RBI rate cut impact on affordable housing: A reality check
RBI's 125 bps rate cut in 2025 lowers home loan EMIs, but high costs and weak borrower affordability keep developers away from affordable housing. Will supply respond?
RBI's 125 bps rate cut in 2025 lowers home loan EMIs, but high costs and weak borrower affordability keep developers away from affordable housing. Will supply respond?
Southern Railway completes phase of Kochu Veli station redevelopment with lifts & pit lines. Passengers demand ticket counters, shelters, more train stops to decongest Central. Read more.
Deputy CM Eknath Shinde urges Thane residents to back the cluster redevelopment model, highlighting wider eligibility, larger flats, and superior civic amenities compared to SRA schemes.
Pearl Queen in Santacruz leads Mumbai's self-redevelopment wave. Societies become promoters, bypass builders for bigger homes & profits. Discover the success stories.
Bombay High Court sets aside disqualification of Powai housing society committee for not holding meeting during Covid. Justice cites pandemic restrictions as 'reasonable cause'. Read the full judgment details.
A staggering 52% of Pune's cooperative housing societies lack legal land ownership, blocking redevelopment. Officials push for faster resolution. Learn the impact and challenges.
Pune ACB arrests a government-appointed liquidator and a panel member for demanding an Rs 8 crore bribe from a housing society. First instalment of Rs 30 lakh seized. Read the full details.
Seven companies have shown interest in rebuilding Goa's dilapidated Mapusa and Margao bus stands via a PPP model, promising modern amenities after decades of public demand. Read about the Rs 443 crore transformation.
Ranchi Municipal Corporation unveils plans to redevelop vendor markets, build new ones with permanent spaces, parking & amenities. Aim is to ease congestion and boost local commerce.
Dombivli rises as a modern hub with a redeveloped Sant Sawalaram Sports Complex, Prerna War Memorial & upgraded auditorium. MP Dr. Shrikant Shinde leads this urban transformation drive. #Maharashtra #Development
A leopard was captured on CCTV in Pune's Pashan-Sutarwadi area early Friday. Forest officials confirm authenticity and install camera traps. Residents advised caution.
BMC staff removed protest hoardings in Dharavi featuring caricatures of CM Fadnavis and Dy CM Shinde, ahead of a public meeting against the redevelopment project. Organisers allege a move to curb mobilisation.
Dynamic Star LLC, owner of Bronx's Fordham Landing, files Chapter 11 to halt foreclosure. $55M state funding for 900 affordable units now under review. Read the latest on this major NYC housing development.
Rajasthan govt halts property registration via housing society pattas to tackle illegal colonies and protect buyers. Lawyers protest, calling it unjust. Details inside.
Odisha's housing bodies have allotted over 1,600 plots and houses in Bhubaneswar. Details on schemes like Satyasai Enclave, Ekamra Residency, and future projects revealed in the assembly. Read more.
Lawyers in Jaipur protest new rule requiring land conversion proof for registration, causing a 50% drop in daily transactions. The state aims to curb illegal sales.
Union Home Minister Amit Shah inaugurates the newly redeveloped Vastrapur Lake in Ahmedabad, along with civic projects worth Rs 1,506 crore. Read about the new features and entry fee.
Maharashtra Cosmopolitan Education Society announces its new governing board for 2025-2030. Discover the elected members and their vision for Pune's premier educational institutions.
A Bengaluru housing society fined tenants Rs 5,000 after two women stayed overnight. The rule targets only bachelors, sparking a viral debate on privacy and discrimination. Read more.
A Bengaluru housing society fined bachelors ₹5,000 after female guests stayed overnight, igniting a fierce online debate about discrimination and tenant rights. Read the full story.
Lucknow Development Authority to offer an additional 5% discount on flats to armed forces personnel with gallantry awards. Proposal up for approval on Dec 5. Read more.
Union Home Minister Amit Shah says PM Modi naming the new PMO complex 'Seva Teerth' reiterates a resolve for service. The complex is part of the Central Vista project. Read more.
NBCC signs MoU with GDA to redevelop dilapidated Tulsi Niketan in Ghaziabad. The 3-year, two-phase project aims to replace over 2,200 unsafe flats. Read details.
The new Prime Minister's Office complex in Delhi is named 'Seva Teerth', symbolizing a cultural shift from 'satta' to 'seva'. Explore the renaming of key governance spaces under the Central Vista project.
Shares of Bajaj Housing Finance tumbled over 9% after a massive block deal worth ₹1,890 crore. The move follows Bajaj Finance Ltd.'s plan to sell a stake. Read for key details and market impact.
Central Railway's ambitious Ajni Station redevelopment in Nagpur is progressing swiftly. Key structures, including the East Side building and staff towers, are nearing completion, promising enhanced passenger amenities and smoother operations.
Bengaluru's Freedom Park, the city's protest hub, is temporarily closed for major redevelopment. All events, including protests, are suspended until upgrades are complete. Details inside.
South Western Railway's Mysuru division celebrated Station Mahotsav, honouring its royal origins and daily 60,000 passengers. A Rs 395.7 crore redevelopment is underway. Read more about this historic hub's future.
Delhi Development Authority announces a huge 25% discount on flats. Bookings open from December 1. Grab this limited-time offer for affordable housing in Delhi.
Mumbai housing societies are turning the tables on developers, demanding higher compensation and amenities in redevelopment deals. Experts warn this trend could backfire, leading to stalled projects.