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InfrastructureLatest Stories

Thane imposes strict limits on construction transport in Yeoor Hills

Representative image created by AI THANE: The Thane Municipal Corporation has implemented a ban on the transport of construction materials in the environmentally sensitive area of Yeoor Hills, officials reported on Sunday. The decision came during a review meeting led by Municipal Commissioner Saurabh Rao on Friday. “Yeoor is an environmentally sensitive area. No construction material may enter Yeoor without a valid construction permit issued by the Thane Municipal Corporation’s Urban Development Department,” an official release stated. Those possessing authorized construction permits must register their details with the forest department’s entrance post. This includes a copy of the permit, the…

IndustryLatest Stories

Varanasi Body Launches Campaign for New Building Bylaws

Representative image created by AI VARANASI: The Varanasi Development Authority (VDA) is ramping up its initiative to educate the public about the UP Development Authority Building Construction and Development Bylaws-2025 and the Model Zoning Regulation-2025. After the state government endorsed the Building Construction and Development Bylaws-2025 designed to simplify the construction process, promote eco-friendly buildings, and support vertical growth, VDA Vice Chairman Pulkit Garg emphasized the agency’s commitment to spreading awareness through workshops and events aimed at informing builders and property owners of its benefits. Officials are also addressing concerns regarding provisions that require the approval of maps only for…

Latest StoriesResidential

Uttar Pradesh Receives ₹12,031 Crore for PMAY-Urban 2.0

LUCKNOW: The Uttar Pradesh government has received financial approval of ₹12,031 crore under the Pradhan Mantri Awas Yojana (Urban) Mission 2.0, significantly advancing the goal of ‘Housing for All’ by providing pucca homes to the urban poor, according to an official statement released on Saturday. Chief Minister Yogi Adityanath has instructed officials to prioritize transparency and construction quality, noted the statement. As part of the initiative, geo-tagging and photographic recording of each house will become mandatory under PMAY (Urban) to facilitate real-time monitoring throughout the construction process. Additionally, all houses will feature disaster-resilient characteristics to protect against earthquakes, floods, and…

InfrastructureLatest Stories

Madurai Launches Action Against Construction Dust Violations

Representative image created by AI MADURAI: In response to increasing complaints regarding dust and debris from construction sites, the Madurai corporation has ordered builders to use green safety nets to cover active construction areas and vehicles transporting materials. The civic body cautioned that uncovered construction sites and demolition projects pose significant environmental risks, jeopardize public safety, and disrupt traffic. Those who violate these regulations could face fines and legal repercussions. Corporation commissioner Chitra Vijayan informed TOI that enforcement of fines would begin due to the growing number of complaints. Despite these initiatives, the city’s efforts in managing construction and demolition…

Latest StoriesRegulatory

Bombay HC Halts Slum Rehab on Mumbai University Land

MUMBAI: The Bombay High Court has placed a stay on a Slum Rehabilitation Authority (SRA) scheme concerning over 3.5 acres of land claimed by Bombay University. This land was acquired for academic use by the Mumbai Collector between 1967 and 1974. Despite the acquisition, the land was not registered under the university’s name, and third-party rights were established in favor of a developer due to outdated revenue records, as stated in a petition by Mumbai University (MU). The university pointed out that by 2024, the land had been designated as a slum because of encroachment, without any notice given to…

Latest StoriesResidential

679 PMAY Houses Completed in Bhaderwah, J&K

BHADERWAH: The Centre has successfully completed 679 houses under the Pradhan Mantri Awas Yojana (PMAY) in Jammu and Kashmir’s Bhaderwah, as reported by the Block Development Officer. The execution of PMAY in this region reflects the government’s unwavering commitment to providing housing for all. In the financial year 2023-24, 718 beneficiaries were identified, with 679 houses completed, representing a significant achievement in rural infrastructure and welfare initiatives. Bhaderwah Block Development Officer Yasir Ahmed stated to ANI, “Finishing 679 houses within a single financial year under PMAY showcases our team’s dedication and the government’s vision of ‘Housing for All’. Special emphasis…

Housing FinanceLatest Stories

Home First Finance Q1 FY26 Net Profit Up 35.47%

NEW DELHI: Home First Finance Company India has reported a 35.47% growth in its net consolidated profit for the quarter ending June 30, 2025. Their profit after tax reached ₹118.89 crore in Q1 FY26, up from ₹87.76 crore in the same quarter last year, as stated in a BSE filing. The net consolidated total income for the company amounted to ₹455.26 crore in Q1 FY26, reflecting a 33.38% increase from ₹341.32 crore in the corresponding period of the previous year. Assets under management (AUM) rose by 28.6% year-on-year to ₹13,479 crore, while disbursements increased by 7% to ₹1,243 crore. The…

Housing FinanceLatest Stories

Sundaram Home Finance Q1 FY26 Net Profit at ₹62 Crore

CHENNAI: Sundaram Home Finance Ltd reported a slight drop in its net profits, reaching Rs 62 crore for the quarter of April to June 2025, as announced on Saturday. In the same quarter last year, the company had a net profit of Rs 66 crore. During the reviewed quarter, disbursements increased to Rs 1,488 crore, compared to Rs 1,353 crore during the corresponding quarter last year. The company also noted growth in its Assets Under Management (AUM), which rose to Rs 18,027 crore as of June 30, 2025, up from Rs 14,533 crore a year earlier. In the June quarter,…

InfrastructureLatest Stories

Centre Approves Noida Metro Aqua Line to Boraki Hub

NOIDA: The Centre has approved the extension of Noida Metro’s Aqua Line to Boraki, situated less than an hour’s drive from Jewar, moving the city’s transit network closer to the forthcoming Noida International Airport. The 2.6-km elevated section will feature two new stations—Junpat and Boraki—at a total investment of ₹416 crore. This project is projected to be completed within three years. The extension aims to connect the Aqua Line to the proposed multi-modal transport hub at Boraki. The UP government plans to merge the Delhi-Howrah rail corridor with an interstate bus terminal and a rapid rail line to Ghaziabad. The…

Latest StoriesRegulatory

Telangana Court Orders Builders to Compensate in Two Cases

HYDERABAD: The Ranga Reddy district consumer disputes redressal commission has favored consumers in two distinct real estate cases — one concerning delayed flat possession and another about promised returns on land-linked investments. Refunds and compensations were mandated in both instances. In the initial case, Rajitha Guduru from Bachupalli paid Rs 25 lakh in installments to a real estate company engaged in land ventures in Warangal. Despite receiving certificates that assured monthly returns on “undivided land shares,” no payments were made. Rajitha stated that she was never informed about the land’s location or provided with adequate documentation. Despite her continual inquiries,…