Browsing Tag

real estate developers

7 posts
Nirmala Sitharaman to present the union budget

Builders ask Govt To Reconsider GST on FSI Charges, Warns of Potential 10% Increase in Housing Prices

CREDAI has strongly opposed the proposed 18% GST on FSI (Floor Space Index) and Additional FSI charges, claiming that it could raise housing prices by 7-10%, making affordable housing projects financially unfeasible. The real estate body has urged the government to reconsider the move, warning that it could lead to stalled developments and disrupt the housing market.
housing

Housing Supply Set to Surge in 2025 as Inventory Levels Hit Lowest in 14 Months

The Indian housing market is set for a surge in 2025, with top developers planning to launch 253.16 million sq. ft. of new supply. With inventory overhang at its lowest in 14 months and strong demand for branded housing, new launches are expected to accelerate across major cities.
Bengaluru

Bengaluru Registers Rs. 15,739 Crore in Residential Transactions in Q3 2024, North Bengaluru Leads Market Activity

Bengaluru’s residential real estate market recorded Rs. 15,739 crore in transactions during Q3 2024, reflecting a slight dip from the previous year. North Bengaluru leads in activity, while developers like Embassy and Prestige Group topped sales value. Despite a decline in total transactions, demand remains strong, driven by infrastructure development and a shift in housing preferences.
MahaRERA

MahaRERA Launches New Website MahaCRITI

MahaRERA’s new website, MahaCRITI, went live on September 1, 2024, offering instructional videos and online training to users. The platform aims to streamline real estate processes, with over 2,700 users already engaging, including updates and new registrations by developers and real estate agents. The training has reached around 550 developers, 350 agents, and 250 lawyers, ensuring effective use of the new portal for managing real estate tasks and complaints.
pune-real-estate

Pune Real Estate Market Sees 50% Surge in Registered Transactions; Average Home Sales Value Hits Record

Pune’s real estate market has witnessed a dramatic upswing, with registered transactions…