Dhruv Agarwala, Group CEO of Housing.com & PropTiger.com, discusses the positive aspects of real estate in the budget, highlighting the need for capital gains tax and stamp duties reforms to revive the sector.
Real EstateBudgetTaxesAffordable HousingIndiaReal EstateJul 27, 2024
Demonetisation led to a significant downturn in the real estate sector, as it resulted in a liquidity crunch and a decrease in demand for properties.
The Pradhan Mantri Awas Yojana is a government initiative aimed at providing affordable housing to millions of Indians, particularly in urban areas.
Reforms in capital gains tax and stamp duties are necessary to increase affordability and incentives for homebuyers, which will help revive the sector.
Housing.com and PropTiger.com are leading real estate platforms that provide a comprehensive online real estate experience, including property buying, selling, and renting.
The Indian real estate sector has been facing challenges in recent years, but the recent budget has brought some positive news, and the sector is expected to recover in the coming years.
In the competitive world of real estate, the Ram Rattan Group has set new benchmarks in luxury farmhouse living. Their strategic location along the Delhi-Mumbai Expressway offers unparalleled access to urban amenities while maintaining a serene countrysid
Real estate data analytics firm PropEquity has released the latest sale numbers for India's top nine housing markets, including Delhi-NCR, Mumbai, and Navi Mumbai, highlighting a significant 21% decline in housing sales during the third quarter.
Sundaram Alternates, a prominent alternative investment firm, has successfully raised Rs 1,000 crore in commitments for its latest real estate credit fund. This marks the fourth successful fundraiser for the company under its real estate strategy.
Macrotech Developers, a leading real estate developer, has seen its Q3 profit soar by 88% to ₹944 crore, driven by higher income from its projects. The company has successfully delivered approximately 100 million square feet of real estate developments.
The Maharashtra Government has committed to building one lakh affordable homes in Pune to address the growing housing crisis in the region. This initiative aims to provide affordable living options for the city's rapidly increasing population.
Homebuyers are breathing a sigh of relief as Suraksha-led Jaypee Infra has successfully secured RERA revalidation for seven stalled projects. This development brings new hope for the completion of long-delayed housing units.