As home prices in Bengaluru push past the ₹2 crore mark in many neighbourhoods, buyers are increasingly questioning how much income is truly required to comfortably afford such properties. Across social media platforms like X and Reddit, homebuyers highlight growing concerns around EMI burden, lifestyle expenses and long-term financial planning, particularly as interest rates and […]
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 […]
Under the two phases of the flagship Pradhan Mantri Awas Yojana–Urban (PMAY-U), aimed at addressing the urban housing shortage, a total of 122.06 lakh homes have been sanctioned, of which 96.02 lakh have been delivered to beneficiaries across the country as of November 24, 2025, the Economic Survey 2025-2026 said on January 29. Economic Survey […]
Ahead of Budget 2026, the Confederation of Real Estate Developers’ Associations of India (CREDAI) has urged the government to launch a national rental housing mission, proposing tax incentives for both developers and tenants. In its Budget wishlist, the association has also reiterated its demand to revise the area norms and the ₹45 lakh price cap […]
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’s housing market has witnessed price growth, making the once‑aspirational ₹1 crore budget out of reach for many buyers. With average property rates now ranging around ₹15,000 to ₹18,000 per sq ft in prime IT corridors, even modest 2 BHK apartments in areas like Whitefield, Sarjapura, and Yelahanka often exceed ₹1 crore in value, experts […]
`A tightening supply of affordable new homes and shrinking mid-segment apartment sizes have pushed Bengaluru homebuyers toward the secondary market, leading to a 26 per cent surge in resale transactions in 2025. Resale listings rose 19 per cent during the year, driven by a wave of investor exits and strong demand for larger, ready-to-occupy units […]
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 […]