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GST 2.0: Affordable Housing Gains Momentum, But Key Challenges Remain

GST 2.0 is set to boost affordable housing with a 1% rate and reduced costs, but supply chain delays and rising labour costs...

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Government’s Share of 50 Percent in Property Costs Blocks Affordable Housing: Tata Realty MD Sanjay Dutt

Tata Realty MD Sanjay Dutt says nearly 50% of property costs go to government levies, making affordable housing in India difficult to achieve.

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GST Reduced to 5% on Building Materials, Utensils, and Handicrafts to Benefit Public and MSMEs

The 56th GST Council meeting reduced GST on building materials, household utensils, handicrafts, and certain transport services from 12% to 5%. This move...

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GST Cut to Ease Cement Prices, Boost Construction Sector: India Ratings and Research

India Ratings and Research said GST rationalisation will reduce cement prices by ₹30-35 per 50 kg bag from September 22, easing construction costs....

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Realtors Urge Stamp Duty Cut to Revive Affordable Housing Demand

The New Delhi report has stated that National Real Estate Development Council (NAREDCO) demanded that states reduce stamp duty on affordable houses below ₹45...

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Construction Costs Up 40% Since 2019, Developers Push for GST Relief

Since 2019, construction costs have skyrocketed by nearly 40%, forcing developers to demand GST relief, pushing affordable housing in India into an even...

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Affordable Housing Hit Hard as Construction Costs Jump 40% in Five Years: Anarock Study

According to the new Anarock Research study, almost 40% of home construction costs have increased in India between 2019 and 2024, and this...

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Land Investment Demand Expands Beyond Chennai, Says G Square MD at Real Estate Summit

“Land investments are fast gaining the attention of Tier II and Tier III cities,” remarked Ramajayam during a fireside chat led by Sangeetha...

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CREDAI Hosts Landmark Meeting in Bhubaneswar, Highlights Odisha’s Rising Real Estate Potential

The very first general body meeting held in Odisha, CREDA, was a fruit of the strenuous efforts the state put into real estate...

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Tier-II Cities Outshine Metros in Property Price Growth; Goa, Coimbatore Lead with Double-Digit Surge

On its path to prosperity, the real estate landscape begins to paint bright pictures in Tier-II cities of India, meanwhile, leaving behind major...