Details of both models were shared by Minister of State (Independent Charge), Ministry of Housing and Urban Affairs (MoHUA), Hardeep Singh Puri while releasing an ARHCs knowledge pack in New Delhi on Friday via video conference.

The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman, on Thursday, reviewed the performance of Special Window for Affordable and Mid Income Housing (SWAMIH) with ministry officials and senior management team of the State Bank of India, SBI Capital Markets Ltd and SBICAPS Ventures Limited (SVL).

International consultancy and construction company, Mace, and India’s leading real estate services company, ANAROCK Group, have announced a collaboration to bring unique real estate services to immediately benefit the Indian market.

In an important move on Wednesday evening, the Union Cabinet, chaired by Prime Minister Narendra Modi, gave its approval for the development of Affordable Rental Housing Complexes (AHRCs) for urban migrants and poor as a sub-scheme under Pradhan Mantri Awas Yojana-Urban (PMAY-U).

Welspun One Logistics Parks (WOLP) launched its maiden 110-acre Grade-A warehousing park with a leasable area of 3.2 million sq. ft and an estimated investment of Rs 9 billion ($120 million) in Bhiwandi, a key warehousing market in the Mumbai Metropolitan Region (MMR), India’s largest consumption centre.

Across the world, some of the largest REITs own property types such as telecommunication infrastructure, industrial, data centres, retail malls, healthcare facilities, commercial offices, residential projects and several other assets. In comparison, it was only 17 per cent as of August 2019 in India.

Intending to facilitate investment in the roads & highways sector, the state-owned builder of expressways under the Ministry of Road Transport and Highways (MoRTH), the National Highways Authority of India (NHAI) is in the process of setting up an infrastructure investment trust (InvIT).

The Govt of India, the State Government of Tamil Nadu and the World Bank on Monday signed legal agreements to help low-income groups in the state of Tamil Nadu get access to affordable housing.

Government think-tank NITI Aayog and the International Transport Forum (ITF) of the Organisation for Economic Development and Cooperation (OECD) jointly launched the Decarbonising Transport in Emerging Economies (DTEE) project in India on Wednesday.