Housing
Andhra Pradesh Government Offers Relief to Realtors by Waiving Development Charges on Old Layouts
In a major relief for real estate developers, the Andhra Pradesh government has decided to revive old layout permissions without collecting development charges....
CREDAI Seeks Hike in ₹45 Lakh Affordable Housing Cap, Pushes for Better Sales Data
CREDAI’s new president, Shekhar Patel, has called for an urgent revision or removal of the ₹45 lakh price cap that defines affordable housing...
Cement Industry Sees 7.5% Growth This Year on Infra Drive and Rural Housing Demand
India’s cement demand is projected to grow 6.5-7.5% in FY26, driven by increased infrastructure spending, rural housing push, and higher budget allocations under...
Tamil Nadu Rural Areas Set for Overhaul in Property Tax System
A pilot project in 148 village panchayats shows potential revenue boost; the state targets ₹1,000 crore in collections. Property tax administration in rural...
Luxury Housing Sales Surge 28% in Top Indian Cities in Q1 2025; Chennai Records 132% Jump
India’s high-end housing sector recorded a robust performance in Q1 2025 with sales increasing close to 28% year-on-year in the top seven cities,...
GST on Apartment Maintenance: CBIC Issues Clarification
The Central Board of Indirect Taxes and Customs (CBIC) has issued a new clarification about levying Goods and Services Tax (GST) on apartment...
Brigade to Build Chennai’s Tallest Residential Towers in Perambur
Bengaluru-based real estate major Brigade Enterprises is set to build Chennai’s tallest residential project in Perambur, featuring a 49-floor tower surpassing its own...
Home Prices in Top 9 Cities Rise 9% in FY25: PropEquity Report
India’s average home prices in the top nine cities for FY 2024 to 2025 increased 9% year on year, to an average of...
18% GST on Apartment Maintenance Over ₹7,500 Sparks Panic Among Residents
A revised tax rule under the Union Budget 2025-26 has triggered anxiety among apartment dwellers across Karnataka. Housing societies, which charge ₹7,500 or...
Casagrand Launches Spanish-Themed Residential Project in Chennai
Real estate developer Casagrand, has announced the launch of a new Spanish-themed residential community, Casagrand Casamia in Pallavaram, Chennai. Spread over 22 acres, this...
