Latest News, Updates & Breaking Headlines
Photo credit: pmay-urban.gov.in Under the Pradhan Mantri Awas Yojana-Urban (PMAY-U 2.0), the centre has revised operational guidelines and introduced new rules for interestsubsidies on urban housing loans. According to the Operational Guidelines of PMAY-U 2.0, released by the Ministry of Housing and Urban Affairs (MoHUA), this updated scheme aims to support one crore urban poor…
MUMBAI: Banks have asked govt to review the definition of affordable housing by revising property value and size thresholds to reflect inflation and changing requirements, as rising ticket sizes and interest costs render existing limits less relevant.“We are the market leaders in housing finance and our home loan portfolio has grown by 13.7%. Our average…
Prime Minister Narendra Modi is on a two-day visit to Sikkim, where he is participating in the State’s Golden Jubilee celebrations of statehood. During the event, the Prime Minister described the Northeast as India’s “Ashtalakshmi” and highlighted the Himalayan State’s significance within it. During the visit, he also inaugurated and laid the foundation stone of…
Material choice is one of the clearest ways heritage is shaping modern housing. Traditional lime plaster is seeing renewed interest because of its breathable and eco-friendly qualities, while local stone and wood are being used to root homes in regional identity. Architects are pairing these materials with modern layouts to create homes that feel warmer,…
Traditionally seen as a more affordable alternative to Mumbai, Pune is steadily climbing the list of expensive rental cities. While its rent index is only (6.6), demand has been increasing rapidly, pushing. Some costly areas include Hinjewadi, Baner, and Koregaon Park. The city offers a perfect work-life balance. Sources: Reports and data compiled from Times…
Legendary musician A.R. Rahman, active since the 1980s, boasts impressive real estate holdings including a modern white bungalow in Chennai’s Kodambakkam, estimated at Rs 15 crore, and a multi-crore Los Angeles apartment doubling as a studio. Both properties reflect his global success and dedication to his craft, offering him dedicated spaces for creativity and family….
And once again Mumbai’s housing sector has broken all the records and witnessed overwhelming demand. In a recent update, the Maharashtra Housing and Area Development Authority (MHADA) reported receiving more than 16,400 applications for its 2026 lottery for 2,640 homes. Yes, you read that right! The application process began in March-end and the lottery draw…
The small town of Arenillas in Soria, Spain, is facing the possibility of becoming a ‘ghost town’, so the town has taken up a unique, proactive plan to keep its village alive. According to Madrid Secreto, this village is a member of the ‘Empty Spain’ program, and currently has only 40 people living there as…
A brother-sister duo were formally charged for allegedly placing an IED at a US military base which is home to United States Central Command (CENTCOM) and Special Operations Command, as confirmed by the FBI on Thursday.“An IED was placed at MacDill Air Force Base – home to CENTCOM and US Special Operations Command. A brother…
Vasco: Chicalim villagers suspect that diarrhoea in Prabhu Violetta residential complex, Dabolim, has been caused by contaminated water supply from borewells. Sewage release from the complex’s waste treatment plant may have polluted the underground water table.Over 149 occupants across five buildings fell sick with severe diarrhoea, causing panic in the community.Health officer at Cortalim primary…
