Budget 2023: Housing finance companies may see surge in credit demandIn the last years’ budget, Rs 48,000 crore was allocated for the completion of 80 lakh houses under PMAY. The programme has been extended t...
03 Feb, 2023, 12.13 AM IST
1 lakh development works, 54K houses under PMAY-G targeted for completion in 2022-23 in Jammu & KashmirThe spokesman said an allocation of about Rs 4,627.85 crore has been made for the rural sector, under capital expenditure for 2022-23, whic...
03 Apr, 2022, 06.23 PM IST
Interest subsidy of Rs 41,415 crore disbursed to 17.68 lakh beneficiaries so far under PMAY (Urban): Govt"During FY 2021-22, an amount of Rs 8,000.00 crore (including Rs 1,000.00 crore for CLSS component) was allocated for PMAY-U in Budget Esti...
07 Feb, 2022, 05.32 PM IST
Budgetary allocation to rural roads raised by 36 pc with special focus on left wing affected areasThe total allocation to centrally sponsored schemes under the Rural Development Ministry including MGNREGA, declined to Rs 1,35,944.29 cror...
01 Feb, 2022, 06.25 PM IST
Govt’s Rs 48,000 crore allocation for PMAY to boost affordable housingThe government’s Union Budget proposal of Rs 48,000 crore outlay for helping build low-cost houses in both rural and urban regions across t...
01 Feb, 2022, 04.46 PM IST
Steep climb ahead to achieve the target of Housing for All by 2022: ICRAThe PMAY was launched in 2015, through which the Government of India had set a target of constructing 50 million new housing units by 2022,...
12 Jul, 2021, 01.30 PM IST
Budget 2019: MGNREGA, PMAY allocation dip slightly, overall budget for rural welfare schemes raised by 4.4%The revised estimate for rural welfare schemes in 2018-19 was Rs 1.12 lakh crore.
05 Jul, 2019, 07.07 PM IST
Union Budget: Affordable housing gets further boost, liquidity concerns may easeFor affordable housing, the Budget has proposed a further tax deduction of Rs 1.5 lakh for interest paid on housing loans sanctioned in the...
05 Jul, 2019, 04.18 PM IST
Govt aims to build 1.95 cr houses under PMAY-Gramin in 2 yearsThe minister said that by 2022, every single rural family except those who are unwilling to take the connection will have an electricity an...
05 Jul, 2019, 12.56 PM IST
Budget 2019: Government to continue with its thrust for affordable housingThe FM said that several reforms would be undertaken to promote rental housing, current rental laws are archaic as they do not address less...
05 Jul, 2019, 11.52 AM IST
Government needs Rs 1 lakh crore in 3 years to build 1 crore houses: CRISILThe ministry aims to sanction 75 lakh houses and construct 30 lakh of them by the close of this fiscal.
06 Dec, 2018, 06.22 PM IST
Higher budget allocation may boost housing-for-all schemeThe government had set a target of constructing 50 million new housing units by 2022, of which 30 million units are likely to be constructe...
26 Feb, 2018, 07.09 PM IST
There won't be any fund crunch for urban housing scheme: Hardeep Singh PuriAbout the budget announcements, the minister said the outlay for PMAY (Urban) has been increased by Rs 25,000 crore in extra budgetary reso...
06 Feb, 2018, 09.27 PM IST
'HUA ministry seeks three-fold hike in Budget allocation'The central government aims to construct 1.2 crore houses for the urban poor under the Narendra Modi government's flagship scheme. So far, ...
14 Jan, 2018, 12.21 PM IST
Re-financing of loans to boost affordable housing: JLL IndiaExtension of tenure of loans under CLSS was increased to 20 years, and the Budget also increased allocation to PMAY from Rs 15,000 cr to Rs...
03 Mar, 2017, 04.11 PM IST
Budget proposals, cheap loans to make affordable housing a realityBudget 2017 offered infrastructure status to the business, supplementing earlier state proposals to provide interest subvention.
07 Feb, 2017, 10.33 AM IST
PMAY housing gains traction in Bengal post-budgetDevelopers of luxury real estate have started scouting scope in affordable housing and Prime Minister Awas Yojana seriously as the segment ...
06 Mar, 2016, 10.17 AM IST