Budget 2025: Tax Relief on Two Homes, ₹15,000 Cr SWAMIH Fund & Urban Growth Push Real Estate Forward

The Union Budget 2025-26 brings significant tax relief for homeowners, allowing tax exemptions on two self-occupied properties instead of one. This progressive move enhances homeownership benefits, reducing notional rental tax burdens and making real estate investments more attractive. Additionally, the budget introduces a ₹15,000 crore infusion into the SWAMIH Fund to accelerate stalled housing projects, boosting market confidence. With zero income tax up to ₹12 lakh, middle-class disposable income is set to rise, fueling housing demand. However, industry experts highlight the need for further reforms, including home loan interest deductions and streamlined approval processes, to maximize sectoral growth.

Mumbai Sees Surge in Property Registrations and Stamp Duty Revenue in January 2025

Mumbai recorded 12,048 property registrations in January 2025, generating ₹974 crore in stamp duty revenue. This marks a 9.86% increase in registrations and a 28.15% rise in revenue compared to January 2024. However, compared to December 2024, registrations dipped by 2.98%, while revenue declined by 14.12%.

Budget 2025 and Its Impact on Foreign Investments in the Luxury Housing Sector

Budget 2025 is expected to introduce key reforms in FDI regulations, tax incentives, and REITs, enhancing foreign investment in India’s luxury housing sector.

Property Prices Surge Across India’s Prime Residential Markets in 2024 Amid Rising Costs

Property prices in India’s prime residential markets saw a significant rise in 2024, with Delhi NCR experiencing a 49% YoY surge. The increase is driven by demand for luxury homes, escalating costs of building materials, and labor. Other cities like Mumbai, Bengaluru, and Pune also reported double-digit price growth. Despite a slowdown in Hyderabad, the overall trend highlights a growing demand for high-end properties, especially in key markets like Delhi NCR. However, the surge raises concerns about affordability, prompting calls for policy adjustments to ensure broader access to housing.

Panasonic Life Solutions India Acquires ₹160 Crore Land Parcel in Andheri East, Mumbai

Panasonic Life Solutions India Pvt. Ltd. has acquired a ₹160 crore land parcel in Andheri East, Mumbai. The deal, registered in January 2025, reflects the city’s booming commercial real estate market. This acquisition strengthens Panasonic’s presence in India’s electrical construction industry, while Mumbai’s ongoing infrastructure developments continue to attract major investments.