The recent budget proposals are expected to have a positive impact on the residential real estate market, with key measures such as tax benefits and infrastructure development playing a crucial role.
Real EstateBudgetTax BenefitsInfrastructureHousingReal EstateFeb 23, 2025
The key measures include tax benefits for first-time home buyers, infrastructure development, a credit guarantee scheme for low-income home buyers, a rental housing scheme, and measures to simplify the regulatory framework.
The budget introduces tax benefits for first-time home buyers, making homeownership more affordable. Additionally, the focus on infrastructure and rental housing will improve the quality of life and provide more options for urban residents.
Industry experts predict an 8-12% rise in real estate prices over the next year, driven by increased demand and improved infrastructure.
The market faces challenges such as global economic conditions, inflation, and interest rates. However, the overall sentiment remains optimistic.
The real estate industry is undergoing a technological transformation
The Competition Commission of India has approved the Godrej group's internal restructuring, which will see the 127-year-old conglomerate split between two branches of the founding family.
Mumbai's residential market is witnessing a surge in sales, driven by infrastructure developments, changing consumer preferences, and hybrid work models.
CNBC-AWAAZ and RR Kabel hosted the 14th edition of the Real Estate Awards, honoring outstanding projects and leaders in the industry. Piyush Goyal, Union Minister of Commerce & Industry, was the chief guest and praised the sector's resilience and innovati
Mumbai-based Ajmera Realty & Infra India, a prominent real estate firm, has reported a significant increase in its consolidated net profit to Rs 35.35 crore in the September quarter, marking a 57% growth compared to the same period last year. The company'
Mumbai, Maharashtra, India – Royalti, a leading real estate consulting firm specializing in high-end and luxury properties, has achieved an unprecedented 200 crores in sales at the launch of Oberoi Garden City.