Indian home prices are projected to rise by 7% this year and next, driven by luxury real estate demand. The affordable housing gap remains a concern despite interest rate hikes by the Reserve Bank of India.
Motilal Oswal Alternates announces the first close of its sixth real estate fund, IREF VI, targeting investments in mid-income/affordable residential projects across India’s top 8 cities.
The Gujarat Housing Board is introducing new housing projects aimed at various income groups to address the state's housing demands, with ongoing initiatives in Surat, Ahmedabad, and Vadodara.
The real estate industry hopes for tax breaks, a broader definition of affordable housing, and increased retail participation in REITs in Budget 2024.
The Indian real estate market, particularly in Bengaluru, is transforming with a focus on integrated townships and fractional ownership, enhancing investor confidence and opportunities.
The demand for luxury real estate continues to rise, with buyers showing an insatiable appetite for lavish homes. A recent Anarock study indicates a significant increase in luxury property sales across metropolitan areas.
Yamuna Expressway is transforming into a real estate hotspot driven by upcoming infrastructure projects like the Noida International Airport. The region offers diverse investment opportunities, attracting significant interest and promising high returns.
UP Awas Vikas offers 20-25% discount on apartments under its housing schemes, with a deadline of Dec 15, 2023, for application and Dec 30, 2023, for selection.
Exploring the benefits and production process of laterite bricks, a key choice for sustainable construction in India due to their affordability and eco-friendliness.
MHADA extends registration for Pune and Konkan lottery schemes to November 11 and 12, 2023, offering over 11,000 affordable homes. Details on application and payment follow.
Studio apartments in Bangalore are becoming the preferred choice for young professionals, combining affordability with practicality in urban living.
Noida's improved infrastructure, upcoming airport, and affordable housing attract homebuyers. Enhanced connectivity, employment hubs, retail options, and planned development make it a desirable location.
Discover the pros and cons of renting a studio apartment in Bangalore, ideal for millennials on a tight budget seeking affordable, low-maintenance housing.
Pradhan Mantri Awas Yojana (Urban), launched in 2015 to provide housing for all in urban areas, has been extended to December 31, 2024, to complete approved houses.
Noida Authority offers 338 flats across various sectors, including HIG, MIG, LIG, and duplex apartments, with applications open till January 31st, 2023.
Navigating the resale flat market in Pune involves weighing benefits like tax savings and immediate move-in readiness against potential drawbacks such as limited property appreciation.
Ready-possession flats in Pune offer advantages like immediate possession and rental income, but come with rigid payment schedules and fewer customization options. Popular locations include Kondhwa and Hinjewadi.
Rajiv Swagruha Flats in Hyderabad offer luxurious living with amenities, central location, and connectivity, available in 1-4 BHK, with prices starting from Rs. 18 lakh
PMAY-U: Govt extends Pradhan Mantri Awas Yojana - Urban till Dec 2024, aiming for 'Housing for All' with eligibility criteria and subsidies for various income groups.
Maharashtra CM Eknath Shinde and Deputy CM Devendra Fadnavis announce government’s plans for affordable homes through MHADA online lottery.
Maharashtra real estate developers plan to halt construction due to soaring raw material costs, urging government intervention and a six-month project deadline extension from MahaRERA.
The Delhi Development Authority (DDA) has extended the application deadline for its current housing scheme to March 10, 2022, due to public demand and the impact of the pandemic.
India's 2022 budget allocated Rs 48,000 crore for affordable housing under PMAY, with plans to construct 80 lakh houses. A high-level committee will advise on urban planning.
CREDAI warns of 10-15% hike in property prices due to rising construction costs, attributed to increasing raw material prices and construction delays.
Goa government hikes property registration fee from 0.5% to 1%, pushing buyers to pay around Rs 74,000 more for registrations. Credai opposes, stating it will affect market demand.