India’s senior living sector is pushing for priority lending status, GST rationalization, and stamp duty waivers to make assisted living more affordable. Developers argue that aligning taxation with hospitals and reducing financial burdens will boost investment, expand supply ....

Nisus Finance and its strategic partner BCD Group invested around Rs 105 crore in Suvita Real Estate, a wholly owned subsidiary of Shapoorji Pallonji Real Estate. This senior secured listed non-convertible debentures (NCD) investment in a 12.16-acre land parcel in Pune's Manjari-Budruk.

Indian real estate is hopeful for major improvements when Finance Minister Nirmala Sitharaman presents Budget 2024. The business anxiously awaiting affordable housing definition extension, industry classification, and tax benefits for homebuyers and developers.

Bengaluru-based Prestige Group, a real estate giant, is planning to transform urban landscapes across Delhi-NCR, Bengaluru, Hyderabad, Chennai, Mumbai, and Goa. With a Bengaluru trial project, they are also targeting elder living.