affordable housing

Odisha leads the nation in completing houses under Pradhan Mantri Awas Yojana-Urban (PMAY-U 2.0), consistently securing the top spot since March 2025. The state has achieved significant progress, with 2,008 houses completed and many more underway. This success is credited to strong coordination and swift execution, with officials aiming to finish remaining projects ahead of schedule.

Panipat is emerging as a new township center in North India, driven by its strategic location near Delhi, robust industrial base, and evolving consumer aspirations. Integrated townships are transforming residential living, offering planned communities with modern amenities. This value-driven growth, characterized by affordability and improving connectivity, positions Panipat as an ideal property destination with significant investment potential.

affordable housing sales plummeted 23% in early 2026, with builders citing rising costs and shifting demand towards pricier properties. While mid-range segments also saw dips, luxury homes experienced significant growth. Overall housing sales declined 4%, impacted by high prices and global uncertainties, indicating growing affordability pressures.

Kochi Assembly, a vibrant urban seat in Ernakulam, is currently held by CPI(M)'s K.J. Maxy since 2016. This constituency, encompassing parts of Kochi Municipal Corporation and gram panchayats, faces challenges like urban flooding, waste management, and traffic congestion. Fisherfolk welfare and heritage preservation are also key concerns for its diverse electorate.

Silicon Valley's real estate is witnessing a stark divide, fueled by the AI boom. Luxury homes are soaring in value, while lower-end properties are declining. This trend, unlike in other major cities, highlights a 'K-shaped economy' where AI wealth benefits a select few, leaving many salaried workers struggling with affordability and job security concerns.

Mumbai's housing lottery has drawn immense interest. The Maharashtra Housing and Area Development Authority received over 16,400 applications for 2,640 homes. This highlights the persistent shortage of affordable housing in India's financial capital. The lottery draw is scheduled for May 15. Homes are available across Mumbai, catering to various income groups.

A Mumbai woman's claim of living alone on ₹18,000 monthly has sparked a viral debate online. Her reported ₹11,500 rent for a 1RK, along with other modest expenses, has drawn skepticism and disbelief from many users questioning its feasibility in the city. The conversation highlights differing perspectives on Mumbai's cost of living.

Bhubaneswar Development Authority (BDA) has resumed its large-scale eviction drive in Shampur, reclaiming eight acres of government land previously encroached upon by land mafias. The operation, which saw 187 houses demolished, aims to facilitate an affordable housing project. Officials emphasized the legal process followed and vowed to continue until all encroachments are cleared for planned city development.

An American mom, Kelsey, shared how raising her four children in India has brought unexpected joys and valuable lessons. Her viral Instagram post highlights India's legendary hospitality, a shift towards natural healing, affordable help, healthier groceries, and accessible transportation as key enrichments for her family's life.

US Senate Democrats are increasingly divided over arms sales to Israel, with over three dozen backing Bernie Sanders' resolution to halt them. Citing Prime Minister Netanyahu's "reckless decisions" and the expanded conflict, some Democrats shifted their stance. Despite bipartisan opposition, the measures were ultimately rejected, highlighting a growing internal party debate.

A planned coastal road threatens the livelihood of 50 fishing families in Charkop koliwada, Mumbai. Despite alignment changes, approach roads and bridge construction will destroy vital mangrove habitats and the aquatic environment, impacting fish nurseries and local wildlife. Fisherfolk fear the irreversible damage to their centuries-old way of life.

S&P Global in its latest report titled India's Strong Fundamentals Would Cushion The Blow Of An Oil Shock says India is equipped to handle some strain. The report assumes a base case scenario of oil prices at an average of $130 per barrel for 2026 and $100 in 2027.

Bhubaneswar Development Authority has partnered with Singapore-based Surbana Jurong to create a master plan for a new city spanning 800 acres. This ambitious project aims to establish a multi-economic growth zone with transit-oriented development, affordable housing, and state-of-the-art infrastructure, fostering inclusive growth and planned urban expansion for the capital.