In Q1 2024, India's top seven cities recorded over 1.30 lakh homes sold, the highest in a decade, supported by the RBI's decision to maintain a stable repo rate.
Budget 2013 to Adversely Impact Luxury Housing Segment with Reduced Deduction Rate
Budget 2013 offered limited benefits to the real estate sector, primarily aiding first-time homebuyers with tax deductions on home loans up to ₹25 lakh.
Realty Plus Excellence Awards 2012 series concludes on March 21, celebrating key contributors to North India's real estate sector.
Real estate experts anticipate rising costs for home purchases and construction due to increased material prices and a 2% service tax hike, impacting buyers and developers alike.
This Diwali, the realty industry anticipates growth, with 12 public offerings and robust fund inflows, reinforcing positive market sentiment after a challenging period.
Facility management in India has matured significantly since the 1990s, driven by demand from the IT and BPO sectors, emphasizing the need for professional services.