The 2025 Union Budget's extension of Section 80EEA benefits has revitalized Thrissur's real estate market, driving demand for affordable 1-2 BHK projects and enhancing loan accessibility for first-time homebuyers.
Gandhinagar's real estate market is booming with a 120% price hike, driven by GIFT City's development, smart infrastructure projects and rising demand for premium housing options.
Patna Municipal Corporation reports strong Q1 property tax collection of ₹40 crore, meeting 28% of annual target through digital solutions and taxpayer incentives. Financial strategies include discount periods and extended working hours to optimize urban revenue streams, contrasting with challenges faced by other cities like Pune.
Final guidelines for Real Estate Investment Trusts (REITs) are expected soon, aiming to provide the real estate sector with long-term funding and boost investment opportunities.
The Securities and Exchange Board of India (Sebi) is considering incentives to attract investors into Real Estate Investment Trusts (REITs).
The government is set to introduce new norms for VC and PE funds, aiming for transparency and equitable distribution of investments across sectors, including real estate.
Narang Developers and Bombay Taximen Colony are in talks for a Rs 1,100 crore redevelopment deal, potentially surpassing the previous largest deal of Rs 900 crore between Kumar Developers and Khira Nagar residents.