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24 Jun 2025
The Pradhan Mantri Awas Yojana is a housing initiative by the central government launched in 2015 with the aim to provide 'Housing for All' by 2022. It is divided into two parts; PMAY- Urban and PMAY-Gramin catering to urban and rural housing respectively. PMAY-U aims to construct 20 million houses for EWS and LIG groups in urban areas via promotion of in-situ slum redevelopment, subsidies to private companies for construction of affordable housing projects and a Credit Linked Subsidy Scheme (CLSS) for home loans availed by EWS, LIG and MIG groups. PMAY - G aims to provide a 'pucca' house, with basic amenities like piped drinking water, electricity connection, and Liquefied Petroleum Gas (LPG) connection through various state run scheme.
23 Jun 2025
The Maharashtra Housing & Area Development Authority (MHADA) is a flagship housing scheme established under the Maharashtra Housing and Area Development Act, 1976. It came into existence in the year 1977. It is a lottery system under which certain housing units are allotted in some specified areas each year, especially for the people who fall under lower and middle-income groups. Currently, it provides affordable housing options under the Pradhan Mantri Awas Yojana (PMAY).
20 Jun 2025
Affordable Rental Housing Complexes( ARHCs) is a sub-scheme under the Pradhan Mantri Awas Yojana � Urban (PMAY-U) scheme, initiated by the Ministry of Housing & Urban Affairs. It aims to provide affordable rental housing to urban migrants and poor. The ARHCs will comprise of a mix of single bedrooms and dormitory style units along with common facilities and amenities. These spaces will be leased for a minimum period of 25 years. Under the ARHC scheme, government funded vacant houses will be converted to ARHCs and new structures will be erected on available vacant land for this purpose which will managed through Public Private Partnership or Public Agencies.
19 Jun 2025
The Slum Rehabilitation Authority (SRA) is a planning authority formed under the Slum Rehabilitation Act in December 1995. It was established to serve as a planning authority for all slum areas in the jurisdiction of Municipal Corporation of Greater Mumbai. The SRA authority undertakes activities such as assisting slum dwellers in forming co-operative societies, assisting in certification of eligibility of slum-dwellers, taking punitive action on non-participating slum-dwellers obstructing the scheme, survey, and measurement on slum lands grant of building permissions, leasing of rehabilitation plots and free-sale plots and updating of property cards (PR cards) and more.
18 Jun 2025
Indian Green Building Council (IGBC) Green Homes is a rating programme developed in India, exclusively for the residential sector. The objective is to facilitate the effective use of site resources, water conservation, energy efficiency, handling of household waste, optimum material utilization and design for healthy, comfortable & environmentally friendly homes. The certification levels awarded are Silver, Gold, and Platinum based on the extent of sustainable practices followed.
17 Jun 2025
Alternate Investment Funds (AIFs) is a privately pooled investment vehicle that collects funds from India and abroad for investing into asset classes with a defined policy. The concept was first introduced in India in 2012. Under AIF regulations issued by SEBI, funds can be classified into three categories. Real estate AIFs fall under category II.
16 Jun 2025
Construction and demolition (C&D) waste refers to waste generated from construction, renovation, repair, and demolition of houses, large building structures, roads, bridges and dams. It also includes any surplus and damaged products and material arising through the course of construction work or used temporarily during the course of on-site activities. Materials found in C&D waste can be but are not limited to wood, steel, concrete, gypsum, masonry, plaster, metal, and asphalt. C&D waste can contain hazardous materials such as asbestos and lead.
13 Jun 2025
The finishing stage in the construction cycle is the process of completing the construction project. This includes painting, installing flooring, and completing any final touches. The finishing stage is critical as it ensures that the building is ready for occupancy. Finishing is a very labour intensive process which requires detailed project planning to ensure all activities are done in the right sequence to avoid any quality issues in the future.
12 Jun 2025
Configuration refers to the arrangements of different elements in a particular form or combination. In real estate, configuration refers to the arrangement of different rooms in a single unit (flat).
11 Jun 2025
Precast concrete, also known as prefabricated concrete is an alternative to cast-in-situ concrete. It is produced at an off-site controlled factory environment where moulds are used to cast elements such as slabs, walls, columns, beams, etc which are then transported to the construction site for assembly. This method eliminates the need for time-consuming on-site casting and curing, allowing for faster project completion.