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Real Estate

463 posts
RBI

RBI Cuts Repo Rate by 25bps: Lower Home Loan Interest for Homebuyers

The RBI’s 25 bps repo rate cut to 6.25% is a major boost for homebuyers, reducing EMIs and making housing more affordable. Developers also benefit from lower financing costs, driving project completion and market growth. Experts see this as a key step toward strengthening the real estate sector in 2025.
anu malik

Anu Malik, Along With His Wife Anju Malik, Sells Property Worth Rs 14.49 Crore in Mumbai

Bollywood composer Anu Malik and his wife, Anju Malik, have sold two luxury apartments in Santacruz West, Mumbai, for Rs. 14.49 crore, according to property documents.

With Just ₹75,000 in His Bank, Vedanta Founder Anil Agarwal Bought His First Home in Malabar Hill

Vedanta founder Anil Agarwal recently shared an inspiring story about his first home purchase in Mumbai. Despite having only ₹75,000 in his bank account, he refused to settle for a suburban home and instead set his sights on Malabar Hill. His determination led him to buy a 330 sq ft flat in Navranga Apartment, marking a major milestone in his journey. Agarwal’s story is a testament to the power of ambition, proving that with hard work and self-belief, even the biggest dreams can become reality.

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.

New Tax Exemption on Two Self-Occupied Properties: A Game-Changer for Homebuyers and Investors

The Union Budget 2025 introduces a significant tax exemption, allowing individuals to claim a nil valuation for two self-occupied properties. This move is expected to boost homeownership and real estate investments.