The Alluri Sitharama Raju (ASR) district is advancing its tribal housing project under the PM Jan Man scheme, with 23,766 out of 25,578 houses sanctioned and 226 already completed. The project, set for completion by March 2026, aims to uplift Particularly Vulnerable Tribal Groups (PVTG). Additionally, 576 roads and 1,660 water supply connections are planned under Jal Jeevan Mission, with 257 villages equipped so far. New Anganwadi centres and multi-purpose community hubs are also being established to improve access to education, healthcare, and essential services for tribal communities in the region.Read more

The Odisha government has launched a survey to provide permanent housing under PMAY-G, aiming to include over 50,963 pending applicants and new beneficiaries. The initiative, inaugurated by Minister Rabi Narayan Naik in Puri district, will run for two months. Eligibility criteria have been relaxed, allowing families with incomes up to INR 15,000 and assets like two-wheelers or refrigerators to qualify. Fees have been waived, encouraging participation. Part of a national scheme targeting two crore houses by 2029, Odisha has already approved 28.25 lakh homes, with 23 lakh completed. Damaged homes will also receive support under the Antyodaya Gruha Yojana.Read more

The Odisha government is set to launch a survey for identifying beneficiaries under the PM Awas Yojana-Rural (PMAY-R) initiative. The survey, expected to conclude in two months, will ensure a comprehensive and discrimination-free list of eligible households. The eligibility criteria have been relaxed, enabling families earning up to INR 15,000 per month and those owning two-wheelers or refrigerators to apply. Additionally, households affected by natural disasters or mishaps will be included under the Antyodaya Gruha Yojana if missed during the PMAY survey. A portal will facilitate online and offline applications for the scheme.Read more

Authorities from Kochi Corporation recently announced that the construction of flats under the Pradhan Mantri Awas Yojana (PMAY) for rehabilitating residents from Kalvathy, Koncheri, and Thuruthi Colony has been completed. The project benefits 394 landless and homeless families. Two flat complexes have been built in Thuruthy-one by the municipal corporation and the other by Cochin Smart Mission Ltd. These complexes include residential units, parking, daycare centres, shop spaces, and other amenities. Inauguration is expected in March following the completion of sewage treatment plants.Read more

The 'India Market Monitor Q4 2024' report by CBRE highlights Hyderabad's growing influence in India's residential real estate sector, contributing significantly to the 63% of new unit launches driven by Mumbai, Pune, and Hyderabad. The city accounted for 13% of Q4 launches, reflecting a 10% quarter-on-quarter increase. Hyderabad's housing market witnessed robust growth across all segments, with rising demand for properties priced above INR 2 crore, fueled by its thriving IT economy, improved infrastructure, and progressive policies. Mid-end housing made up 40% of total sales, while luxury housing gained a 9% share in Q4. Industry leaders, including Anshuman Magazine of CBRE and Shishir Baijal of Knight Frank India, attribute Hyderabad's continued success to strong market fundamentals and increasing buyer interest in premium offerings. Looking ahead, Hyderabad is set to maintain its momentum as a key real estate hub in 2025 and beyond.Read more

Raheja Developers has been scrutinised for not depositing INR 77.28 lakh for the second phase of the structural safety audit for its housing projects, Raheja Vedanta and Raheja Atharva, in Gurugram. Despite multiple reminders, the company has failed to comply with payment instructions. The district authorities, led by Deputy Commissioner Ajay Kumar, have recommended stringent actions, including halting the approval of future permissions for the developer until the payments are made. The safety audits, initiated due to concerns raised by residents, remain incomplete, leaving residents in both societies anxious about their buildings' safety.Read more

As of December 2024, Uttar Pradesh has successfully completed 95% of the 17,76,823 houses sanctioned under the Pradhan Mantri Awas Yojana (Urban), with 16,71,083 houses already finished. Urban Development Minister AK Sharma emphasised the transparency and dedication behind the project, highlighting the positive impact on the lives of low-income families. The initiative has not only provided affordable homes but also empowered women and promoted economic equality. Despite challenges at the beginning, significant progress has been made under the leadership of Chief Minister Yogi Adityanath, and the government remains committed to completing the remaining 5% of the project soon.Read more

The Maharashtra government's Dharavi Redevelopment Project (DRP), a multi-billion-dollar initiative, guarantees housing benefits for all residents, including former landowners under the cancelled Vacant Land Tenure (VLT) scheme. The Adani Group, through its joint venture Navbharat Mega Developers Private Ltd (NMDPL), will oversee the redevelopment process, building affordable housing and commercial spaces. Former landowners and private societies in the Dharavi Notified Area (DNA) are encouraged to participate in this transformative urban renewal project. Sustainable infrastructure, vocational training, and eco-friendly job opportunities are key components of the project aimed at uplifting the Dharavi community.Read more

Birla Estates (BEPL), a subsidiary of Aditya Birla Real Estate, has partnered with Mitsubishi Estate Co. (MEC) to invest INR 560 crore in a residential project in Southeast Bengaluru. The joint venture, structured as an SPV with BEPL holding a 51% stake and MEC's affiliate MJR Investment Pte. (MIPL) owning 49%, will develop four million sq. ft. of premium housing. This marks MEC's first entry into the Indian real estate market. The collaboration reflects Bengaluru's strong housing demand, driven by its growing IT sector and infrastructure development, and signals rising foreign investor interest in India's real estate sector.Read more

The Jharkhand State Housing Board (JSHB) will launch an online lottery for 181 houses and flats from February 10 to March 10, 2025, marking the first fully digital allotment process. Properties will be allotted on an "as is where is" basis. Application fees are INR 1,000 for EWS, INR 2,000 for LIG/MIG, and INR 3,000 for HIG, with an 18% GST. Eligibility includes no prior property ownership within 8 km. Houses range from 421 sq. ft. for EWS to 1,500+ sq. ft. for HIG. The initiative aims to enhance affordable housing access in Jharkhand.Read more