News articles tagged Affordability

Bengaluru's Luxury Housing Boom: Affordable Mid-Segment Homes Hit a Snag

Bengaluru’s luxury housing market surged with Rs 1,000 crore in FY25 sales (up 59%), while mid-segment homes declined from 29% to 22% market share as affordability challenges mount. CXOs, founders, and global investors drive demand for premium lifestyle properties over budget-friendly options.

Realty sector seeks affordability from the government.

Real estate developers anticipate Union Budget 2012 to bring pragmatic provisions, including increased infrastructure funds for housing and removal of service tax on residential construction.

Premium charges for small houses reduced

The Pune Municipal Corporation has announced a 50% reduction in premium charges for small housing units under 50 square meters.

FM assures more loans for real estate

Finance Minister P Chidambaram assured real estate developers that the government will encourage banks to boost lending and lower interest rates for affordable housing.

5000 DDA Flats For 40% Less Than Market Price

The DDA will sell 5000 flats at prices significantly lower than private developers, offering hope to prospective homeowners in Delhi amidst rising real estate costs.

Fluctuation And Deviating Real Estate Prices

Prospective home buyers should prioritize affordability over fear of missing out, as current real estate prices are excessively high, with a 30% correction needed for sustainability.

Good Budget For Real Estate Sector.

The Indian real estate sector is optimistic about the recent budget but calls for further action to meet industry demands, with key benefits noted for housing and infrastructure.