Pradhan Mantri Awas Yojana (PMAY) drives Indore's affordable housing boom, offering ₹2.67 lakh subsidies for 1 BHK units. Eligible EWS/LIG families gain ownership, while investors target Rau and Neemuch projects under extended 2025 deadline.
Government housing initiatives deliver over 18,000 affordable units in Vadodara, forcing private developers to slash prices and reshape the entire real estate market.
Chandigarh addresses its chronic housing shortage with a proposed 32-acre Sector 54 development offering 1,700 residential units. The scheme, currently in planning phases with land allocation and possession timelines under review, aims to breathe new life into the city’s constrained real estate market. Expansion prioritizes equitable housing options, including EWS and MIG categories, while...
Union Cabinet approves PMAY-Urban Phase II targeting 1 crore urban homes, including Rajkot, to address housing shortages and stimulate economic growth through affordable housing.
Mohali's residential real estate market shows robust growth driven by infrastructure upgrades and strategic development, defying global downturns with rising demand and high ROI through IT hubs, smart cities, and luxury housing projects.
The Greater Noida Authority introduces an integrated online portal for property management, offering digital payments, document submissions, and real-time application tracking to enhance governance efficiency.
GDA introduces 120 residential/commercial plots in Indirapuram under its 2025 housing scheme. Available in 300-600 sq m sizes, the project aims to meet rising housing demand and offers infrastructure upgrades in one of NCR's fastest-growing micro-markets.
Chandigarh Housing Board’s Sector 53 scheme attracts 6,300 applicants for 372 units, signaling strong demand after previous delays. The online demand survey assesses interest for HIG, MIG, and EWS flats priced between ₹55 lakh and ₹1.65 crore.
Twelve Pune real estate developers face scrutiny for falsely claiming Rs 65 crore in tax waivers on low-cost housing schemes. The Income Tax department plans to issue notices, impacting tax collections amidst a market slowdown.