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 […]
In 2025, Bengaluru’s real estate market was significantly shaped by the Karnataka government’s introduction of the e-Khata system, a reform designed to digitise property records and speed up ownership transfers, according to real estate experts. While touted as a game-changer for homebuyers and developers, experts noted that its on-ground impact has been mixed, promising streamlined […]
India’s real estate sector is expected to reach an unprecedented milestone in 2025, with institutional investments projected to soar to an estimated $10.4 billion across 77 transactions, marking the second consecutive year of record-breaking performance. This figure stands as the highest on record and represents a 17% increase from the previous year’s exceptional performance of […]
Union Home Minister Amit Shah, on December 19, said that the Real Estate (Regulation and Development) Act (RERA) has helped streamline the real estate sector, while also safeguarding the interests of homebuyers. Union Home Minister Amit Shah said on December 19 that RERA has helped streamline the real estate sector while safeguarding the interests of […]
Acting on the directions of UT administrator Gulab Chand Kataria, the Chandigarh Housing Board (CHB) has begun the process of dividing a portion of land in Sector 53 into two pockets, with one proposed to be auctioned to a private developer. The move has triggered concerns among residents’ bodies, who say it violates the city’s […]
In a major relief for thousands of homebuyers awaiting possession since 2014, the Supreme Court has directed the Noida Authority to issue conditional occupancy certificates for housing projects in Sector 150 under the Sports City scheme, and to allow registries wherever developers have complied with building norms. In its order dated November 24, a bench […]
Residents of Godrej Summit in Sector 104 are strucggling with persistent waterlogging. According to residents, Dhanwapur road, which connects the society to the Dwarka Expressway, is frequently inundated with sewage water, making daily travel a challenge. Water logging on the Dhanwapur road due to broken sewer manhole near Godrej Summit residential society in Gurugram. (Parveen […]
NOIDA: The Noida authority on Wednesday sealed three under-construction towers and 10 shops at Lotus Panache group housing society in Sector 110 as the project has land cost dues. Lotus Panache welfare association president Amit Chauhan said, “The Noida authority had sealed these flats earlier in their so-called drive. Now they again have sealed these […]
Residents of Antriksh Golf View 2 in Sector 78, Noida, began a protest against the builder, Colorful Estates Private Limited, on Saturday, alleging poor maintenance and mismanagement of the housing society for the past six years. Residents protesting on Saturday. (Sunil Ghosh/HT) The society, occupied since 2017, comprises over 1,000 flats and 32 commercial stores, […]
