The government's plan to cut income tax rates in the Union Budget 2025-26 has been widely welcomed by real estate firms, investors, and experts. This move is expected to boost disposable income and spur investments in the residential housing market, parti
Real EstateTax ReliefAffordable HousingReitsMiddle ClassReal Estate MumbaiFeb 02, 2025
The main benefit is the potential boost in disposable income for the middle class, which is expected to increase demand for residential housing and other real estate investments.
The Nifty realty index rose 3.3% on the day of the announcement, marking its best performance in nearly eight months.
Prominent real estate companies such as Prestige Estates, DLF, and Sobha saw gains between 2% and 6%.
This provision minimizes tax pressures, promotes homeownership, and facilitates real estate investment, especially in second homes and Tier 2 and 3 cities.
Experts like Anuj Puri and Badal Yagnik believe that these measures will strengthen demand for affordable housing, boost disposable income, and spur consumption levels and real estate investments.
According to police sources, the 60-year-old man, who works for a prominent real estate company in Mumbai, was in touch with the accused woman for several months. The woman and her accomplices used threats and blackmail to extort a total of Rs 36.89 lakh
Almal Real Estate Development is poised to expand into new verticals and international markets, marking a significant step in its strategic growth plan.
The stock of real estate company Arkade Developers Ltd. settled 3% higher as the firm aims to achieve a revenue target of Rs 740 crore. Discover the latest business news, budget updates, and market trends in this comprehensive article.
The Indian real estate market is evolving rapidly, with specialized segments like warehousing complementing the robust growth of the more traditional segments.
India's data centre capacity has grown by 21% in the first half of 2024, with Mumbai leading the pack. Chennai, Bengaluru, and Pune follow closely behind.
Mahesh Babu, the iconic actor, has requested a new date for his appearance before the Enforcement Directorate (ED) in connection with his remuneration from Surana Group and Sai Surya Developers for promoting their real estate projects.