New Delhi, Feb 12 (PTI) Niti Aayog member Rajiv Gauba emphasised that land constraints pose a significant challenge to developing housing projects, and stressed the need for comprehensive reforms to reduce land costs. Niti Aayog member Rajiv Gauba said land constraints hinder housing development and called for reforms to bring down land costs. (Representational Image) […]
Budget 2026–27 reinforced the government’s urbanisation push, prioritising infrastructure development in tier-II and tier-III cities. The renewed emphasis on these cities is expected to create an additional growth lever for the real estate sector alongside tier-I markets, said real estate experts. Budget 2026: CREDAI welcomed the government’s infrastructure push but said it was “deeply disappointed” […]
Gurugram, Feb 1 (PTI) The demand for a review of Haryana’s affordable housing policy has intensified, with stakeholders claiming that the scheme has been virtually stalled on the ground in Gurugram and Faridabad due to rising land and construction costs, an official said. The demand for a review of Haryana’s affordable housing policy has intensified […]
Finance Minister Nirmala Sitharaman will present Budget 2026 today, and the real estate sector is expecting a strong focus on affordable and rental housing. Industry stakeholders are seeking a broader definition of affordable housing, tax relief for homebuyers to improve affordability, and incentives for developers to encourage the construction of budget-friendly homes. Budget 2026 expectations: […]
With the Finance Minister set to present Budget 2026 on February 1, homebuyers are keenly watching for measures that could impact affordability and financing. Personal finance experts say the focus should be on borrowing costs, tax incentives, and access to credit to help buyers plan their first or next home. Budget 2026: Homebuyers are seeking […]
Ahead of Budget 2026, real estate industry body NAREDCO on January 22 urged the government to revise the definition of affordable housing, recommending that homes priced up to ₹75–80 lakh be classified as affordable, instead of the current ₹45 lakh cap. The association also called on the government to promote rental housing by offering appropriate […]
For Budget 2026, homebuyers have proposed that the government clearly define ‘affordable’ and ‘mid-segment’ housing, including caps on permissible rates per square foot of carpet area and minimum mandatory facilities and amenities. Their wishlist also includes stricter accountability for developers, with financial penalties for project delays or failure to honour booking-stage commitments, mirroring the loss […]
Bengaluru homebuyers ended up with noticeably smaller apartments in 2025, as real estate developers trimmed carpet areas to offset rising land and construction costs while keeping overall ticket sizes attractive for price-sensitive buyers, a report has said. The average apartment size in Bengaluru fell by around 8%, dropping from 1,094 sq ft in 2024 to […]
Affordable housing is at the top of the real estate sector’s wishlist ahead of Union Budget 2026, with industry players urging the government to revise the ₹45-lakh price cap, arguing that it no longer reflects urban market realities. Developers say it is virtually impossible to build a modest two-bedroom home with basic amenities within this […]
Mumbai-based developer House of Abhinandan Lodha’s Growth Housing has allotted 1,419 homes valued at nearly ₹640 crore through a fully online process for its debut affordable housing project in Naigaon, Western Mumbai, the company said on January 1. House of Abhinandan Lodha’s Growth Housing has allotted 1,419 homes valued at nearly ₹640 crore through a […]