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MoEFCC Eases Environmental Norms for Real Estate Projects in Tamil Nadu

Real Estate

MoEFCC Eases Environmental Norms for Real Estate Projects in Tamil Nadu

The Ministry of Environment, Forest and Climate Change (MoEFCC) has relaxed compliance requirements for real estate and infrastructure developers in Tamil Nadu, allowing approved projects to avoid fresh environmental clearances if there is a reduction in built-up area.

September 12, 2025
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GST Rate Cuts on Construction Materials to Boost Housing Market, Especially Mid-Income Segment

real estate news

GST Rate Cuts on Construction Materials to Boost Housing Market, Especially Mid-Income Segment

BPTP CEO Manik Malik anticipates improved affordability and buyer confidence, especially in the mid-income segment, following recent GST rate cuts on cement and construction materials.

September 11, 2025
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GST Council Reduces Rates on Housing Materials: A Boon for the Common Man

Real Estate

GST Council Reduces Rates on Housing Materials: A Boon for the Common Man

The GST Council has announced significant cuts in GST rates on key building materials, providing a much-needed relief to the housing and construction sector. This move is expected to boost demand and create new job opportunities.

September 9, 2025
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GST Cuts Brighten Outlook for Real Estate Sector

real estate news

GST Cuts Brighten Outlook for Real Estate Sector

Recent GST cuts have significantly reduced complexity in the real estate sector, enabling faster and more efficient project execution. This has led to lower overall construction costs, a crucial factor in a highly price-sensitive market.

September 9, 2025
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GST Council Cuts Rates on Key Housing Materials, Providing Relief to Homebuyers

real estate news

GST Council Cuts Rates on Key Housing Materials, Providing Relief to Homebuyers

The GST Council has announced significant reductions in GST rates on essential building materials, providing a major relief to the housing sector and the common man. This move is expected to reduce the overall cost of construction and improve affordability for middle-class families.

September 9, 2025
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Odisha Government Mandates CC and OC for Real Estate Handovers

real estate news

Odisha Government Mandates CC and OC for Real Estate Handovers

The Odisha Housing and Urban Development (H&UD) department has issued a notification, following a Supreme Court directive, mandating that realtors obtain a building’s Completion Certificate (CC) or Occupancy Certificate (OC) before handing possession over to buyers.

September 9, 2025
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Mixed Reactions to GST Cuts in Real Estate and Construction Sector

Real Estate Maharashtra

Mixed Reactions to GST Cuts in Real Estate and Construction Sector

The 56th GST Council meeting introduced significant tax changes for the real estate and construction sectors, leading to varied responses from industry stakeholders. While some builders see potential benefits for budget housing, others remain skeptical about the overall impact.

September 8, 2025
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GST Cuts in Real Estate: Mixed Reactions as Developers Weigh Benefits and Challenges

Real Estate Mumbai

GST Cuts in Real Estate: Mixed Reactions as Developers Weigh Benefits and Challenges

The recent Goods and Services Tax (GST) reductions for the real estate and construction sector have elicited mixed responses from developers, with some seeing potential benefits and others expressing skepticism about the impact.

September 8, 2025
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GST Cuts Spark Mixed Reactions in Real Estate Sector

real estate news

GST Cuts Spark Mixed Reactions in Real Estate Sector

Recent reductions in GST rates for construction materials have elicited varied responses from real estate developers. While some see it as a positive step towards affordability, others believe the impact will be minimal.

September 8, 2025
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Odisha Government Enforces Strict New Rules for Real Estate Handovers

Real Estate

Odisha Government Enforces Strict New Rules for Real Estate Handovers

The Odisha government has introduced new regulations requiring real estate developers to obtain completion or occupancy certificates before handing over possession of buildings to buyers. This move, aligned with Supreme Court directives, aims to curb unauthorized constructions and ensure compliance with building standards.

September 8, 2025
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GST 2.0: A Boon for Housing Prices and Real Estate

real estate news

GST 2.0: A Boon for Housing Prices and Real Estate

The implementation of GST 2.0 is expected to bring a 5-8% correction in housing prices, making homes more affordable for the middle class and boosting the real estate sector. This article explores the implications and benefits of the new tax reforms.

September 7, 2025
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Malpani Pipes and Fittings Partners with China’s Yongkang Gaocheng for Enhanced Construction Solutions

Real Estate

Malpani Pipes and Fittings Partners with China’s Yongkang Gaocheng for Enhanced Construction Solutions

Malpani Pipes and Fittings has announced a strategic partnership with China’s Yongkang Gaocheng to bring advanced construction solutions to the Indian market. This collaboration aims to enhance the quality and efficiency of plumbing and construction projects.

September 6, 2025
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GST 2.0: How Will Cuts in Cement, Marble, and Tile Rates Impact Homebuyers?

real estate news

GST 2.0: How Will Cuts in Cement, Marble, and Tile Rates Impact Homebuyers?

While immediate price reductions for homebuyers may be limited, real estate developers are expected to pass on savings through festive offers and flexible payment plans, making homes more affordable.

September 6, 2025
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GST Overhaul Paves the Way for Affordable, Boosted Real Estate Growth

Real Estate Maharashtra

GST Overhaul Paves the Way for Affordable, Boosted Real Estate Growth

NAREDCO Maharashtra welcomes the GST slab rationalization rolled out effective September 22, 2025, reducing construction costs and boosting real estate growth.

September 6, 2025
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Mumbai's Willingdon Society Residents Face Rs 35 Crore Penalty for Irregular Construction

Real Estate Mumbai

Mumbai's Willingdon Society Residents Face Rs 35 Crore Penalty for Irregular Construction

Residents of the Willingdon View Cooperative Housing Society in Tardeo, Mumbai, have been ordered to pay a substantial penalty of Rs 35 crore to the Brihanmumbai Municipal Corporation (BMC) to regularize their building. This move underscores the civic administration's commitment to enforcing planning norms and addressing irregular construction.

September 6, 2025
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GST 2.0: Significant Cuts in Cement and Other Construction Materials to Boost India's Real Estate Sector

Real Estate

GST 2.0: Significant Cuts in Cement and Other Construction Materials to Boost India's Real Estate Sector

India's real estate sector is set for a significant boost as the government slashes GST rates on key construction materials, including cement, marble, and granite, potentially lowering project costs for developers and homebuyers.

September 5, 2025
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GST Council’s Decision on Construction Materials: A Boon for Real Estate and Housing

Real Estate

GST Council’s Decision on Construction Materials: A Boon for Real Estate and Housing

Mr. Venkatesh Gopalakrishnan, Director Group Promoter’s Office and MD of Shapoorji Pallonji Real Estate, discusses the impact of the recent GST rationalisation on the real estate sector. The rate cuts on essential construction materials are expected to significantly ease project costs and boost affordability for homebuyers.

September 5, 2025
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GST Council's Decision to Rationalise Tax Rates: A Boon for the Real Estate Market

real estate news

GST Council's Decision to Rationalise Tax Rates: A Boon for the Real Estate Market

The GST Council’s recent decision to reduce tax rates on essential construction materials is expected to significantly ease project costs for developers and boost affordability for homebuyers, particularly in the affordable and mid-income housing segments.

September 5, 2025
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GST 2.0 Set to Boost Real Estate Sector with Lower Tax on Construction Materials

Real Estate Maharashtra

GST 2.0 Set to Boost Real Estate Sector with Lower Tax on Construction Materials

The reduction in tax rates under GST 2.0 is expected to alleviate financial pressure and boost both residential and commercial real estate projects.

September 5, 2025
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RDB Real Estate Construction: Navigating Intense Selling Pressure and Price Declines

Real Estate

RDB Real Estate Construction: Navigating Intense Selling Pressure and Price Declines

RDB Real Estate Construction Ltd is facing significant selling pressure, with a six-day decline resulting in a 27.69% loss. The stock has underperformed compared to the Sensex, showing a stark drop over various time frames.

September 5, 2025
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