Nod for construction of 1.23 lakh houses under Pradhan Mantri Awas Yojana-Urban

27 Sep 2019 Editorial Team

As reported, the government in a statement announced that construction of about 1.23 lakh houses was approved as a part of the Pradhan Mantri Awas Yojana-Urban (PMAY-U). This brought the total number of houses permitted under the scheme to more than 90 lakh.

The approval was sanctioned by the Central Sanctioning and Monitoring Committee (CSMC) that considered and gave the go-ahead to a total of 630 proposals from participating states. The construction of all units is set to require investments of about Rs 4,988 crore.

The state-wise demarcation of approved housing units is as follows:

West Bengal – 27,746
Tamil Nadu – 26,709
Gujarat – 20,903
Punjab – 10,332
Chhattisgarh – 10.079
Jharkhand – 8,674
Madhya Pradesh – 8,314
Karnataka – 5,021
Rajasthan – 2,822
Uttarkhand – 2,501

As per the PMAY-U, all 90 lakh houses are sanctioned against the target of 1.12 crore by 2022. Additionally, the scheme will receive an overall investment of Rs 5.54 lakh crore.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..