Kolkata developers want Budget 2026 to raise homebuyer tax relief, widen affordable housing limits, ease GST, and speed up approvals.
Bhubaneswar's real estate market soared in Q3 2025 with 1,200 unit sales, up 20% YoY. Premium segment jumped to 10-13% share thanks to GST drop from 12% to 8% on under-construction units, boosting buyer confidence. Over 80% deals in ₹30-60 lakh range near smart-city areas and airport. NRIs drive demand for ready-to-move gated communities amid 9-10 month inventory.
Wave City in Ghaziabad recorded over 25% sales growth during the Diwali 2025 festive season, per IBRF data, fueling NCR's 24% annual housing price rise in Q3 2025, the highest in major Indian cities. Knight Frank India notes luxury sales up 15-20%, driven by policy stability and buyer confidence in premium homes.
The Reserve Bank of India's choice to keep the repo rate steady at 5.5% during its October 2025 review fosters a stable backdrop for Jaipur's property scene. This, alongside GST tweaks, drives buyer interest in affordable homes, sparking festive season sales in this tier-2 city. Developers note rising demand for long-term value.