Latest StoriesRegulatory

ED Requests Summary Report from Sambhajinagar Police on PMAY Case

CHHATRAPATI SAMBHAINAGAR: The Enforcement Directorate (ED) has contacted the Chhatrapati Sambhajinagar city police for the ‘C’ summary final report and all investigation documents related to the 2023 Prime Minister Awas Yojana (PMAY) housing tender case. This case was closed in June 2024 after a Judicial Magistrate First Class (JMFC) accepted the ‘C’ summary filed by the city police’s crime branch. An FIR was filed at the City Chowk police station on February 23, 2023, following a complaint from Deputy Municipal Commissioner Aparna Thete. The FIR was registered under various IPC sections relating to cheating and forgery against 19 accused. The…

Housing FinanceLatest Stories

NHB Flags PMAY 2.0 Disbursal Delay, Urges Finance Firms to Act

MUMBAI: The National Housing Bank (NHB) is advocating for increased adoption of PMAY 2.0, highlighting slower-than-anticipated disbursements in the interest subsidy scheme, as per sources involved in discussions with home financiers and regulators. In a recent meeting with chief executives of major housing finance companies (HFCs), the NHB leader expressed concerns that disbursements were “not meeting expectations” and encouraged lenders to intensify their focus on the program, according to officials who participated in the discussions. “The goal is to significantly enhance PMAY 2.0, yet the disbursement pace has been underwhelming,” remarked an official with insight into the matter. “The regulator…

IndustryLatest Stories

Vadodara: Chaos at Town Hall Over PMAY Draw Delay

VADODARA: A significant uproar occurred at the Sir Sayajirao Nagargruh town hall in Akota, Vadodara, on Wednesday as beneficiaries protested the delay in house draws under the Pradhan Mantri Awas Yojana (PMAY). The Vadodara Municipal Corporation (VMC) was set to conduct draws for 2,700 homes under various PMAY schemes. Beneficiaries had been notified of the draw scheduled for Wednesday. However, for unforeseen reasons, the civic body postponed the draws for one day. A senior VMC official stated, “We were cautious and sent two messages to each beneficiary regarding the postponement.” Despite this, numerous beneficiaries gathered at the town hall on…

Latest StoriesResidential

Centre Sanctions 1.11 Crore Homes Under PMAY Schemes

NEW DELHI: The government has approved the construction of 1.11 crore houses under two schemes of Pradhan Mantri Awas Yojana, with 95.54 lakh of these homes already completed and allocated to beneficiaries, Minister of Housing and Urban Affairs, Manohar Lal, reported in the Rajya Sabha on Monday. While addressing supplementary questions during the question hour, the minister mentioned that a 2020 slum survey revealed that approximately 6.5 crore individuals, equating to 1.39 crore households, reside in slums nationwide. “Under both schemes, 1.11 crore houses have been approved, and 1.10 crore have been initiated, with 95.54 lakh houses completed and handed…

IndustryLatest Stories

Odisha directs collectors to allocate sites for landless housing beneficiaries

Representative Image BHUBANESWAR: The Odisha government has instructed district collectors to allocate land sites to landless families beneficiary of various rural housing schemes. In a letter to the collectors, Girish S N, Secretary of the Panchayati Raj and Drinking Water Department, emphasized that eligible landless beneficiaries should be prioritized for housing site allocations. Additionally, the government has directed block development officers (BDOs) to meet with relevant tahsildars on the first Saturday of each month to address these concerns. Unfortunately, there are still 871 beneficiaries of the Pradhan Mantri Awaas Yojana-Gramin (PMAY-G) in 11 out of 30 districts awaiting land site…

Latest StoriesResidential

8 Years Late, Ghaziabad Starts Handing Over PMAY Homes

GHAZIABAD: After nearly eight years, the Ghaziabad Development Authority (GDA) has commenced the handover of flats to beneficiaries of the Pradhan Mantri Awas Yojana-Urban (PMAY). In Madhuban Bapudham, over 300 registrations have been completed for 856 units constructed. Possession is being granted to beneficiaries selected via a lottery system. Officials stated that work in other areas is also nearing completion, with possession likely to begin soon. This includes 1,200 units in Pratap Vihar, 480 in Noor Nagar, and 528 in Newari, where a 400 KLD STP and an access road have been developed for Rs 3 crore. Launched in 2015,…

Latest StoriesResidential

Khanauri Distributes ₹2.5 Cr Pucca House Approval Letters

SANGRUR: On Thursday, Cabinet Minister Barinder Kumar Goyal distributed approval letters totaling Rs 2.55 crore to 102 beneficiaries under the Pradhan Mantri Awas Yojana (PMAY) in Khanauri. He also announced that an additional Rs 97.5 lakh would be allocated for 39 more beneficiaries shortly. Goyal highlighted that the Punjab government, under Chief Minister Bhagwant Mann, is dedicated to comprehensive state development through strategic financial management and specific initiatives aimed at realizing the vision of a ‘Rangla Punjab,’ ensuring equitable growth for all communities. He mentioned that development projects worth Rs 5 crore are set to begin soon in Khanauri, including…

Latest StoriesResidential

Probe Ordered into PMAY Housing Project’s CRZ Violations in Kharghar

NAVI MUMBAI: The Union Environment Ministry has instructed Maharashtra to investigate claims of violations of Coastal Regulation Zone (CRZ) guidelines concerning the multi-tower Pradhan Mantri Awas Yojana (PMAY) housing project in Kharghar. Environmental advocates raised concerns that the construction is too close to mangroves and the high-tide line. Environmental groups have expressed that the project, which is set to accommodate nearly 10,000 families and small businesses, was constructed in an area prone to tidal flooding. They argue that warnings about rising sea levels were disregarded during both planning and execution phases. B N Kumar, Director of NatConnect Foundation, stated that…

InfrastructureLatest Stories

Urban Population Growth Challenges Urbanization, Says Housing Minister

BENGALURU: Union Minister Manohar Lal Khattar remarked on Thursday that urbanization has become a pressing issue due to the swift increase in city populations. The Centre has initiated regional meetings to tackle various urban development challenges. “Urbanization is a significant concern these days as urban populations continue to grow,” Khattar informed reporters following a regional meeting with representatives from Karnataka, Kerala, Tamil Nadu, Puducherry, and Lakshadweep. The Minister of Housing and Urban Affairs mentioned that the discussions covered topics such as road infrastructure, drainage systems, mobility, and metro rail projects, incorporating demands and suggestions from the involved states. “The meeting…

Latest StoriesRegulatory

Orissa HC Rescinds Inquiry, Restores PMAY-G Benefits

CUTTACK: The Orissa High Court has overturned a government inquiry report that deemed several beneficiaries ineligible for the Pradhan Mantri Awas Yojana–Gramin (PMAY-G). The court ruled the inquiry did not adhere to established guidelines and was therefore invalid. Ten residents from Gopinathpur panchayat in Bhadrak district challenged the government’s decision to deny them PMAY-G benefits. An initial block-level inquiry identified 258 eligible beneficiaries, including the petitioners, with the gram sabha approving their names on January 30, 2023. Consequently, work orders were issued on June 19, 2023, and some beneficiaries received the first installment of ₹40,000. However, Malatilata Sahoo, a village…