News articles tagged Puri

Five things the real estate industry anticipates from the finance minister’s budget in 2024

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.

10 Things You Should Know About Election’s Impact on the Real Estate Sector

The real estate market experiences slower activity during elections, while homebuyers remain active, driven by needs, amid anticipation of policy changes.

Shops, homes, and faith: places of worship ready for a surge in visitors

Retail boom in India impacts religious tourism. Tourists seek experiences beyond customary activities, driving growth in cities like Ayodhya and Varanasi.

Real estate trends: Why are wealthy Indians purchasing opulent homes before the fiscal year’s end?

Luxury real estate transactions surged in India before the fiscal year's end, with ticket sizes ranging from ₹10 crore to over ₹100 crore. Experts attribute this to several factors including capital gains reinvestment limits and market volatility.

Budget 2013-14: No Big Boosts for Real Estate Sector

The Union Budget 2013-14 provided minimal direct support to the real estate sector, addressing affordable housing slightly and impacting the luxury segment negatively.

Budget 2013: What it offers to Indian Realty?

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.

Real Estate Sector Wants FM To Lower Costs Of Finance

Indian real estate players anticipate the Finance Minister's budget to lower construction finance costs, boost the sector, enable affordable housing, and expedite project clearances.

Excellence Recognition in Real Estate Sector.

Realty Plus Excellence Awards 2012 series concludes on March 21, celebrating key contributors to North India's real estate sector.

Emergence of Commercial Complexes

Integrated commercial spaces, mirroring residential complexes, are gaining traction in India, offering office spaces, hotels, and retail areas within a single development.

Happy days are back into realty

This Diwali, the realty industry anticipates growth, with 12 public offerings and robust fund inflows, reinforcing positive market sentiment after a challenging period.

Real Estate Firms Delay Plans

Indian real estate developers halt land acquisitions amid market downturn, rising interest rates, and funding challenges. Tepid sales and cash crunches force project delays and potential distress sales.

Real Estate Now Supports Facility Management Also

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.

Calculate Before Buying

HDFC chairman criticizes developers for not differentiating between super built-up and carpet area, misleading buyers. Industry experts discuss varying building bylaws and the unavoidable inclusion of FSI-free areas in property pricing.

Interest Rate Hike May Hit Realty Sector

Rising inflation and interest rates are slowing down property demand in India. A further interest rate hike could severely impact the real estate sector, except in Mumbai and Delhi where demand remains strong.

RBI's judgment has spooked real estate cos

RBI's decision to hold interest rates steady has disappointed the real estate sector, which is grappling with a housing slowdown. Industry experts express concern over high mortgage costs and anticipate varied impacts across markets.