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Affordable Housing Redefined? Proposed GST Could Boost Budget Homes

The GST Council's GoM proposes increasing the affordable home price barrier from ₹45 lakh to ₹55 lakh. If authorised, this might help budget homebuyers by matching GST incentives with growing property prices and increasing housing accessibility throughout India.

By Admin

  • 3rd Nov 2024
  • 1156 Views
Why the Disparity in MHADA Home Prices? Understanding the 2023 and 2024 Variations in Affordable Housing

The Maharashtra houses and Area Development Authority has long promised affordable houses. However, a recent decision has caused major changes in low-income property pricing between 2023 and 2024.

By Admin

  • 10th Oct 2024
  • 1177 Views
Mumbai's First Underground Metro Phase Set for Grand Inauguration by PM

Mumbai's first underground metro line is open after delays and controversy. This Saturday, Prime Minister Narendra Modi will open the 12.5 kilometre Aarey-BKC metro line's first phase. The new metro line would cut travel time from Aarey to BKC to 22.30 minutes, down from an hour.

By Admin

  • 6th Oct 2024
  • 1175 Views
6 Key Reasons Why Rising Land Costs and Delays Are Slowing Down Indian Real Estate Projects

High land prices and lengthy clearance delays are limiting Indian real estate project debuts. Land acquisition, regulatory difficulties, and legal issues are causing a supply-demand mismatch in Mumbai, Bengaluru, and Delhi-NCR.

By Admin

  • 4th Oct 2024
  • 1184 Views
Madh-Versova Cable-Stayed Bridge to be a Reality Soon as BMC approves Rs 3246 Crore Mega Project

The Madh-Versova cable-stayed bridge, worth 3,246 crore rupees, would lessen travel lengths by 3–4 km and boost communication between Versova and Madh. The bridge will be open 24 hours a day. Constructed in around 36 months, this 2.06 km bridge will boost infrastructure & Madh property prices.

By Admin

  • 11th Sep 2024
  • 1225 Views
7 Reasons Why Mumbai's New TDR Policy Could Negatively Impact Real Estate Growth

Recent TDR regulation amendments in Mumbai could jeopardise the city's growing real estate industry. With developers being forced to get a percentage of their TDR from the Dharavi redevelopment project at higher rates, home prices may rise.

By Admin

  • 6th Sep 2024
  • 1197 Views
Residential Property Prices Soar by 45% in India's Top Cities Despite Rising Supply - Anarock Report Highlights Significant Growth

Real estate consultant Anarock reports that residential property prices in India's top seven cities have risen 45% in five years. Due to increased demand and fresh supplies, some micro marketplaces have seen price spikes of up to 90%.

By Admin

  • 29th Aug 2024
  • 1189 Views
7 Reasons Why Affordable Homes in India Are Becoming 'Unaffordable' For The Common Man

Many middle-class Indians are losing their goal of home ownership as property prices rise, making affordable homes scarce. With the average property costing ₹1.2 crore to ₹1.4 crore, homeownership is becoming increasingly difficult to achieve.

By Admin

  • 13th Aug 2024
  • 1211 Views
Understanding the 48% Surge in MMR Real Estate Prices - Key Drivers and Trends

The Mumbai Metropolitan Region (MMR) has seen real estate prices jump 48% in five years. MMR has become one of India's hottest real estate markets due to reduced unsold inventory and rising demand. A detailed look at what caused this massive surge.

By Admin

  • 4th Aug 2024
  • 1244 Views
7 Essential Steps to Ensure a Successful Home Investment

Home investing may be complicated, especially with rising prices, legal issues, and quality issues. Ghar recommends 7 essential actions for a safe, financially secure, and easy home purchase:

By Admin

  • 3rd Aug 2024
  • 1200 Views
7 Ways the Mopa Airport Opening is Creating a Boom in Mopa Real Estate

The opening of Manohar International Airport in Mopa has made North Goa a top location for luxury property investments. High-end developments have increased due to this planned development, boosting the region's popularity. Ghar highlights 7 ways the new airport is boosting Mopa real estate.

By Admin

  • 31st Jul 2024
  • 1211 Views
5 Impactful Ways That Digitisation of Land Records Will Boost Indian Real Estate Investments

GIS-digitized land records will transform India's real estate industry. This effort seeks to expedite land acquisition, decrease title concerns, and attract large local and foreign investments. Ghar highlights five essential points.

By Admin

  • 28th Jul 2024
  • 1210 Views
High Court Rules State Entitled to Reasonable Return on Leased Land

The Bombay High Court held that the state deserves a fair return on its land in a landmark decision. Justices B P Colabawalla and Somasekhar Sundaresan stressed that leasing rates need not be cheap if they fail to cover inflation, administration fees, and escalation.

By Admin

  • 14th Jul 2024
  • 1225 Views
5 Reasons for the Surge in Prices of Under-Construction Properties by Almost 50%

Savills India reports that luxury residential under-construction properties in Delhi, Noida, Gurugram, Bengaluru, and Mumbai rose up to 53% in the first half of 2024. Gurugram grew the most. These are the top five causes of this increase.

By Admin

  • 3rd Jul 2024
  • 1257 Views
Q2 2024 Indian Residential Property Sales Hit by Election, Heatwave, and Rising Prices

Election season, a heatwave, and rising property prices slowed Indian home sales in Q2 2024. This reduced unit sales by 8% from the previous quarter, according to a real estate consultancy group.

By Admin

  • 28th Jun 2024
  • 1236 Views
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