RBI rate cut impact on affordable housing: A reality check
RBI's 125 bps rate cut in 2025 lowers home loan EMIs, but high costs and weak borrower affordability keep developers away from affordable housing. Will supply respond?
Category : Search result: housing scheme fraud India
Vadodara PMAY Scam: Man Cheats 4, Takes Rs 1.78 Lakh
Sayajiganj police file a cheating case against a man for allegedly duping four people by promising houses under the Pradhan Mantri Awas Yojana (PMAY). Read the full details of the scam.
Shinde: Cluster Redevelopment Outperforms SRA in Thane
Deputy CM Eknath Shinde urges Thane residents to back the cluster redevelopment model, highlighting wider eligibility, larger flats, and superior civic amenities compared to SRA schemes.
Mumbai Societies Build Towers Without Developers
Pearl Queen in Santacruz leads Mumbai's self-redevelopment wave. Societies become promoters, bypass builders for bigger homes & profits. Discover the success stories.
UP STF Busts Gang for Rs 100 Crore Bank Fraud, 8 Arrested
Uttar Pradesh STF uncovers a major interstate loan fraud syndicate using forged documents & shell companies, arresting 8 including the mastermind. Details inside.
Kanpur: Rs 5 Cr Fraud in Blue Chip Scam, Accused Held
Dubai-based investors allege a massive fraud by Blue Chip Company in Kanpur, losing crores. Police arrest accused Ravindranath Soni and plan a Red Corner Notice. Read the full investigation details.
Sen. Kennedy Exposes $1 Billion Minnesota Fraud Scandal
US Senator John Kennedy condemns the massive $1 billion 'Feeding Our Future' pandemic aid fraud scheme, one of the largest welfare fraud cases in US history. Read the shocking details.
Mangaluru Bank Manager Accuses 15 of Rs 104.7 Crore Fraud
A Canara Bank manager in Mangaluru files a police complaint, alleging a Rs 104.7 crore loss due to fraudulent loan sanctions by 15 individuals. Read the full investigation details.
Bronx Affordable Housing Project Files Chapter 11 Bankruptcy
Dynamic Star LLC, owner of Bronx's Fordham Landing, files Chapter 11 to halt foreclosure. $55M state funding for 900 affordable units now under review. Read the latest on this major NYC housing development.
OSHB, BDA Allot 1,600+ Plots in Bhubaneswar
Odisha's housing bodies have allotted over 1,600 plots and houses in Bhubaneswar. Details on schemes like Satyasai Enclave, Ekamra Residency, and future projects revealed in the assembly. Read more.
Bengaluru bachelors fined Rs 5000 for overnight guests
A Bengaluru housing society fined tenants Rs 5,000 after two women stayed overnight. The rule targets only bachelors, sparking a viral debate on privacy and discrimination. Read more.
LDA Proposes 5% Extra Housing Discount for Soldiers
Lucknow Development Authority to offer an additional 5% discount on flats to armed forces personnel with gallantry awards. Proposal up for approval on Dec 5. Read more.
Goel Directs Action on 16-Year-Old Panchkula Housing Delay
Haryana Minister Vipul Goel directs Panchkula officials to resolve the 16-year delay in allotting plots under Mahatma Gandhi Awas Yojana and 13-year-old vacant model houses. Read for details.
Indian man jailed for $1.1 million US Medicare fraud
Mohammed Asif, owner of American Labworks, sentenced for fraudulent COVID-19 test billing scheme. He must repay $1.17 million and faces deportation. Read the full details.
Rs 55 Lakh Fraud Uncovered in 4 Jalandhar Cases
Jalandhar police register four separate fraud cases totaling Rs 55 lakh. Victims deceived by fake promises of jobs, loans, and online schemes. Authorities urge public vigilance.
Kochi Visa Fraud: Rs 5 Crore Lost, 25 Agents Held
Kochi police uncover major visa fraud ring shifting from healthcare to blue-collar job scams for Europe & Gulf. Over 25 agents arrested, victims lose Rs 5+ crore. Experts warn of new tactics targeting desperate youth.
Bajaj Housing Finance shares fall 9% after major stake sale
Shares of Bajaj Housing Finance tumbled over 9% after a massive block deal worth ₹1,890 crore. The move follows Bajaj Finance Ltd.'s plan to sell a stake. Read for key details and market impact.
Telangana CM Seeks Lower Hudco Interest for Key Projects
Telangana CM A Revanth Reddy urges Hudco for lower-interest loans to fund Bharat Future City, Metro expansion, and housing. Key meeting ahead of Global Summit.
4 Arrested in Kanpur for Cyber Fraud Using Govt Housing Schemes
Kanpur police bust a cyber fraud gang that duped people using fake government housing schemes and digital arrest threats. Four arrested, seven phones seized. Read the full investigation details.
OSHB's Vasudev Vihar Plot Handover Delayed for 2 Years
Retired govt employees in Bhubaneswar await plots from 2022 OSHB scheme. Development work incomplete despite Dec 2023 deadline. Buyers demand immediate possession.
DDA's 25% Discount on Flats: December Booking Open
Delhi Development Authority announces a huge 25% discount on flats. Bookings open from December 1. Grab this limited-time offer for affordable housing in Delhi.
75-year-old loses Rs 6 crore in WhatsApp share fraud
A 75-year-old Mumbai man was cheated of Rs 6 crore in a sophisticated WhatsApp share market scam. Learn how fraudsters operate and how to protect yourself from such investment frauds.
Mumbai First-Floor Slum Dwellers Housing Eligibility
Maharashtra government seeks SRA report on making first-floor slum residents eligible for free housing. Financial implications under scrutiny ahead of BMC polls.
Ahmedabad IT Pro Loses Rs 34.2L in UK Job Scam
A 30-year-old IT professional from Ahmedabad was cheated of Rs 34.2 lakh by fraudsters posing as UK job consultants. Learn how to protect yourself from such cyber fraud schemes.
Tier II Housing Sales Value Up 4% Despite Volume Decline
India's 15 major Tier II cities saw housing sales value increase 4% to ₹37,409 crore in Q3 2025, while volumes dropped 4%. Gujarat cities dominate with 60% market share. Experts call it strategic pause, not slowdown.
Dehradun SIT Hunts Developer in Rs 45 Crore Housing Scam
Dehradun police forms SIT to arrest real estate developer Shashwat Garg and family for duping investors of Rs 45 crore in Mussoorie Road housing project. Read the full investigation details.
Beautician Files Rs 10.73 Lakh Fraud Case in Gondal
A Gondal beautician alleges an Odisha cosmetics company defrauded her and two friends of Rs 10.73 lakh in distributor scheme. Police investigation underway.
Digital Arrest Scam: Retired Engineer Loses Rs 42.5 Lakh
A retired engineer in Kanpur was digitally arrested for 19 days and duped of Rs 42.50 lakh by fraudsters posing as CBI officials. Learn how this sophisticated cybercrime unfolded and how to protect yourself.
Kanpur jeweller cheated of Rs 10 lakh in Diwali scam
A Kanpur jeweller was duped of Rs 10 lakh by a Gujarat fraudster promising silver jewellery worth Rs 25 lakh for Diwali. Police investigation underway. Read full details.
Monk arrested in Rs 84 lakh fraud case after 7 years
Surat DCB police apprehend Kantilal Tada, who disguised as monk to evade arrest in multi-city cheating case. Suspect returned to visit cancer-stricken father after 7 years on run.
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