Finance Minister Nirmala Sitharaman presents Budget 2024, anticipating focus on affordable and middle-class housing. Industry seeks tax breaks, GST concessions, and incentives for developers and buyers.
Exploring parking issues faced by residents in housing societies across India, highlighting relevant regulations and guidelines to manage parking spaces effectively.
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.
The Indian government plans to raise Rs 15,000 crore through the monetization of its urban real estate assets, including several residential colonies in Delhi and eight hotels owned by the India Tourism Development Corporation (ITDC).
Union Housing Minister Ajay Maken advocated for a review of the FSI policy in Mumbai and other major Indian cities to boost affordable housing development, suggesting increased FSI rates.