SC Demands Data on Haryana's Affordable Housing Projects

30 Jul 2024 CW Team

The Supreme Court of India has requested detailed information regarding affordable housing projects in Haryana over the past decade. This directive comes as part of an ongoing investigation into the state's compliance with regulations and commitments related to affordable housing.

Haryana, known for its rapid urbanisation and infrastructure development, has been under scrutiny to ensure that its affordable housing schemes align with national policies and objectives. The court's request aims to assess the number and scale of projects approved, their implementation status, and the extent to which they have met the housing needs of economically weaker sections.

The Supreme Court's inquiry is a response to concerns about the effectiveness of affordable housing schemes and whether the benefits have reached the intended beneficiaries. By obtaining this information, the court seeks to verify if the projects have adhered to the prescribed guidelines and whether there have been any discrepancies or lapses in their execution.

This move is part of a broader effort to enhance transparency and accountability in the housing sector. The outcome of this inquiry could influence future policies and regulatory measures, ensuring that affordable housing initiatives are more effectively managed and aligned with the needs of the population.

Haryana's response to the Supreme Court?s request will be closely watched, as it may set a precedent for similar investigations in other states and impact the overall approach to affordable housing in India.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..