Maharashtra has shattered national records by becoming India's first state to achieve 100% PMAY target completion - sanctioning 30 lakh homes and investing ₹80,000 crore in transforming lives across the state.

India’s top 9 cities recorded a 33% rise in home completions in FY25, with 406,889 units delivered. Discover which cities led the surge, what drove the growth, and how policies like SWAMIH and RERA shaped this housing market revival.

MahaRERA has directed Shree Tirupati Builders to fulfill all pending post-possession obligations for Safalya CHS in Dadar. The ruling strengthens builder accountability and sets a powerful precedent in Maharashtra's real estate sector.

With a ₹5,500 crore plan, Suraksha Group revives Jaypee Infratech projects, eyeing full home deliveries in Noida and Greater Noida by 2027.

The Indian Finance Ministry has extended PMAY-G funds till September 2024 to build 3.5 million rural dwellings. This prolongation is part of the government's pursuit of "housing for all" by March 2024.

Given the large number of stalled housing projects, the SWAMIH fund, which finances their completion, has demonstrated potential but has scalability issues. Despite completing over 26,000 residences and recovering a major share of investor funds, it needs to expand its reach and efficiency.

The Government of India is urging banks to use the'special window' it has opened up to expedite the completion of large-scale real estate projects worth more than 3 lakh crore.

The body is asking the ministry for prompt action for the benefit of the real estate sector and home buyers.

In the backdrop of the disruption caused by Covid-19, the government will look into the demands of the real estate industry, including an extension of project completion timeline by 6-9 months and extension of building permissions secured already as per Ministry of Housing and Urban Affairs.