Government to achieve target of Housing for All two years in advance: Hardeep Singh Puri

20 Aug 2019 Editorial Team

Minister of State for Housing and Urban Affairs, Hardeep Singh Puri, in his address, at the National Real Estate Development Council’s (NAREDCO) 15th National Convention announced that the BJP led NDA Government’s goal of creating ‘Housing for All’ would be achieved two years in advance that is, by 2020.

The theme of the event focused on housing opportunities and was the crux of the Minister’s speech. He further emphasised that sanctions towards urban rejuvenation programmes have increased by six times than that of the previous amount of Rs 1500 billion.

“The 2022 target of a pucca home with basic facilities in the name of the lady of every household in the country will be achieved two years in advance. To achieve this target, we need deep involvement of all stakeholders and I compliment NAREDCO for lending their support to the government to make this dream project a reality in the times to come”. Puri stated.

Additionally, he also revealed that out of the 100 Smart Cities announced, the Government will roll out 50 of those by December 2019.

It is estimated that by 2030, more than 600 million people will be living in the cities. This is also the time frame within which India needs to meet the UN agenda of Sustainable Development Goals. However, Puri was confident that the country would abide by these well before 2030.

Touching upon the real estate sector, the Minister pointed out that RERA had removed many aberrations in the real estate sector and had been accepted as a regulator by most shareholders.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..