15 Apr 2025

Uttar Pradesh Chief Minister Yogi Adityanath recently inaugurated the 800-acre Anant Nagar Housing Scheme by the Lucknow Development Authority, aiming to offer world-class residential facilities. With a INR 7,000 crore investment, the integrated-township is strategically located near the international airport, expressway, and Ring Road. Designed to house 1.5 lakh people, it includes 10,000 flats, seven plotted sectors, and 5,000 units for EWS and LIG groups. Under PMAY, 3,000 homes will be provided. The township also features a 130-acre park and EduTech City, incorporating schools, technical, and medical institutes to offer comprehensive educational opportunities within the residential-community.Read more

15 Apr 2025

The Rajasthan Housing Board (RHB) will launch new housing schemes in April and May across Jaipur, Udaipur, Barmer, Kota, and Hanumangarh, targeting all income groups. Additional projects are planned in Atru, Gajanpura, Nainwa, Lakheri, and Dholpur, with expansions in Jaisalmer and Shahjahanpur. Offering flats and independent houses, the schemes aim to meet housing demand with modern, eco-friendly infrastructure. Allocation will occur via online lotteries for transparency. Basic amenities like roads and water will be ensured before possession. RHB's initiative promotes inclusive, sustainable urban development and aims to improve living standards while easing housing pressure in both urban and underdeveloped areas.Read more

14 Apr 2025

The Maharashtra government has approved the allocation of 256 acres of decommissioned salt pan land across Mulund, Kanjurmarg, and Bhandup for the ambitious Dharavi Redevelopment Project (DRP). These plots, lying unused for nearly a decade, are now set to host affordable housing units as part of one of Mumbai's most significant slum rehabilitation efforts. Authorities have clarified that these lands are environmentally safe for construction, as the ecologically sensitive zones lie beyond the Eastern Expressway. This move aligns with the Development Plan 2034 and continues the trend of repurposing defunct salt pans for urban infrastructure.Read more

14 Apr 2025

The Karnataka Housing Board's Heritage Heights project in Kenchalagudu, Mysuru, has received a lukewarm response, with only 52 applicants for 192 flats. The project offers 160 two-BHK units at INR 49.4 lakh and 32 three-BHK units at INR 63 lakh. Due to low demand, the application deadline has been extended from April 2 to May 2. Experts cite buyer preference for individual homes or city-centre apartments as a key reason. Located on Mysuru's outskirts, the project faces challenges despite its affordability and official backing. KHB may need to re-evaluate pricing, location, and promotion strategies to improve uptake for this and future developments.Read more

14 Apr 2025

The Bangalore Development Authority (BDA) has given engineers a three-month deadline to complete pending infrastructure in the Shivaram Karanth Layout in North Bengaluru. Spread across 3,540 acres, the layout is expected to offer over 30,000 plots, but only 10,000-17,000 are currently ready. Key works like roads, water pipelines, and drainage remain incomplete in nearly 40% of the layout. Legal issues and unresolved land acquisition disputes have delayed public site allotment, with a court case still pending. A committee is assessing land values for fair compensation. While public interest remains high, allotments will proceed only after legal and administrative clearances are finalized.Read more

14 Apr 2025

Gujarat's real estate sector saw a 6% rise in new project registrations in FY 2024-25, with 1,823 projects approved, up from 1,713 the previous year, according to GujRERA. The growth was driven by a surge in approvals during the first nine months, as developers anticipated a hike in jantri rates and rushed to avoid increased FSI charges. Surat led with 343 project registrations, followed by Ahmedabad with 550. Vadodara and Rajkot saw slight declines. Despite a slowdown in demand in the year's final quarter, registration momentum held steady. GujRERA is also enhancing compliance efforts to ensure broader market transparency and regulatory adherence.Read more

14 Apr 2025

The Jharkhand government has announced the development of new townships in Ranchi, Khunti, Jamshedpur, Bokaro, Ramgarh, Dhanbad, Hazaribag, and Deoghar to address the urban housing shortages and promote planned urbanisation. Each township will span 400-500 acres and include housing colonies, schools, institutions, green areas, and commercial spaces. Unlike the premium Ranchi Smart City, this initiative will focus on affordability. The Department of Urban Development has initiated land acquisition, starting with Ranchi. Coordination with district administrations is ongoing to identify the unencumbered land. Ranchi DC confirmed efforts to locate government and unused land, possibly conducting anti-encroachment drives to facilitate the project.Read more

11 Apr 2025

The Delhi Development Authority (DDA) has extended the deadline for its 'Sabka Ghar Awaas Yojana 2025' and 'Shramik Awaas Yojana 2025' housing schemes to April 30, 2025, in response to high public interest. Both schemes offer discounted rates on unsold flats in areas like Narela, Siraspur, and Loknayakpuram. Bookings for the remaining flats reopened on April 9 and will remain open until the new deadline. The move aims to promote affordable housing in Delhi by giving potential buyers more time to apply and benefit from financial incentives.Read more