Central Government Plans Increase in Rural Housing Subsidies

Supreme Infrastructure India Secures Rs 4.50 Bn Contract Win

Supreme Infrastructure India has secured a significant turnkey construction contract worth Rs 4.50 billion for the development of a Project Affected Persons (PAP) housing complex located in Powai, Mumbai. This housing complex is part of a broader, large-scale redevelopment initiative being undertaken by BSS Property Ventures and Rajeshwar Property Ventures, both of which are majority-owned by investment funds managed by Brookfield, a global asset management company.The contract involves the execution of Phase 1 of the redevelopment project, with Supreme Infrastructure India Limited appointed a..

Cabinet Clears Revised Jharia Master Plan with Rs 59.40 Bn Outlay

The Cabinet Committee on Economic Affairs has approved the Revised Jharia Master Plan (JMP), designed to address long-standing issues of underground fires, land subsidence, and the rehabilitation of affected families in the Jharia Coalfield. The total financial outlay for the revised plan is Rs 59.40 billion.The plan follows a phased approach, prioritizing the most vulnerable sites for fire control, subsidence mitigation, and family resettlement. In addition to providing housing, the revised plan places strong emphasis on sustainable livelihood generation for displaced families.As part of the ..

Sundaram Home Finance Targets Rs 3 Bn Disbursal in Madhya Pradesh

Sundaram Home Finance, a wholly-owned subsidiary of Sundaram Finance, has expanded its presence in Madhya Pradesh by opening two new branches in Pithampur and Ratlam. With this move, the total number of its branches in the state has increased to five, including existing locations in Indore and Bhopal.The company has set a disbursement target of Rs 3 billion in Madhya Pradesh for the current financial year. This expansion aligns with its strategy of exploring growth opportunities in Tier II and III towns outside South India, while strengthening its base in states where it already operates.Madhy..