Browsing Tag

Real Estate Growth

24 posts
Dwarka Expressway

25,000 Homes to be Completed by 2027 Along Dwarka Expressway

The Dwarka Expressway is rapidly transforming into a premier real estate hub, with 25,000 housing units set for completion by 2027. Enhanced connectivity, high-end residential projects, and rising property values are attracting homebuyers and investors alike. With the launch of luxury apartments, branded residences, and world-class amenities, the expressway is redefining Gurugram’s real estate landscape.
Flex Office spaces

India’s Office Market Poised for Strong Growth in 2025, Led by Engineering, BFSI, and Flex Spaces

Office leasing in India is projected to reach 65-70 million sq ft in 2025, led by engineering, BFSI, and flex spaces. Bengaluru will remain the top market, with over 20 million sq ft of demand, followed by Hyderabad and Delhi-NCR at 10-15 million sq ft each. The expansion of Global Capability Centers (GCCs) and a shift towards sustainable office spaces will further drive growth.

Tax Exemption Boosts Housing Demand in Tier 2 Cities, Supply Yet to Catch Up

The recent Union Budget’s income tax exemption for individuals earning up to ₹12 lakh annually is expected to boost demand for affordable housing, particularly in Tier 2 cities. While sales continue to rise, a supply crunch due to fewer new project launches remains a challenge. Experts suggest that reinstating the 100% tax deduction on profits from affordable housing projects under Section 80-IBA could help bridge the gap between demand and supply, ensuring balanced market growth.
Nirmala Sitharaman to present the union budget

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 property market growth Navratri 2024

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.