Panchkula's residential real estate prices have nearly doubled post-pandemic, fueled by HUDA sector demand from professionals and limited supply in the secondary market.
1% TDS proposed on property transfers exceeding ₹50 lakh in urban areas and ₹20 lakh elsewhere, effective October 1. The move aims to curb unaccounted money.
CREDAI submits memorandum to Finance Ministry to remove service tax on under-construction housing complexes.
Retail investors regain confidence in primary market, cautiously enter secondary market with small bets.
Sebi's approval for mutual funds to invest in real estate opens doors for retail investors, promoting transparency and liquidity in the sector despite some restrictions.