Year-ender 2025: GST cuts on cement, marble and tiles reshape the real estate sector

In 2025, the GST Council implemented substantial tax cuts on construction materials: cement was reduced from 28% to 18%, bricks, tiles, and sand from 18% to 5%, paints and varnishes from 28% to 18%, and marble and granite blocks to 5%. Even modest reductions of 2–3% proved significant for middle-income homebuyers, especially when combined with […]

Mohali mayor slams AAP govt over housing societies’ devp deadlock

Mohali mayor and Congress leader Amarjit Singh Sidhu has alleged that development works in private housing societies across the city are being deliberately stalled by the Aam Aadmi Party (AAP)-led Punjab government despite repeated requests for approvals. He claimed that while the municipal corporation is empowered under Section 82(3) of the Municipal Act to carry […]

Interest rate cuts lift housing affordability in Mumbai, Delhi NCR sees a marginal dip: Report

The affordability of home purchases for homebuyers has improved in 2025, as interest rates have dropped significantly since the end of 2024, according to Knight Frank India’s Affordability Index report. Ahmedabad is the most affordable housing market among the top eight cities, with a ratio of 18%, followed by Pune and Kolkata at 22%, according […]

Keystone Realtors to launch ₹3K cr worth ultra luxury housing project in Mumbai next month: CMD

Mumbai next month with a revenue potential of about ₹3,000 crore, a top company official said. Keystone Realtors plans to launch ₹3K cr worth ultra luxury housing project in Mumbai next month, Boman Irani, Chairman and Managing Director of the company said. Mumbai-based Keystone Realtors, which sells properties under Rustomjee brand, is one of the […]

Ready-to-move-in versus under construction apartments: Tax, GST and TDS differences explained

Surat-based Amit Rastogi booked an under-construction flat for ₹85 lakh. The developer levied GST at 5% on each installment, increasing the overall cost of the property. Since the value exceeded ₹50 lakh, Amit was also required to deduct 1% TDS on every payment and deposit it using Form 26QB. Before buying a property, homebuyers should […]

Real estate developers bullish on 2026, bet on end-user demand to boost sales and lift prices

The real estate sector is upbeat about 2026, with nearly two-thirds of developers across India optimistic about the residential segment and expecting demand to grow by more than 5% in CY’26. This sentiment suggests that growth in the coming year will be driven largely by end-user demand rather than speculative activity, a As many as […]