Kerala builders seek to revise affordable housing price cap under PMAY scheme
In a representation, T. A. Joseph, Managing Director, Confident Group, pointed out that the ₹45 lakh price cap established in 2015 has not been revised for nearly a decade. The construction costs, land prices, labour wages and raw material costs have gone up by around 30-35 per cent after Covid and delivering quality homes within the existing cap has become increasingly unviable, particularly to small and mid-sized developers.

Affordable housing supply drops 54% in Tier 2 cities in Q1 2025
Source Credit: ANI, The Tribune

After Ramanagara’s renaming, Tumakuru seeks Bengaluru North tag as land prices surge 15%
 

Centre pushes infrastructure growth in Ladakh; Sitharaman flags off development projects
 

Cement firm moves high court challenging Bengal government’s denial of promised fiscal sops
Nu Vista, a wholly owned subsidiary of cement manufacturer Nuvoco Vistas Corp, has filed a writ petition before Calcutta High Court challenging the constitutional validity of the ‘Revocation Act’ passed by the Bengal government to rescind pending fiscal incentives promised to industries.

Ratu road flyover construction work reaches last stage
 

HBL Engineering bags ₹132.95 cr railway contract for Kavach safety system