Browsing Tag
rental housing
14 posts
REIT Share in India’s Office Market May Nearly Double to 30% by 2030
Colliers India predicts that REIT penetration in the country’s office market could nearly double to 25–30% by 2030 from the current 16%. With 500 million sq. ft. of REIT-worthy Grade A offices and growing interest in retail, warehouses, housing, and data centres, REITs are emerging as a key growth driver for Indian real estate.
CSR Funds to Fuel Affordable Homes in Maharashtra
Under its 2025 Housing Policy, Maharashtra has opened a new door for corporate participation by enabling CSR funds to support housing for the urban poor, migrants, women, and other vulnerable groups. Through a proposed CSR-Housing Development Board and incentives for green, rental, and inclusive projects, the state aims to transform its housing landscape in partnership with the private sector.
MHADA to Build 8 Lakh Homes in 5 Years Under Affordable Housing Plan
MHADA will construct 8 lakh affordable homes by 2030, aligning with NITI Aayog’s recommendations. Deputy CM Eknath Shinde announced the plan during a housing lottery event in Thane, where 2,147 homes and 117 plots were allotted. The government is also introducing a new housing policy, focusing on rental housing, hostels, and redevelopment projects to expand affordable housing options.
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.