Punjab's doubling of real estate development charges under new regulations dashes profit margins for builders and homebuyers in Ludhiana, Mohali, and Zirakpur amid urban expansion. Effective April 2025, the 50-120% increases impact residential, group housing, and commercial projects, escalating costs during real estate boom.
Delhi-NCR witnessed a 209% YoY surge in luxury home sales (₹6 crore+) during H1 2025 with 3,960 units sold. Rising incomes, policy stability, and strategic location demand fuel this growth across India’s premium property sector.