India’s real estate market is entering a vital phase, with 2025 set to redefine its growth path. Contributing around 7% to the nation’s gross domestic product (GDP) in 2024, the sector is poised to grow to 13% in 2025 and 18% by 2047, aligning with India’s projected $26 trillion GDP by its centenary of independence. … Read more
Real estate trends: The real estate market in key Indian cities, Delhi-NCR and Bengaluru, has witnessed a significant increase in housing prices in peripheral areas over the past five years. This trend is attributed to improved connectivity, infrastructure development, and the strategic location of these suburbs. The growth in these areas has outpaced traditional urban centers … Read more
Rushank Shah, Promoter, Hubtown, says that over the next three to four years, they are focusing on a couple of things. One of the first things they are focusing on is reducing our debt from our current levels to zero, as well as they will be using some of the existing land parcels including one … Read more
In India, freehold and leasehold properties represent distinct ownership models. Freehold properties grant complete ownership of the land and structures, providing owners with full control and autonomy. On the other hand, leasehold properties involve renting the property for a specific duration, resulting in limited ownership rights and reduced maintenance obligations. A leasehold property is essentially … Read more
A recent survey has shown that about 88% people in India feel there could be high or very high levels of financial uncertainty over the next five years, mainly due to uneven economic factors, like inflation, jobs and others. The survey, A-Nishchit Index 2024, revealed that about 36% cited economic uncertainty, such as potential job … Read more
The rapidly worsening air quality in India has a direct correlation to our housing choices. Increasing urbanisation, industrial proliferation and population growth are prompting homebuyers to prioritise the quality of their living environments. Many suburban areas with lower population density and more green open spaces offer relief from urban pollution. Planned cities such as Chandigarh, … Read more
“Non-life insurance space has been growing decently, especially the growth shown by companies like ICICI Lombard, etc, have been quite strong and that is also reflected in the stock price movements. Non-life has been doing better than life. And I think vis-à-vis the two spaces I think that is the better space to be in,” … Read more
Landscaping is increasingly becoming a key focus in residential projects in Chennai, with innovative elements such as forests and waterbodies being integrated into the designs. Whether they are mid-range apartments, luxury residences or individual homes, there is a growing emphasis on attractive outdoor areas. Developers in Chennai are engaging top landscape architects to add value … Read more
Long-term capital gains tax: The Centre announced on Tuesday a significant decision that offers relief to homeowners regarding Long-Term Capital Gains (LTCG) tax on real estate. Homeowners will now given the option to choose between two tax rates: a 20% rate with the indexation benefit, or a 12.5% rate without indexation. This policy shift follows … Read more
In a big relief for home buyers, the government has amended the Long-Term Capital Gains (LTCG) regime for real estate, allowing taxpayers to choose between a lower tax rate of 12.5% without indexation or a higher rate of 20% with indexation for properties acquired before July 23, 2024, enabling individuals or Hindu Undivided Families (HuFs) … Read more