A proposed 18% increase in Bhopal’s collector guideline rates across 1,283 locations has sparked protests from realtors, buyers, and politicians. The hike, aimed at aligning prices with market realities, faces backlash for potentially dampening affordability and triggering legal challenges.
Bengaluru’s luxury housing market surged with Rs 1,000 crore in FY25 sales (up 59%), while mid-segment homes declined from 29% to 22% market share as affordability challenges mount. CXOs, founders, and global investors drive demand for premium lifestyle properties over budget-friendly options.
Chandigarh's real estate association condemns proposed collector rate hikes, citing threats to affordability and stalled market growth due to existing registration bans.