Lucknow's 2025 circle rate revisions significantly increase property costs with 20-25% hikes for residential plots, 25% for non-agricultural land, and up to 50% increases in commercial sectors from August 1, impacting stamp duties and buyer strategies.
Telangana Housing Board's Phase-7 KPHB Colony auction generates ₹142.78 crore at ₹2.98 lakh/sq yd, crushing slowdown narratives. 84 bidders reflect Hyderabad's real estate resilience and developer demand.
Ahmedabad Urban Development Authority (AUDA) has frozen agricultural land conversion, affecting investors planning farmhouses. Only 5% conversion is allowed, impacting land sharks.
Spain's new residency scheme attracts foreign real estate investors by allowing residential property purchases. Portugal and Ireland consider similar plans to boost investment.
AMP Technologies expands globally, launches India office to aid real estate investors with cloud-based asset management.
Gurgaon's real estate market saw a surge in new residential projects during the festive season, fueled by reduced interest rates. However, increased prices deterred some buyers, despite high demand and attractive payment schemes for investors.
PwC stated at a conference that due to the global financial crisis, emerging markets' GDP may exceed advanced economies' sooner than anticipated, requiring real estate investors to adapt.
Buyers of unconstructed houses in Noida Extension have taken to the streets to plea the Supreme Court for justice, demanding full refunds from builders.
UAE Extends Visa for Real Estate Investors to 3 Years
Real estate experts predict a possible price correction in cities like Delhi and Mumbai, offering investment opportunities. A Navi Mumbai resident plans to sell his property amid these expectations.
The revised Direct Tax Code draft released on June 15 aims to simplify income tax laws, affecting short-term and long-term capital gains, rental income, and home loan interest rates.
Axa REIM expands Asia presence, sets up headquarters in Singapore. Global head of Asia appointed to drive regional growth.