Aurum PropTech's loss narrows to Rs 14.6 Mn in Q2 FY25

22 Oct 2024 CW Team

Aurum PropTech has reported net loss after tax of Rs 14.6 million during the quarter ended September 30, 2024. It had recorded loss after tax of Rs 39.5 million in the corresponding quarter of the previous fiscal, the company said in a BSE filing. The company's net consolidated total income stood at Rs 68.4 million in Q2 FY25, a growth of 6.71%from Rs 64.1 million it recorded in the similar quarter last year.

The business was reorganised into three business segments with a focus on rental, distribution and capital offerings, it said in a media release. Rental business segment demonstrated 32% revenue growth which was majorly driven by expansion in rental offerings and improved wallet share. The Co-living business added two new cities, increased the number of properties and launched short stays contributing to higher revenue growth. The Family Rentals business added more revenue streams with NestAway Lite and managed services thus increasing customer base and wallet share. Capital business segment commenced transformation of the fractional ownership business into SEBI regulated SM-REIT model.

The board of directors of the company has allotted 63,550 equity shares of Rs 5 each pursuant to employees' stock option plan 2021.

Infrastructure Urban

13 Mar 2026

Implementation Status of Jal Jeevan Mission

Since August 2019 the Government has implemented Jal Jeevan Mission to provide assured potable water through household tap connections in rural India. At the start of the mission only 32.3 million (mn) rural households, representing 16.7 per cent, were reported to have tap water connections. States and union territories have reported that 125.8 mn additional rural households have since been provided with tap connections. As a result, of about 193.6 mn rural households roughly 158.2 mn, or 81.71 per cent, are reported to have tap water supply at home.\n\nThe State, district and village level st..

Jal Jeevan Mission Reaches Eighty One Per Cent Rural Coverage

The Government reported substantial progress under the Jal Jeevan Mission, launched in August 2019 to provide tap water to every rural household. At launch only 32.3 million (mn) rural households had tap connections and states and Union territories reported provision of 125.8 mn additional households by March 2026. Consequently, out of about 193.6 mn rural households around 158.2 mn, or 81.71 per cent, are reported to have tap water at home. The Finance Minister announced extension of the mission until 2028 in the 2025-26 budget speech. The Swachh Bharat Mission Grameen, launched in October 20..

Empowering Local Governance for Sustainable Rural Water Supply

The Ministry of Jal Shakti has aligned the Jal Jeevan Mission (JJM) with the 73rd Amendment to strengthen village level planning and community ownership of water supply. Gram Panchayats, village water and sanitation committees and Pani Samitis are to plan, implement, manage and maintain piped water systems, with gram sabha processes formalising handover and oversight. Implementation support agencies including non government organisations, community based organisations and self help groups have been empanelled to train local committees and promote women participation. Under JJM, the department ..