Union Budget's measures may spark real estate boom in top tourist destinations
Market data suggests a significant rise in residential demand across markets in key tourism and pilgrimage hubs such as Goa, Nainital, Ayodhya, Prayagraj, Rishikesh and Varanasi, among others.
Godrej Properties Q3 results: Net profit surges 163% to Rs 163 crore, shares up nearly 4%
Godrej Properties Q3 results: Revenue jumps 194% to Rs 969 crore, customer collections increase, but booking value down 5% year-on-year
Explained: SWAMIH Fund and how it will benefit homebuyers of stressed projects
According to data by PropEquity, as of August 2024, as many as 1,981 real estate projects comprising 5.08 lakh units across 42 cities are stalled. This includes 1,636 projects totalling 4,31,946 units in 14 tier I cities and 345 projects totalling 76,256 units in 28 tier II cities.
Explained: How the budget’s TDS measures can spur rental housing growth
With overall rental yields from residential real estate being low nationally, the increase in the TDS threshold is expected to primarily benefit landlords and tenants in the metros and large cities.
Union budget allowing to declare two houses as 'self-occupied' is a big tax relief, will boost rental housing, say experts
Experts said that investors can now claim “Nil valuation” for two self-occupied properties, instead of just one - a positive move for residential real estate investment.
Higher TDS threshold for tax deducted at source for rental income can unlock new housing, say experts
In her speech, the finance minister said that the measures are intended to reduce the number of transactions liable under TDS, benefiting small taxpayers receiving smaller payments.
Union government announces Urban Challenge Fund of Rs 1 lakh crore in budget 2025 for redevelopment of cities
Union Finance Minister Nirmala Sitharaman said this fund would finance up to 25 percent of the cost of bankable projects with a stipulation that at least 50 percent of the cost is funded from bonds, bank loans, and PPPs.
Government announces SWAMIH fund 2.0 of Rs 15,000 crore for completion of 1 lakh units in Union Budget 2025
Sitharaman said that under SWAMIH Fund scheme 50,000 dwelling units in stressed housing projects have been completed and keys handed over to homebuyers and another 40,000 units will be completed in 2025 further helping middle class families who are paying EMIs on loan taken for apartment and also paying rent for current dwelling units.
Economic Survey shows 89 lakh urban houses completed under PMAY, 1.38 lakh housing projects registered under RERA
The Economic Survey 2024-25 said that over 35,000 affordable housing units have been built in 23 cities, under the Smart Cities Mission and 199 projects worth Rs 9,200 crore have been implemented in over 50 cities.
Delhi NCR, Bengaluru, Kolkata drove record 39.5 msf logistics sector leasing in 2024
The leasing was supported by a supply of 38.6 msf. Mumbai, Chennai, and Bengaluru were the key contributors to the supply, accounting for over half the total.
Bombay HC appoints former SC judge as mediator in Lodha vs Lodha trademark dispute case
The mediation process is expected to be completed in around five weeks, to be conducted by retired Supreme Court Justice RV Raveendran, with the next hearing of the case scheduled on March 21.
Brookfield India REIT's Q3FY25 net operating income up 11% at Rs 503.7 crore
On quarter-on-quarter basis Brookfield India Real Estate Trust registered a 4 percent growth in its net operating income. The trust's operating lease rentals grew by 13% YoY to Rs 442.6 crore in Q3FY25.
Five key demands the real estate sector wants to be considered in Budget 2025
From demand of industry status for the sector to special push for affordable housing, the demand list is long. Builders also want some fiscal measures such as tax rebates on housing loan interest to be enhanced to a minimum of Rs 5 lakh, GST input tax credit and introduction of tax incentive under Section 80C for REIT investors.
MHADA to build 1 lakh houses over the next two years, says deputy CM Shinde
Maharashtra's deputy chief minister has said the state's housing policy, in the works for a number of years, will be released 'soon'
Blackstone-Sattva JV to file papers for Rs 7,000-crore REIT IPO by mid-February
With a leasable space of 48 million sq ft, Knowledge Realty Trust will be the biggest in India and the second largest in Asia
ASK Property Fund invests Rs 245 cr in Satya Group's housing project
With a total saleable area of around 12 lakh square feet, the project has an aggregate revenue potential of Rs 1,600 crore in the next five years.
62% of wealthy Indians seek luxury real estate, prioritise capital appreciation over lifestyle upgrade
About 55 percent of respondents in an India Sotheby’s International Realty survey cited capital appreciation as their main reason for investing in luxury residential real estate in 2025, up from 44 percent in 2024.
Polycab India Q3: Growth trajectory remains intact
Strong recovery in FMEG business and outperformance in W&C
DLF sells two penthouses for Rs 150 crore each in 'The Dahlias', records Rs 11,800 crore in pre-sales from the Gurugram project
DLF’s Joint Managing Director and Chief Business Officer, Akash Ohri, said in an interview with Moneycontrol that the company has sold 173 super-luxury apartments in just nine weeks since the pre-launch of its latest luxury venture.
Saudi Arabia opens foreign property investments in holy cities
Non-Muslims are not allowed to own property in the holy cities of Makkah and Madinah, even after Saudi Arabia gradually allowed some foreigners to own property in various parts of the kingdom.
Omaxe shares soar 4% on collaborative project plan with Rs 5,000 crore revenue potential
The initiative will eye Joint Ventures, collaboration and development through Public-Private Partnerships (PPP) in spaces where infrastructure gaps exist, and can potentially drive socio-economic growth.
This First Time Tenant Wants to Go Back to being an Owner | The Tenant
Meet Supriya Praveen, a marketing professional, and her husband, Sapnil Kulkarni, a stock trader, who transitioned from being homeowners to tenants after marriage. Living in a 450 sq. ft. 1.5BHK apartment near Powai, they share the challenges of renting—from paying ₹43,000 monthly rent to frequent pest control issues. Hear their story of compromises, relationship growth, and why Supriya believes being an owner is better. Watch the full journey in this episode of The Tenant!
Macrotech Developers Q3: Net profit increases 66% YoY, revenues and bookings increase
For Macrotech, which markets projects under the Lodha brand, consolidated revenue grew by 39 percent in Q3 year-on-year to Rs 4,083 crore.
DLF Q3 FY25 results: Net profit rises 62% to Rs 1055 crore, Rs 19,000 crore sales bookings in first 9 months
Total expenses of the company rose by around 11.4 percent YoY to Rs 1261.36 crore in Q3FY25 from Rs 1132 crore in Q3FY24, the company said.
Adani Realty poised to be among top five Indian realtors after potential Emaar deal
Emaar India has a significant presence in key markets such as Delhi-NCR, Lucknow, Mohali, Indore, and Jaipur. Analysts maintain that the acquisition would provide Adani Realty with an immediate entry into North India’s lucrative real estate market.
