PNB Housing Finance: Housing sector to grow in 5 years

01 Jun 2022 CW Team

After a period of stagnation, the domestic housing market is expected to expand over the next five years. Housing finance companies are well positioned to take advantage of this opportunity thanks to sectoral reforms like RERA and GST that have increased transparency, according to PNB Housing Finance's annual report for 2021–22.

The establishment of the Goods and Services Tax (GST) and the Real Estate Regulatory Authority (RERA) among other reforms during the past several years have increased transparency in the housing market.

India is also well-positioned to become a manufacturing hotspot thanks to recent government regulations and targeted programmes like the Production Linked Incentive Scheme (PLI).

This, in turn, will have a trickle-down impact across all the sectors and help the country emerge as a USD 5-trillion economy. the Indian economy is in much better shape to tackle external shocks,

Numerous people are projected to enter the housing market as a result of the anticipated macroeconomic situational changes. Additionally, according to Crisil, the portfolio of NBFCs and HFCs will increase by 13–15% as a result of increased affordability and unmet demand. In FY23, affordable housing is anticipated to rise by 15–23%.

In keeping with its retail first approach, PNB Housing Finance allocated 97 per cent of all its funds to the retail sector in FY22.

The company disbursed loans totaling Rs 11,246 crore in FY22, an increase of 8 per cent annually. The housing finance company stated that it would continue to expand its inventory of affordable housing, and it built up to 24 locations this year to support Unnati loans.

PNB Housing Finance, a venture of the state-owned Punjab National Bank, was forced to abandon a proposal to raise Rs 4,000 crore in equity from a number of investors in FY22 due to regulatory obstacles.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..