PNB Housing Finance targets Rs 1 lakh crore AUM by Q3 FY27
PNB Housing Finance expects to cross Rs 1 lakh crore in assets under management in the third quarter of FY27, up from the current Rs 93,000 crore, managing director Ajai Shukla said…
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Dwindling Minnesota church gives $600,000 to nonprofits, site to become housing
St. Mark's United Church of Christ in Bloomington, Minnesota, closed after more than seven decades when its congregation fell to 26 members. Instead of winding down quietly, the church distributed about $600,000…
MHADA: Land prices, bank credit leave 10,000-15,000 PMAY homes unallocated
MHADA CEO Sanjeev Jaiswal said at the BRICS Friendship Cities conclave that high land costs and the inability of beneficiaries with irregular incomes to get bank loans have left 10,000-15,000 homes unallotted…
CIDCO opens 4,779 EWS homes in Navi Mumbai from Aug 15
The City and Industrial Development Corporation (CIDCO) will launch online registration on August 15 for 4,779 homes under a new housing scheme for economically weaker sections. The homes are in Taloja (4,229),…
PMAY-Urban crosses 1.25 crore sanctioned houses, 1 crore delivered
The housing and urban affairs ministry says 1.25 crore houses have been sanctioned under PMAY-Urban and PMAY-U 2.0 since 2015, with over 1 crore completed and delivered. Of these, 1 crore houses…
Affordable housing stock shrinks, premium home inventory jumps 43%
Unsold homes priced below Rs 1 crore are being absorbed, while premium housing inventory is piling up rapidly across eight major Indian markets. According to a Knight Frank India report, total unsold…
Urban India faces shortage of 10 million affordable homes
India Today reports that only 28,102 of the 1.87 lakh homes launched in India's eight largest cities in the first half of 2026 were affordable, according to Knight Frank. Urban India faces…
MHADA lottery awards 2,640 Mumbai homes to successful applicants
The Maharashtra Housing and Area Development Authority conducted a computerised lottery for 2,640 homes in Mumbai on Thursday at Rangsharda Auditorium, Bandra. Successful applicants received congratulatory messages on their phones as their…
Maharashtra orders legal action against developers withholding MHADA homes
Maharashtra minister Mangal Prabhat Lodha has directed officials to pursue strict legal action against developers who have not handed over homes reserved for MHADA under statutory rules. He said action should go…
