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 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 […]
As 2025 draws to a close, Gurugram appears to have established itself as the key driver of the residential real estate market in the National Capital Region (NCR), outpacing its peers in luxury and premium housing sales. The year served as a key marker for NCR’s housing market – from the volatility that followed the […]
Housing sales in the top seven Indian cities have dropped by 14% in 2025 to 3.95 lakh units compared to 4.59 lakh units sold in 2024, according to a report released by ANAROCK, a real estate consultancy firm. Housing sales in the top seven Indian cities decreased by 14% in 2025, to 3.95 lakh units, […]
MUMBAI: In a move that could provide relief to over 3,000 housing societies within the limits of Greater Mumbai, the Maharashtra government has decided to lower the rent levied on government lands where the lease contract has not expired. The State leases out land across Mumbai city and its suburbs though various agencies such as […]
Housing sales in India’s top 9 cities fell to 98,019 units in Q4 2025, registering a 16% YoY decline. This is the lowest quarterly sales recorded since Q3 2021, according to a report by real estate data analytics firm PropEquity. Housing sales in India’s top 9 cities fell to 98,019 units in Q4 2025, registering […]
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 […]
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 […]
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 […]
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 […]
