Housing And Urban Affairs Ministry

India's eight major cities saw an average 11 per cent increase in housing prices annually during the September quarter on strong demand, with Delhi-NCR witnessing the highest appreciation at 32 per cent, according to a report. Realtors' apex body CREDAI, real estate consultant Colliers and data analytic firm Liases Foras on Monday released their joint 'Housing Price-Tracker Report Q3 2024'. "Average housing prices across the top eight markets in India rose 11 per cent Y-o-Y (year-on-year) at Rs 11,000 per sq ft during Q3 (July-September) 2024, led by sturdy demand and positive market sentiments," the report said. The average housing prices have increased for the 15th consecutive quarter since 2021. All the eight major cities saw an annual increase in housing prices, the consultant said. Delhi-NCR witnessed the highest rise at 32 per cent Y-o-Y, followed by Bengaluru at 24 per cent Y-o-Y rise during the July-September period. According to the data, the average housing prices in .

The Union Housing and Urban Affairs Ministry has received 28 proposals from 23 states for incubation of new cities, which are currently with the competent authority for examination, the Lok Sabha was informed on Thursday. In February 2021, the ministry announced that the central government would develop eight new cities to meet the demand for expansion of urban areas. The 15th Finance Commission, set up by the government, has recommended an outlay of Rs 8,000 crore for developing new eight cities in eight states. A state may have only one new city through this fund. In a written response to a question, Union Minister of State for Housing and Urban Affairs Tokhan Sahu said that the amount available for each proposed new city is Rs 1,000 crore. In line with the recommendations of 15th Finance Commission, the HUA ministry constituted an expert committee (EC) for finalisation of bid parameters for incubation of new cities, the minister said. The committee finalised minimum eligibility

Union minister Manohar Lal Khattar on Monday said that states' contribution has been made mandatory under the second phase of the Pradhan Mantari Awas Yojana (Urban) for the smooth functioning of the government's ambitious housing scheme. Addressing a press conference on 100 days of the Modi government, the Union housing and urban affairs minister said that there was no such provision in place earlier, adding that in the PMAY (U) 2.0, some new parameters have been added. The minister said that the Modi government in its first Cabinet meeting after the Lok Sabha elections this year approved PMAY-U 2.0 for construction of additional one crore houses for eligible urban poor and middle-class families over the next five years. "In PMAY 2.0, some parameters have been changed. States' contributions have been mandatory as there were some difficulties during the first phase of this housing scheme," Khattar said. The Pradhan Mantri Awas Yojana-Urban 2.0 was launched by Prime Minister Narend

Union Housing and Urban Affairs Minister Manohar Lal Khattar on Monday said the draft Master Plan for Delhi-2041 (MPD) is currently under consideration and that it will be notified soon. Addressing a press conference on 100 days of the third term of the Modi government, Khattar said there have been some difficulties in preparing the final draft of the MPD, adding that some suggestions that have been received from the public are being considered. The approval of MPD has been pending for one-and-a-half years. In February last year, Delhi Lt Governor V K Saxena approved the draft MPD, saying that its thrust is on inclusive development, sustainability and innovative interventions such as transit-oriented development hubs, land pooling, heritage and Yamuna rejuvenation, and regeneration of the city. So far, the HUA ministry has not given its final approval to the MPD-2041. The MPD, prepared by the Delhi Development Authority, is a statutory document that facilitates city's development

The government is planning to introduce the 'Golden City Club' initiative aimed at recognising cities that consistently excel in various development indicators, Union Minister Manohar Lal Khattar announced on Friday. Khattar explained that this initiative will create a special category for cities which hold top ranks in government assessments across the country. "This year, we have devised a plan where those cities that come first every time will be grouped into a separate category called the 'Golden City Club,'" the union minister said. He further elaborated that only cities securing top positions in their respective categories would be included in the club. Each year, a new city that bags the top ranks in its vertical will be added to this prestigious club. "Every year, the top-ranking city will join the Golden City Club, and there will be separate competitions for this club," Khattar explained. However, the club will not be permanent for its members. Cities that fail to mainta

Union minister Manohar Lal Khattar said on Friday said out of 2,300 identified garbage dumping sites across India, 427 have been fully cleaned, freeing up 4,500 acres of land and asserted that the remaining locations would be cleaned in the next two years. The Minister of Housing and Urban Affairs of India, addressing media, said the nationwide garbage-free cities initiative began in 2021, with only 18 per cent of solid waste being processed at the time. Today, that figure has risen to 73 per cent. "We are currently processing 1.5 lakh tons of solid waste per day," he said, adding that the country has identified 22 crore metric tons of waste at 2,300 dump sites. Highlighting the country's progress towards creating garbage-free cities, Khattar noted that a significant portion of the cleaned land has been repurposed for development projects, including initiatives to generate electricity from waste. "Some of the projects on these lands are focused on waste-to-energy solutions," he ...

The Union Cabinet on Friday approved the Pradhan Mantri Awas Yojana-Urban (PMAY-U) 2.0 under which financial assistance will be provided to one crore urban poor and middle-class families through states and Union Territories to construct, purchase, or rent a house at an affordable cost in urban areas in five years. The decision was taken at a Cabinet meeting chaired by Prime Minister Narendra Modi. According to a statement, the government will provide an assistance of Rs 2.30 lakh crore under the scheme. A total of 1.18 crore houses have been sanctioned in the first phase of PMAY-U 2.0, while more than 85.5 lakh houses have already been constructed and delivered to the beneficiaries. The PMAY-U is one of the major flagship programmes of the Central government which is aimed at providing all-weather 'pucca' houses to all eligible candidates in the urban areas. "In pursuance of the Prime Minister's vision, PMAY-U 2.0, with an investment of Rs 10 lakh crore, will address the housing

The Union housing and urban affairs ministry on Wednesday said it has extended the deadline for the Smart Cities Mission till March 2025, allowing cities to complete ongoing projects, which account for around 10 per cent of the total projects. In a statement, the ministry said the mission has been getting multiple requests from some states to grant some more time to complete the remaining projects. These projects are in the advanced stage of implementation and got delayed due to various on-ground conditions, the statement said. This is the second time that the mission deadline, which was earlier June 2024, has been extended. "As on July 3, 2024, the 100 cities have completed 7,188 projects (90 per cent of total projects) amounting to Rs 1,44,237 crore as part of the mission. The balance 830 projects amounting to Rs 19,926 crore are also in advanced stages of completion," it said. According to the ministry, on the financial progress, the mission has an allocated budget of Rs 48,000

Khattar, considered close to PM since their time together in the Rashtriya Swayamsevak Sangh, will be taking over two ministries that will shape the socio-economic growth of the country

The Indian FMCG industry experienced a 6.5 per cent growth in volume terms at a national level in the January-March period of 2024, with rural consumption surpassing urban for the first time in five quarters, according to consumer intelligence firm NielsenIQ. Both food and non-food sectors contributed to the growth in consumption in the first quarter of 2024, but non-food saw almost double the growth as compared to food, NielsenIQ (NIQ) said in its quarterly snapshot for Q1 2024. The FMCG industry has experienced a 6.6 per cent growth in value, attributed to a 6.5 per cent increase in volume at an all-India level. The volume growth for this quarter was higher than Q1 2023, which stood at 3.1 per cent, it added. NIQ Head of Customer Success India, Roosevelt Dsouza said, "The FMCG industry's growth continues to be driven by consumption trends in Q12024 with rural areas surpassing urban growth for the first time in five quarters." Notably, Dsouza said home and personal care (HPC) ...

The government has floated tenders for procuring electric buses under the PM-eBus Sewa scheme, Union Housing and Urban Affairs Ministry Hardeep Singh Puri said on Friday. Under the scheme, 10,000 electric buses will be provided to 169 cities under the public-private partnership model. Addressing a press conference, Puri said his ministry's officials were in touch with bus manufacturers. "Tenders have been floated to procure buses. The bidding will be completed by the end of January." According to the plan, people travelling in these buses can buy tickets through an automatic fare system while the operators will be paid based on the travel distance. The scheme, which will continue till 2037, will have an outlay of Rs 57,613 crore, of which Rs 20,000 crore will be provided by the Central government and the remaining will be borne by the states. The government said priority will be given to cities which do not have an organised bus service. Talking about his ministry's achievements

There is a need to look to the future and focus on creating a holistic urban ecosystem for ensuring last-mile access to services, enhanced operational efficiencies, financial sustainability of projects, and integration of digital technology, said Housing and Urban Affairs Minister Hardeep Singh Puri on Wednesday. He highlighted that Indian cities need to increase their capabilities -- individually, organisationally, and institutionally. He was speaking at a national workshop organised by the Ministry of Finance and Ministry of Housing and Urban Affairs (MoHUA) in association with the International Finance Corporation (IFC). The workshop aimed at bringing out the key learnings towards attracting private capital for urban infrastructure in the context of the work done by the IWG during India's G20 Presidency. The New Delhi Leaders Declaration (NDLD) 2023, has endorsed the Principles for Financing Cities of Tomorrow: sustainable, resilient, and inclusive as one of the key outcomes of

Benefits of the Prime Minister Street Vendor's AtmaNirbhar Nidhi scheme has been availed by more than 50 lakh street vendors across the country, the Union Housing and Urban Affairs Ministry on Tuesday and termed it a momentous milestone. In a statement, the Union Housing and Urban Affairs Ministry said PM SVANidhi is a pioneering initiative by the Central government aimed at integrating street vendors into the formal economic system and facilitating access to formal channels of credit. "This collective endeavour resulted in the disbursement of a remarkable 65.75 lakh loans, benefiting over 50 lakh street vendors, with a total value exceeding Rs 8,600 crore. "It is noteworthy that public sector banks have played a pivotal role in achieving this significant milestone through their support of the first-ever micro-credit scheme designed for urban poor socio-economic section," it stated. According to the ministry, states have wholeheartedly embraced the scheme with the recent campaign .

Housing and Urban Affairs Minister Hardeep Singh Puri on Friday said more than 60 crore people are estimated to reside in cities by 2030 because of rapid urbanisation and stressed the need to increase adoption of new technologies in the construction industry. The minister was addressing a conference on 'Adoption of New and Emerging Building Materials and Technologies in Construction Industry', being organised by realtors' apex body CREDAI, which represents more than 13,000 developer members. "It is imperative we find feasible ways to increase the adoption of emerging materials and technologies in the construction industry," Puri said. Talking about the government's commitment in this regard, Puri recalled that the Prime Minister had emphasised the need to accelerate the movement from these older technologies into new cutting-edge technologies in the construction industry. On its part, the ministry has short-listed 54 innovative construction technologies from all over the world unde

Participants will also deliberate on leveraging urban planning tools to achieve sustainable and planned development

To evaluate and accelerate the scale of planning and implementation of the Swachh Bharat Mission Urban 2.0, the Union housing and urban affairs ministry will organise a review-cum-workshop on Monday, according to a statement. The ministry said over the last eight years, the mission has revolutionised sanitation in urban India by building nearly 70 lakh household, community and public toilets, and more than 4,000 cities have been declared Open Defecation Free (ODF), thus providing safe and dignified sanitation solutions for all. The mission, the statement said, has focused on inclusive sanitation by prioritising the needs of women, transgenders and 'divyangs'. The day-long review-cum-workshop will be organised in presence of Union Housing and Urban Affairs Minister Hardeep Singh Puri at the Vigyan Bhawan, it said. Discussions will be held around municipal solid waste management, municipal used water management in small cities, community toilets and public toilets management, 'safai

If this move sees daylight, it is expected to relieve thousands of homebuyers living with the scary thought of all their money going down the drain if in case their developer goes bankrupt

Housing and Urban Affairs Secretary Manoj Joshi on Monday pitched for a "credible framework" to differentiate between good and bad real estate developers, enabling the realty sector in accessing credit easily from banks to build projects without being dependent on customers' money. Addressing a real estate conference organised by CII, the secretary noted that real estate projects, especially housing, are largely funded through customer advances and said this model needs to be changed. He suggested that the credible framework could be a rating system and appraisal of past performances. Joshi pointed out that one of the main reasons for the delay in the construction of projects is cash flow issues. He said there is no bank finance at the level of main contractors and small vendors, which leads to project delays and cost inefficiencies. "Are we helping our economy by not providing finance to such an important segment of our economy?" he asked. "We are hurting far more," he quipped. "

Going forward, the focus will be development of a region as a whole, a senior government official said, adding that towards this, as many as 100 projects for area planning has already been taken up

Over the last few years, technology has played a key role in improving project implementation, and leveraging new-age technologies for collaborating data among various projects is also in line with the prime minister's Gati Shakti vision, a top official said on Friday. Manoj Joshi, Secretary of the Ministry of Housing and Urban Affairs (MoHUA), made the remarks at the knowledge-sharing conference 'Leveraging Technology in Project Implementation' here which was led by the National Capital Region Transport Corporation (NCRTC). During the inaugural session, Joshi said, over the last few years, technology has played a key role in improving project implementation, by construction and infrastructure agencies. "Leveraging new-age technologies for collaborating data among various projects is also in line with the prime minister's vision of Gati Shakti master plan, and is going to help the upcoming projects in the country," he was quoted as saying in a statement issued by the NCRTC. The ...