors Ltd that operates under the 'Rustomjee' brand. "We intend on committing the balance fund by the end of this year," she said. Asked about the future plan, Dalal said its AIF is a development fund platform built with combined skills of development and fund management. "Our second fund shall be at least th

Development projects underway in J-K's Nowshera; PMAY-G surveys done

The Line-of-Control in Nowshera previously faced frequent shelling, which made development work extremely challenging in this region

No PMAY houses for Telangana if Cong names scheme 'Indiramma': Bandi Sanjay

Union Minister Bandi Sanjay Kumar said on Saturday that no houses would be sanctioned by the Centre if the Congress government in Telangana undertook housing for the poor in the name of 'Indiramma'. He said that if the photo of PM Narendra Modi is not included on PDS ration cards and housing scheme documents, a plan would be devised for the central government to directly provide housing and ration cards to the poor. Speaking at an event in Karimnagar, where Corporation Mayor Sunil Rao and others joined the BJP, the Union MoS (Home) said the Modi government is ready to sanction houses to Telangana under the PM Awas Yojana in the upcoming allotment. However, if the Congress government tries to engage in 'gambling' under the name of the 'Indiramma' scheme (named after former PM Indira Gandhi), the Centre will not sanction even a single house, said Sanjay Kumar. He said that photos of CM A Revanth Reddy and Indira Gandhi are displayed on the ration cards, even though PDS rice and other

Industry leaders seek affordable housing, duty relief at pre-Budget meet

The housing and infrastructure sectors were represented by leaders such as Hiranandani Group, Afcons, L&T, and GMR Group

PM Modi to issue over 5.8 million SVAMITVA property cards in virtual event

Over 58 lakh property cards providing 'Record of Rights' will be issued for owners in over 50,000 villages across 12 states and union territories on Friday at a virtual event which will be addressed by Prime Minister Narendra Modi, officials of Panchayati Raj Ministry said on Wednesday. At least 13 union ministers will meanwhile address events in different states where the property cards will be distributed, officials said. SVAMITVA Scheme, which was launched in 2020, aims at providing a "Record of Rights" to every property owner in the Village Abadi area. Officials from the Panchayati Raj Ministry said the virtual event, which will be addressed by the Prime Minister, property cards will be issued to 58 lakh property owners in approximately 50,000 villages across 10 states - Chhattisgarh, Gujarat, Himachal Pradesh, Madhya Pradesh, Maharashtra, Mizoram, Odisha, Punjab, Rajasthan, Uttar Pradesh and two Union Territories- Jammu-Kashmir and Ladakh. Meanwhile, several union ministers w

Mamata launches housing scheme, transfers funds to 1.2 mn beneficiaries

Accusing the Centre of not sending funds for the 'Awas Yojana' for the last three years to the state, West Bengal Chief Minister Mamata Banerjee on Tuesday launched 'Banglar Bari', a scheme funded entirely by her government. She said that over 28 lakh genuine beneficiaries were identified in a survey conducted by the state for the 'Banglar Bari' scheme for which a total of Rs 1.2 lakh would be transferred to them by next December. During the day, funds of Rs 60,000 were transferred to the bank accounts of 12 lakh beneficiaries in the first instalment, the chief minister said. "My life is dedicated to working for people. Today, in the interest of the people of rural Bengal, I launched the 'Banglar Bari' project. The first instalment of Rs 60,000 was transferred directly through the bank to 12 lakh beneficiaries to build houses," Banerjee said. "The Centre had already surveyed around 36 lakh families. We also conducted one survey. A draft list was also published and their claims and

Haryana govt working for basic amenities in colonies under MGGBY: Minister

The Haryana government is actively working on the efforts to provide all the basic amenities in the colonies established under the Mahatma Gandhi Gramin Basti Yojana (MGGBY), Minister Krishan Lal Panwar said in the State Assembly on Tuesday. Regarding the provision of basic amenities such as electricity, water, roads, lanes, and drains in colonies established under the scheme, Panwar assured that the state government is actively working on these efforts. Development and Panchayat Minister Panwar said under this scheme, approximately 4,573 colonies have been established, with basic facilities provided in around 2,250 colonies where settlements have begun. In the past 10 years, a budget of about Rs 320.5 crore has been allocated for this initiative. This includes Rs 94.5 crore for the Electricity Department and Rs 66 crore for the Public Health Engineering Department to ensure the provision of essential services, he said. While responding to a calling attention notice of INLD member

PMAY-G survey to use 'face recognition' tools to identify new beneficiaries

So far, under the scheme, around 29.5 million houses have been sanctioned, out of which around 27 million have already been constructed

DDA schemes offer 40,000 flats in Delhi as part of affordable housing

Agency announces three projects that will offer homes at a starting price of Rs 11.5 lakh

State-owned IIFCL plans to enter affordable housing segment soon

A wholly owned Union government company established in 2006, IIFCL provides long-term financial assistance to viable infrastructure projects

Centre considering widening housing subsidy scope for urban poor under PMAY

In the proposed expansion of the housing scheme, self-employed individuals, shopkeepers, and small traders are likely to be included

Affordable housing to loan subsidies: what is PMAY scheme all about

PMAY aims to provide affordable housing solutions to individuals and families from economically challenged backgrounds, making homeownership more accessible.

NITI Aayog pitches for tax reforms, mandatory saving plan for elderly

Government think tank NITI Aayog has pitched for tax reforms, mandatory saving plan, and housing plan for elderly in India, as the population of senior citizens is projected to reach 19.5 per cent of the country's population by 2050. In a report titled 'Senior Care Reforms in India - Reimagining the Senior Care Paradigm', NITI Aayog said a national portal for senior care must be developed for senior citizens to provide easy access of services to them. "Since the social security framework in India is limited, most seniors depend on the income generated from their savings. Variable interest rates result in the erosion of their income, sometimes even below sustenance levels. "Therefore, a regulatory mechanism is required to set a viable base rate for the interest accrued on senior citizen deposits," the report said. The report emphasised that giving a further concession to older women will contribute to their financial well-being. The elderly in India currently comprises a little ove

Govt working on scheme to help middle-class buy homes: Manoj Joshi

The government is "working on a scheme" to help middle-class people purchase or construct their own houses, Housing and Urban Affairs Secretary Manoj Joshi on Friday said, as he stressed that real estate has a critical role in the country becoming USD 30 trillion economy by 2047. Inaugurating the real estate association NAREDCO's National Convention, he said real estate is the most critical factor in India becoming a developed nation and reaching a USD 30 trillion economy. Joshi stressed that building urban infrastructure and urban housing would be key to economic growth. The government has been focusing a lot on urban planning in the last few years, he said, adding that states are being given incentives to make reforms in urban planning. A lot of states have undertaken reforms, the secretary said, and highlighted good work done in Gujarat in this area. Referring to the budget announcement that the government will launch a scheme to help the middle class in acquiring homes, Joshi

Interim Budget: Housing scheme for 'deserving' middle class soon, says FM

FM Nirmala Sitharaman also said that India is close to achieving the target of 30 million houses under the rural housing scheme

Canada plans cap on int'l students amid housing crisis, unemployment

Miller said he will be looking at the possibility of setting a cap on international students to help reduce the demand for housing in both the first and second quarters of this year

Israel offers tax incentives to aid housing crisis for war evacuees

Following the start of the "Iron Swords" war the government evacuated more than 100,000 citizens from the areas surrounding Gaza and near the Lebanese border, mainly to hotels