Chennai, July 28 (IANS) The Tamil Nadu government has imposed a three-month temporary ban on the transportation of gravel, cut stones, M-sand, metal jelly and other construction materials from the state to neighbouring states, citing rising domestic demand, shortages, escalating prices and concerns over illegal mining and road safety. The order was issued by Prabhu Shankar, Director of the Department of Geology and Mining, who said the decision was taken to ensure the uninterrupted supply of ess…
Latest Housing Projects News & Updates
New Delhi, July 3 (IANS) In a significant development in its ongoing investigation into large-scale fraud involving homebuyers, the Central Bureau of Investigation (CBI) on Friday filed its 13th chargesheet against Rudra Buildwell Projects Pvt. Ltd. and its director in connection with alleged fraudulent activities related to a housing project in Greater Noida. According to the CBI, the investigation revealed that the accused builder company and its director, as part of a criminal conspiracy, all…
Ahmedabad, Feb 4 (IANS) With a focus on major infrastructure, mobility, environmental sustainability, and sports facilities linked to preparations for the 2030 Commonwealth Games, the Ahmedabad Municipal Corporation (AMC) on Wednesday presented its Draft Budget for 2026-27 with a total outlay of Rs 17,018 crore.The draft estimates revenue expenditure at Rs 7,150 crore and capital expenditure at Rs 9,868 crore. Presenting the budget, Municipal Commissioner Banchhanidhi Pani stated that no new tax…
Mumbai, Jan 18 (IANS) Real estate firm Lodha Developers Limited has reported a 15 per cent increase in its net debt during the October-December quarter (Q3 FY26), reaching Rs 6,170 crore. The rise is attributed to the company’s aggressive land acquisitions aimed at expanding its business, according to its key business updates to exchanges.For comparison, the company’s net debt was Rs 5,370 crore at the end of September 2025.Despite the increase, Lodha Developers said its net debt remains wel…
New Delhi, Jan 8 (IANS) The government-backed SWAMIH Investment Fund is expected to deliver more than one lakh homes across the country, providing much-needed relief to over four lakh people who were stuck in long-delayed housing projects, Ministry of Finance said on Thursday.The Special Window for Affordable and Mid-Income Housing (SWAMIH) Investment Fund was launched in November 2019 after approval by the Union Cabinet chaired by Prime Minister Narendra Modi.The initiative was created to provi…