Tag: Pradhan Mantri Awas Yojana

Latest StoriesRegulatory

NCLAT Confirms Project-Specific Insolvency for Realty Firms

NEW DELHI: The National Company Law Appellate Tribunal (NCLAT) has affirmed that insolvency proceedings initiated by homebuyers against construction firms must be restricted to the specific project where the default occurred, rather than extending to other projects of the corporate debtor. The tribunal underscored that jeopardizing unrelated projects does not serve the interests of homebuyers or stakeholders involved in those projects. “The law is clear that when financial creditors or homebuyers from a single project file a Section 7 application due to default by the corporate debtor, the Corporate Insolvency Resolution Process (CIRP) must be limited to that project,” the…

Latest StoriesResidential

Kanpur: 20 Arrested for Fraud in Fake PMAY Scheme

KANPUR: A significant cybercrime ring operating in a Jamtara-style has been uncovered in the Reuna village of Ghatampur, leading to the arrest of 20 gang members accused of defrauding applicants of the Pradhan Mantri Awas Yojana. Meanwhile, 17 accomplices are still at large, prompting ongoing efforts to locate them. Police Commissioner Raghubir Lal reported that the operation was initiated after receiving multiple complaints via the National Cyber Crime Reporting Portal. Acting on a tip-off, a police team proceeded to Reuna village where suspicious cyber activities were observed, resulting in the immediate arrest of 20 individuals. The police revealed that the…

Latest StoriesResidential

MoU to Provide Energy-Efficient Appliances to 500K PMAY Homes in AP

VISAKHAPATNAM: Marking a significant milestone in energy efficiency under the Pradhan Mantri Awas Yojana (PMAY), the Andhra Pradesh State Housing Corporation Limited (APSHCL) has partnered with EESL and AP SEEDCO to create a tripartite MoU aimed at providing energy-efficient, star-rated appliances to five lakh beneficiaries during the first phase. The MoU was initially signed at India Energy Week (IEW) 2026 in Goa and was formally exchanged on Monday in Naidupeta, attended by Andhra Pradesh Chief Minister N Chandrababu Naidu, Housing Minister K Parthasarathy, and Municipal and Urban Development Minister K Narayana. Senior officials, including Special Chief Secretary (Housing) Ajay Jain,…

Latest StoriesResidential

1,000+ Flats for Urban Poor in Prayagraj Under PMAY

PRAYAGRAJ: The Prayagraj authorities are making strides to enhance housing for the urban poor by planning the construction of over 1,000 flats under the Pradhan Mantri Awas Yojana (PMAY) Phase II. Led by the Prayagraj Development Authority (PDA), efforts are underway to identify land which will be provided by the municipal corporation and district administration. The PDA has engaged with relevant departments to expedite the process. Several potential locations have been earmarked for the initiative, including a 4,000 sqm plot near Dhobighat, around four bighas in Peepal Gaon, and approximately 3,000 sqm in the Khuldabad area. Additionally, discussions are in…

Latest StoriesResidential

31,000 Homes Built in J&K Under PMAY-U, Delays Cited

JAMMU: On Friday, the Jammu and Kashmir government announced that over 31,000 houses have been constructed under the Pradhan Mantri Awas Yojana (PMAY) since the program began. The construction of several units is currently ongoing, primarily due to constraints faced by beneficiaries. In response to an assembly inquiry, the government stated that 39,153 houses have been sanctioned under the beneficiary-led construction (BLC) vertical of the PMAY-urban mission 1.0 across the Union Territory. Of these, 31,173 are complete and 7,980 are still under construction, with a goal to finish by the extended mission deadline of September 2026. District-wise data indicates that…

Latest StoriesRegulatory

CAG Flags Dual Benefit Issues in Gujarat Housing Schemes

AHMEDABAD: The Comptroller and Auditor General (CAG) has identified instances where individuals received benefits from multiple housing schemes, contravening established guidelines. “According to PMAY-G guidelines, if a household is allocated a home under any government scheme, the gram sabha must remove that household from the system-generated priority list of eligible beneficiaries,” the report indicates. The audit revealed cases where some beneficiaries accessed funding from various housing schemes alongside PMAY-G. “In Jamnagar and Surat districts, 24 beneficiaries under PMAY-G were also sanctioned houses under PMAY-Urban,” the report detailed. “Among these 24 beneficiaries, seven received a total of ₹16.55 lakh under PMAY-U,…

InfrastructureLatest Stories

Minister: Over 250 Projects Finished in Kanpur in 9 Years

Representative AI image KANPUR: The Minister for Higher Education and in charge of Kanpur Nagar district, Yogendra Upadhyaya, announced on Wednesday that since 2017, approximately 252 development projects have been completed in the district, totaling an investment of around ₹1,503.89 crore. He highlighted that various sectors, including housing, sanitation, healthcare, education, and social security, have seen significant improvements. Under the Pradhan Mantri Awas Yojana, numerous homes have been built, while the Swachh Bharat Mission has enhanced sanitation by constructing millions of toilets. Discussing infrastructure advancements, the minister remarked that projects like the Kanpur Metro, Ring Road, thermal power developments, and…

IndustryLatest Stories

Lucknow LDA Approves ₹5,148 Crore for Affordable Housing

LUCKNOW: The Lucknow Development Authority (LDA) has approved a budget of ₹5,148 crore for the fiscal year 2026-27, with a key focus on affordable housing, new townships, and enhancing basic infrastructure. This decision was made during the authority’s 187th board meeting, presided over by divisional commissioner Vijay Vishwas Pant. As part of this initiative, ₹200 crore has been allocated for the construction of 848 flats in Sharda Nagar Extension, featuring four 12-story towers with one- and two-bedroom units, and essential amenities such as water supply, electricity, parking, lifts, parks, and recreational areas. Officials indicated that this initiative is in response…

Latest StoriesRegulatory

Vadodara: Man dupes 16 in ₹40 Lakh PMAY flat scam

VADODARA: The Gorwa police have initiated a cheating case against a man accused of defrauding 16 individuals by promising them flats under the Pradhan Mantri Awas Yojana (PMAY) in Vadodara. The suspect, identified as Harish Chauhan, hailing from Akota, is currently on the run. According to a complaint lodged by Varsha Pathak, a resident of Samta Road, she and her husband approached Chauhan in January 2025 while seeking to purchase a flat. Chauhan allegedly claimed to be an agent for the Vadodara Municipal Corporation (VMC) and promised them a house in Subhanpura under PMAY. When Pathak requested to view the…

Latest StoriesResidential

Jammu & Kashmir meets 97% PMAY-G target, builds 3.23 lakh homes

JAMMU: Jammu and Kashmir has successfully completed over 300,000 houses under the Pradhan Mantri Awas Yojana-Gramin, reaching 97% of its target, as reported by officials on Sunday. Mohammad Aijaz Asad, Secretary of the Rural Development and Panchayati Raj Department, has urged officials to expedite construction for the remaining 11,340 houses under the scheme. In a meeting focused on reviewing the progress of PMAY-G in the Union Territory, he noted that the current phase of the initiative is nearing its conclusion, and all sanctioned projects must be finished without delay before the new phase commences. According to the meeting, 323,299 houses…