Faridabad faces a severe shortage of affordable housing as no new projects have launched in the last two years due to unviable state pricing caps.
Pradhan Mantri Awas Yojana (PMAY) drives Indore's affordable housing boom, offering ₹2.67 lakh subsidies for 1 BHK units. Eligible EWS/LIG families gain ownership, while investors target Rau and Neemuch projects under extended 2025 deadline.
A settlement between the National Association of Realtors and a lawsuit will make real estate agent compensation negotiable, potentially lowering broker fees. Buyers may need to pay agents directly.
Budget 2013-14: Rs.1 lakh interest deduction for first-time home buyers, benefiting middle-income class
Demand for 2BHK residential apartments surges, driving developers to shift focus, with up to 60% of inventories now comprising two-bedroom units.