Easy finance is the key to the success of affordable housing in India
The Pradhan Matri Awas Yojana (PMAY), launched in 2015, was a promise to provide every Indian family a roof over its head before 2022, the 75th year of Indian Independence. Since then, we have been through the worst pandemic that the world has seen. But despite two waves of the pandemic, organised players are confident of steady business for the next few years and buyers are still queuing up.
Affordable housing is a sector that has been streamlined by finance. Today, of 1.1 crore houses that the government had aimed to complete, government statistics show that 1.13 crore houses have been sanctioned and 50.18 lakh houses have already been constructed. This is an all-time high for a five-to-seven-year period.
Source: MHoUA/PMAY
Click here to know more…
Also read:
E Jayashree Kurup is a researcher-writer and Director, Wordmeister Editorial Services Real Estate & Cities. Write to her at jkurup@asappmedia.com
Ajmera Realty launches tree drive on Environment Day
Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..
Twaron®-reinforced tyre powers Brunel’s solar race car
Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..
Kamdhenu Paints launches new wood coating range
Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..
Latest Updates
