Budget 2024: 5 Things the real estate sector looks forward to from the finance minister
5 months ago

Budget 2024: 5 Things the real estate sector looks forward to from the finance minister

Hindustan Times  

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today and the real estate sector hopes that the government will focus on affordable and middle income housing in the Budget. The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. The government should raise the deduction limit for interest payment on home loans from the existing ₹2 lakh a year to ₹5 lakh, which will add momentum to housing demand, said real estate experts. 1 Increase deduction limit on interest payment National Real Estate Development Council, a builders’ body, has suggested that the tax exemption on interest on self-occupied property loans should be increased to ₹5 lakh in the upcoming budget from ₹2 lakh currently to boost housing demand amid a rise in housing prices and mortgage rates.

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History of this topic

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol
5 days, 19 hours ago

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol

India TV News  

The year 2024 marked a significant shift in India’s real estate market, with luxury homes emerging as the ultimate status symbol for the country’s wealthy. Record-breaking deals across cities This year witnessed record-breaking transactions in the luxury real estate market. Several factors are driving the affluent class towards luxury real estate: Wealth growth: The 2024 Hurun Rich List reported a …

Affordable housing shortage to touch 312 lakh units by 2030: CII-Knight Frank report
2 weeks, 5 days ago

Affordable housing shortage to touch 312 lakh units by 2030: CII-Knight Frank report

Hindustan Times  

Affordable housing in India is expected to touch 312 lakh units by 2030 with a potential market size of ₹67 trillion, a report by Confederation of Indian Industry and Knight Frank has said, adding the segment could also provide several opportunities for financial institutions. Affordable housing in India is expected to touch 312 lakh units by 2030 with a potential …

Affordable housing market set to touch Rs 67 trillion by 2030, supplies to cross 31 million units
2 weeks, 5 days ago

Affordable housing market set to touch Rs 67 trillion by 2030, supplies to cross 31 million units

New Indian Express  

MUMBAI: The affordable housing market is slated to touch Rs 67 trillion, offering lenders a goldmine of Rs 44.6 trillion in funding opportunities by 2030 when over 31 million units will be deployed, says an industry report. According to realty consultancy firm Knight Frank, the existing shortage plus the upcoming demand for affordable housing segment is estimated to be 30.7 …

Rate cuts may help optimize home affordability, Kolkata most affordable housing market
3 weeks, 6 days ago

Rate cuts may help optimize home affordability, Kolkata most affordable housing market

Hindustan Times  

Most real estate markets across the country, especially Mumbai and Pune are expected to approach optimal affordability levels by 2025 with a projected interest rate cut on the horizon, while Kolkata is set to maintain its status as the most affordable market, potentially hitting new peaks, according to JLL’s Home Purchase Affordability Index. Rate cuts may help optimize home affordability …

Real Estate Investment in India: Top Cities 2024
1 month, 2 weeks ago

Real Estate Investment in India: Top Cities 2024

The Hindu  

India’s growing economy and development are changing real estate investment in India like never before. What are the advantages of Real Estate Investment in India: In India’s cities, promising real estate investments are supported by the country’s rapidly growing economy, appealing demographics, and urban development. Top Indian Real Estate Investment Cities in India: Bengaluru: Often referred to as the “Silicon …

Indians Embracing Lifestyle Residences Amid Govt's Infrastructure Push: Economist
1 month, 4 weeks ago

Indians Embracing Lifestyle Residences Amid Govt's Infrastructure Push: Economist

ABP News  

Indians are embracing lifestyle residences as a top choice for investment, driven by improved connectivity, festive incentives, and evolving lifestyle preferences. Real estate developers are now providing year-round incentives, particularly during the festive season, which has contributed to a notable increase in property purchases.

Surge in NRI Investments 2024: India’s Real Estate Market
3 months ago

Surge in NRI Investments 2024: India’s Real Estate Market

The Hindu  

A surge in NRI investments has been registered in the Indian real estate market by 15-20% over the last twenty months. Optimism in the Indian Economy leading to surge in NRI Investment: As of 2023, non-resident Indians have spent more than thirteen billion dollars on real estate. According to sources, it is anticipated that by 2025, the surge in NRI …

India's real estate market likely to touch $10 trillion by 2047: Colliers-CREDAI Report
3 months ago

India's real estate market likely to touch $10 trillion by 2047: Colliers-CREDAI Report

Hindustan Times  

Indian real estate market is likely to touch $10 trillion by 2047, according to a Colliers-CREDAI report released at the Credai-NATCON 2024 event in Sydney, Australia Rapid urbanization, infrastructure development, digitalization, demographic shifts, sustainability and investment diversification will lead to expansion of the Indian real estate market from under a trillion currently to potentially a $10 trillion market by 2047 …

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA
4 months, 2 weeks ago

Housing sales across top 7 cities expected to witness double digit growth in 2024-2025: ICRA

Hindustan Times  

Presenting a stable outlook for the residential real estate sector in financial year 2024-25, credit rating agency ICRA Limited on August 7 said that housing sales across the country’s top cities - Mumbai Metropolitan Region, National Capital Region, Bengaluru, Hyderabad, Pune, Kolkata and Chennai - are expected to witness double digit growth in 2024-2025. Housing sales across top 7 cities …

What’s the Budget push for infrastructure?
4 months, 3 weeks ago

What’s the Budget push for infrastructure?

The Hindu  

The story so far: In her Budget proposals for 2024-25, Finance Minister Nirmala Sitharaman has set aside ₹11 lakh crore for capital expenditure, comprising 3.4% of the GDP. With the aim to push States to spend on infrastructure, she said ₹1.5 lakh crore was being made available to them in the form of long-term interest free loans. Under the Sagarmala …

Budget 2024: Placing thrust on infrastructure
4 months, 4 weeks ago

Budget 2024: Placing thrust on infrastructure

The Hindu  

Finance Minister Nirmala Sitharaman accelerated the government’s thrust on the crucial infrastructure sector in her seventh successive Budget presentation and the first of PM Modi’s third term. A massive expansion in urban housing at an investment of ₹10 lakh crore, a rural roads programme worth ₹26,000 crore are among the major features of the big infrastructure push. The Indian economy’s …

Budget 2024: Government keeps focus on critical areas
4 months, 4 weeks ago

Budget 2024: Government keeps focus on critical areas

The Hindu  

The world is witnessing unprecedented disruptions and uncertainty. To avail of these opportunities, multiple steps were necessary: strong capital expenditure and infrastructure push by the Indian government; significant support to small and medium enterprises; job creation and skill development; and enhancing the purchasing power of both urban and rural Indian consumers. The announcements by the Finance Minister of schemes such …

Budget 2024: Growth, reforms and infrastructure
4 months, 4 weeks ago

Budget 2024: Growth, reforms and infrastructure

The Hindu  

The 2024 Budget signals policy continuity. Specifically, the Budget focuses on these key priorities - resilient agriculture, promoting skill development, driving employment and inclusivity, accelerating infrastructure development, energy security, fostering innovation and progressive reforms. Focus on infrastructure The government has earmarked an impressive capital expenditure of over ₹11 lakh crore, equivalent to 3.4% of the GDP, towards infrastructure development. By …

Affordable housing thrust a big boost for the home finance sector
4 months, 4 weeks ago

Affordable housing thrust a big boost for the home finance sector

The Hindu  

The Indian real estate sector has been experiencing a significant boom in recent quarters, driven by factors such as rapid urbanisation, policy reforms, increase in disposable income and a continuous growth in consumer sentiments. This also sends a strong message of the continued focus and thrust on driving the growth of affordable housing in the country, consistent with the Union …

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience
4 months, 4 weeks ago

Union Budget 2024: A comprehensive pathway to inclusive growth and economic resilience

The Hindu  

The Union Budget 2024, presented by Finance Minister Nirmala Sitharaman, represents a significant milestone in India’s ongoing journey towards inclusive growth and economic resilience. With a strategic emphasis on job creation, infrastructure development, support for MSMEs, and affordable housing, this Budget addresses the nation’s critical needs while prudently reducing the fiscal deficit to 4.9%. On the infrastructure front, the Budget …

Budget 2024: A message of fiscal stability, growth continuity
5 months ago

Budget 2024: A message of fiscal stability, growth continuity

The Hindu  

The FY25 Union Budget has sent out a strong message under the new administration — there remains an unequivocal focus on stability and continuity amidst a new chiselled focus on providing growth a more inclusive character in India. The fiscal deficit, at 5.6% of GDP in FY24, still high compared to pre-COVID-19 pandemic levels, provided the needed growth impetus via …

Budget 2024: Urban, rural land reforms ‘welcome move’ by government
5 months ago

Budget 2024: Urban, rural land reforms ‘welcome move’ by government

The Hindu  

The 2024-2025 Union Budget presented by Finance Minister Nirmala Sitharaman promised a few reforms related to land and land use in the country ranging from their identification to planning and potentially drawing from multiple domains. Ms. Sitharaman said “land-related reforms and actions, both in rural and urban areas, will cover land administration, planning and management, and urban planning, usage and …

The budget echoes the Developed India vision
5 months ago

The budget echoes the Developed India vision

Hindustan Times  

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. New Delhi, India - July 23, 2024: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre, in New Delhi, India, on Tuesday, July 23, 2024. Budget 2024 unveiled a comprehensive strategy built on nine foundational pillars — agriculture, employment, inclusive development, manufacturing and services, urban …

Budget 2024: FM proposes transit-oriented development plan for 14 large cities with over 30 lakh population
5 months ago

Budget 2024: FM proposes transit-oriented development plan for 14 large cities with over 30 lakh population

Live Mint  

Budget 2024: To facilitate the development of cities as "growth hubs", Union Finance Minister Nirmala Sitharaman on Tuesday proposed a transit-oriented development plan for 14 large cities with a population of over 30 lakh. “This will be achieved through economic and transit planning, and orderly development of peri-urban areas utilising town planning schemes,” FM Nirmala Sitharaman said. “Transit-oriented development plans …

Budget: FM announces ₹10 lakh crore for urban housing scheme
5 months ago

Budget: FM announces ₹10 lakh crore for urban housing scheme

Hindustan Times  

New Delhi: A transit-oriented development framework for 14 large Indian cities, dormitory-type rental housing for industrial workers, and 10 million new houses for the urban poor were announced by Union finance minister Nirmala Sitharaman in her budget speech on Tuesday. Finance minister Nirmala Sitharaman presented the Union Budget 2024 on Tuesday In her record seventh budget presentation and the first …

Budget 2024: Focus on digitisation of land records, Urban development gets a leg up
5 months ago

Budget 2024: Focus on digitisation of land records, Urban development gets a leg up

Hindustan Times  

Urban development is one of the nine priorities outlined by the Finance Minister Nirmala Sitharaman in her speech on July 23. Urban development proposals The finance minister in her seventh straight budget said that three crore additional houses under the Pradhan Mantri Awas Yojana in rural and urban areas in the country have been announced, for which the necessary allocations …

Budget 2024: How will it impact the common people and consumers? CHECK here
5 months ago

Budget 2024: How will it impact the common people and consumers? CHECK here

India TV News  

Budget 2024: Finance Minister Nirmala Sitharaman on Tuesday announced the Union Budget 2024-25, with nine outlined priorities in agriculture, employment and skilling, manufacturing and services, human resource development, urban development, energy security and more. Sitharaman announced Prime Minister Narendra Modi's package of five schemes for employment, skilling and other opportunities for employment, skilling and other opportunities for 4.1 crore youth …

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme
5 months ago

Budget 2024: Govt to connect 25,000 more villages in phase 4 of rural roads scheme

Live Mint  

New Delhi: Finance minister Nirmala Sitharaman said in her budget speech on Tuesday that the government would look to improve all-weather connectivity to 25,000 rural habitations by launching phase 4 of the Pradhan Mantri Grameen Sadak Yojana, which aims to link India’s hinterland with major economic centres. The government is expected to expand the definition of “rural habitations” in phase …

Union Budget 2024: From farming, skilling to infrastructure, Sitharaman lists out nine priorities of Modi 3.0
5 months ago

Union Budget 2024: From farming, skilling to infrastructure, Sitharaman lists out nine priorities of Modi 3.0

India TV News  

Union Finance Minister Nirmala Sitharaman on Tuesday listed the 7 priorities of the government in Budget 2024-25. Here are the government's seven priorities in the Union Budget 2024-25: Priority 1 in Budget -Productivity and Resilience in Agri Raising Productivity and Climate Resilient Varieties Thrust on Natural Farming: 2 crore farmers to be supported in next 2 years Atma Nirbharta in …

Budget 2024: Key announcements by Finance Minister Nirmala Sitharaman
5 months ago

Budget 2024: Key announcements by Finance Minister Nirmala Sitharaman

India TV News  

Budget 2024: Union Finance Minister Nirmala Sitharaman, on Tuesday, July 23, 2024, presented the first budget of the Modi government 3.0, after it was re-elected to power for the third consecutive time, in the 2024 Lok Sabha elections. Union Finance Minister Nirmala Sitharaman said, "As mentioned in the interim Budget, we need to focus on 4 different castes, the poor, …

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance
5 months ago

Union Budget 2024: What politicians expect - addressing unemployment and inflation issues, increasing fund assistance

Live Mint  

Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Union Budget for 2024-2025 in Parliament today, July 23, 2024, at 11:00 a.m. Minutes before the unveiling of the Union Budget, Shiv Sena MP Priyanka Chaturvedi told ANI, “I hope Nirmala Sitharaman ji will provide some relief from rising inflation and unemployment and the government will talk about 'Jan ki …

Nirmala Sitharaman announces PM-Awas Yojana Urban 2.0 for housing for all
5 months ago

Nirmala Sitharaman announces PM-Awas Yojana Urban 2.0 for housing for all

India Today  

Finance Minister Nirmala Sitharaman announced PM Awas Yojana-Urban 2.0 aimed at housing for all while presenting Budget 2024. Finance Minister Nirmala Sitharaman says, "Urban Housing: Under the PM Awas Yojana-Urban 2.0, the housing needs of 1 crore poor and middle-class families will be addressed with an investment of Rs 10 lakh crores. In the 2024 Budget, Finance Minister Nirmala Sitharaman …

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers
5 months ago

Budget 2024 Highlights: FM disappoints investors, rewards (some) taxpayers

Hindustan Times  

July 23, 2024 9:02 PM IST Budget 2024 LIVE Updates: Supriya Paul, CEO & Co- Founder, Josh Talks, said, “The Union Budget 2024-25 represents a significant stride towards Bharat's development. The allocation of ₹1.48 lakh crore towards education, employment, and skills development is a substantial investment. By enhancing the quality of education and training, we are equipping our youth with …

Cheap, sustainable homes must amid demand boom: Eco Survey
5 months ago

Cheap, sustainable homes must amid demand boom: Eco Survey

Hindustan Times  

New Delhi: The 2023-24 Economic Survey, tabled in Parliament on Monday, called for adaptive strategies and policies to provide cost-effective and sustainable housing. The survey said the real estate sector witnessed “a robust recovery” post-pandemic, with the sale of residential real estate in 2023 recording a 33% year-on-year growth, the highest since 2013. The strong desire for home ownership was …

Budget 2024: Date, key timings and what to expect from budget speech
5 months ago

Budget 2024: Date, key timings and what to expect from budget speech

India Today  

The Monsoon session began on Monday, with Finance Minister Nirmala Sitharaman set to present the Union Budget for 2024-25 on July 23, 2024. This will mark her seventh consecutive Budget presentation, surpassing the record of former Prime Minister Morarji Desai, who delivered five consecutive full Budgets and one interim Budget from 1959 to 1964. The Budget 2024 presentation can be …

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?
5 months ago

Budget 2024 Expectations Highlights: Will Govt Bring Changes In Old and New Tax Regimes?

News 18  

Union Budget 2024 LIVE: Will FM Will Give Affordable Housing Initiatives? home buyers.” Budget 2024 Expectations Live Updates: Demand For Innovation In Renewable Technologies Anmol Singh Jaggi, Chairman and Managing Director, Gensol Engineering, said; “As India’s energy demand rises, boosting the share of renewables is crucial for energy security and sustainability, the upcoming union budget is expected to focus on …

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy
5 months ago

Sitharaman to present Budget 2024: Understanding the Budget, its impact on India's economy

India TV News  

Finance Minister Nirmala Sitharaman will present the Union Budget 2024–25 on Tuesday, marking the first budget of Prime Minister Narendra Modi's third successive government. By adjusting tax policies and government spending, the budget can incentivize business investments, boost economic activity, and address public needs such as education and healthcare. The presentation of the Union Budget 2024–25 will be a critical …

Budget 2024: Credai’s wish list for the FM includes tax sops for buyers, affordable housing incentives for builders
5 months ago

Budget 2024: Credai’s wish list for the FM includes tax sops for buyers, affordable housing incentives for builders

Hindustan Times  

Real estate developers body, the Confederation of Real Estate Developers Associations of India, in its wish list for Budget 2024, has said that the government should consider allowing unlimited interest deductions for the first self-occupied property or increasing the deduction limit to ₹5 lakh from ₹2 lakh for homebuyers. Budget 2024: Credai in its wish list for the FM has …

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?
5 months ago

Budget 2024 Expectations: Will Nirmala Sitharaman announce tax relief?

Hindustan Times  

July 19, 2024 11:59 AM IST Budget 2024 Expectations Live Updates: Rajat Agrawal - CEO - Barista Coffee, said, “The Indian retail sector stands at a critical juncture, seeking support from the Govt on various counts which renews consumer confidence. Tax Cuts: Planned Reduction in individual income tax rates, especially for middle-income earners, could boost disposable incomes and drive spending. …

Budget 2024: PM Modi meets economists ahead of Budget
5 months, 1 week ago

Budget 2024: PM Modi meets economists ahead of Budget

The Hindu  

Prime Minister Narendra Modi is meeting eminent economists on July 11 to elicit their views and suggestions for the upcoming Budget, a senior government official said. Union Finance Minister Nirmala Sitharaman is scheduled to present the Budget for 2024-25 in the Lok Sabha on July 23. Finance Minister Sitharaman, Planning Minister Rao Inderjit Singh, Chief Economic Advisor V. Anantha Nageswaran …

Budget 2024: Karnataka home buyers' wishlist for FM - focus on rental housing, take measures to strengthen RERA
5 months, 2 weeks ago

Budget 2024: Karnataka home buyers' wishlist for FM - focus on rental housing, take measures to strengthen RERA

Hindustan Times  

With record launches and transactions, the Indian real estate sector is keenly eyeing Budget 2024-25 which is slated to be tabled in the Parliament a few weeks from now. Focus on affordable rental housing and measures to strengthen RERA 2016 are among some items on Karnataka home buyers' wish list for the FM According to a Knight Frank India report, …

Govt said to plan raise in rural housing subsidies by 50% after election setback
5 months, 2 weeks ago

Govt said to plan raise in rural housing subsidies by 50% after election setback

The Hindu  

India plans to increase state subsidies on rural housing in the upcoming Union Budget by as much as 50% from the previous year to more than $6.5 billion, after setbacks for the Bharatiya Janata Party in elections, two government sources said. The planned hike in housing subsidies is part of a broader government initiative to boost spending on rural infrastructure …

Real estate sector hopes for continued govt support for affordable housing, increase in corpus for SWAMIH Fund in Budget
5 months, 3 weeks ago

Real estate sector hopes for continued govt support for affordable housing, increase in corpus for SWAMIH Fund in Budget

Hindustan Times  

With the Union Budget 2024-25 set to be tabled next month, the real estate sector hopes that interest stimulants previously extended to homebuyers and developers of affordable housing that have expired in the last two years would be renewed to give a boost to the segment. With the Union Budget 2024-25 set to be tabled next month, the real estate …

Modi 3.0: Cabinet’s nod to 3 crore rural and urban homes under PMAY to help revive the affordable housing segment
6 months, 1 week ago

Modi 3.0: Cabinet’s nod to 3 crore rural and urban homes under PMAY to help revive the affordable housing segment

Hindustan Times  

Hours after taking office for a third consecutive term, Prime Minister Narendra Modi's new Union Cabinet announced its first major policy decision to provide assistance for the construction of an additional three crore rural and urban houses under the Pradhan Mantri Awas Yojana. This, say real estate experts, is aimed at ensuring continuity to the Housing for All scheme and …

Real estate sector pins hopes on Modi 3.0; pushes for focus on infra development and affordable housing
6 months, 1 week ago

Real estate sector pins hopes on Modi 3.0; pushes for focus on infra development and affordable housing

Hindustan Times  

The real estate sector hopes that the new government will continue to focus on infra development, affordable housing, streamlining of the regulatory framework, single window clearance mechanism and rationalization of taxes to stimulate investment and growth in the sector. With Narendra Modi taking oath as the prime minister for the third time, the real estate sector hopes that the new …

Election 2024 results: Real estate sector hopes for continued focus on infra development, affordable housing
6 months, 2 weeks ago

Election 2024 results: Real estate sector hopes for continued focus on infra development, affordable housing

Hindustan Times  

The real estate sector hopes that the new government would continue to focus on infrastructure development, work towards lowering home loan interest rates, prioritize affordable housing, and provide tax incentives for sustainable development. Election 2024 results: The real estate sector hopes that the new government would continue to focus on infrastructure development, work towards lowering home loan interest rates, prioritize …

Indian real estate expected to touch $1.5 tn by 2034; drive 15% of economic output: Knight Frank India - CII Report
8 months, 1 week ago

Indian real estate expected to touch $1.5 tn by 2034; drive 15% of economic output: Knight Frank India - CII Report

Hindustan Times  

The value of the Indian real estate sector will touch an estimated $1.5 trillion, constituting 15% of the total economic output by 2034. The residential market is expected to lead with a value of $906 billion, followed by the office sector contributing $125 billion, a report titled ‘Indian Real Estate: A Decade from Now’, Knight Frank India, in association with …

Real estate sector expected to touch a market size of $1.3 trillion by FY2034: Credai
9 months, 1 week ago

Real estate sector expected to touch a market size of $1.3 trillion by FY2034: Credai

Hindustan Times  

The real estate sector is projected to touch a market size of $1.3 trillion by FY 2034 and $5.17 trillion by 2047, according to a report by the builders’ apex body Confederation of Real Estate Developers’ Association of India. The real estate sector is projected to touch $1.3 trillion by FY 2034 and $5.17 trillion by 2047, Credai has said, …

Real estate sector will contribute 15% to the GDP and will reach a market size of $1 trillion by 2030: Puri
9 months, 1 week ago

Real estate sector will contribute 15% to the GDP and will reach a market size of $1 trillion by 2030: Puri

Hindustan Times  

Housing and Urban Affairs Minister Hardeep Singh Puri said on March 15 that the real estate sector is expected to contribute 15% to the GDP and will touch a market size of $1 trillion by 2030. He also said that a highly matured and developed real estate sector with an estimated market size of $1 trillion by 2030 is needed …

Polls and housing trends
9 months, 1 week ago

Polls and housing trends

The Hindu  

As India gears up for its upcoming general elections, optimism and anticipation are evident across various sectors, and the real estate market is no exception. Historically, India’s general elections have been a time for positivity — after all, every political party in the fray pledges to boost economic growth and improve infrastructure. Favourable regulatory changes The government’s focus on housing …

What to expect at this year's NPC
9 months, 2 weeks ago

What to expect at this year's NPC

China Daily  

The Great Hall of People in Beijing. Let’s look at the key announcements to watch for, including the government's 2024 growth target, fiscal stance for 2024, property sector policy and government’s plan to stimulate consumption. Most likely, the government will announce: an official budgetary deficit at 3 percent of GDP, unchanged from 2023 target; and 4 trillion yuan of local …

Economic outlook 2024: Real estate surging ahead
9 months, 3 weeks ago

Economic outlook 2024: Real estate surging ahead

The Hindu  

As India charts its economic course in 2024, two sectors stand out as the primary engines of growth: real estate and infrastructure. Influenced by various factors like increased investments, government initiatives, and sustainability measures, real estate and infrastructure are together poised to stand out as the major contributors to the Indian economy. Several projects exemplify India’s emphasis on real estate …

Why are house prices so high in India? | In Focus podcast
9 months, 3 weeks ago

Why are house prices so high in India? | In Focus podcast

The Hindu  

February 29, 2024 04:10 pm | Updated 05:06 pm IST Housing is a basic requirement for dignity of life. But affordable decent housing remains a distant dream for most Indians, especially in urban India. Close to 17% of all households in urban India live in slums, with this percentage shooting up to 41% in a city like Mumbai and 29% …

Govt working on the scheme to help middle class purchase or build homes: Housing and urban affairs secretary
10 months, 3 weeks ago

Govt working on the scheme to help middle class purchase or build homes: Housing and urban affairs secretary

Hindustan Times  

A day after the finance minister Nirmala Sitharaman said in her Budget 2024 speech that the government will launch a housing scheme for the middle class to buy or build their own houses, a top official of the ministry of housing and urban affairs said that the government is ‘working on the scheme’. The government is "working on a scheme" …

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