Discover everything about land tax in India - from payment methods to exemptions. Learn how your tax contributions support community development and the difference between land tax and property tax in this comprehensive guide.

India's booming economy and urbanization are shifting focus to Tier 2 and Tier 3 cities, now emerging as growth hubs with affordable housing, improved quality of life, and rising investments. Backed by better infrastructure & government support, these cities are set to usher a real estate revolution

CapitaLand, Singapore's largest real estate manager, plans to quadruple its India FUM to SGD 14.8 billion (USD 11.3 billion) by 2028. This aggressive action supports its worldwide aim of SGD 200 billion (USD 153 billion) FUM in the same term.

By 2047, Viksit Bharat aims to raise 1.5 billion Indians' average income to that of affluent countries. Indian urban population is expected to rise from 34% in 2018 to 40% by 2030, while rural population is expected to decline. Promoting urban-rural synergy to support economic development is crucial

The Chapter, a luxury vacation house developer supported by industry leaders including Nadir Godrej, Anand Piramal, and the Burman family of Dabur India, plans to spend around ₹850 crore. This project aims to build luxury villas in India's top leisure spots.

A strategic bond sale by MMRDA to fund INR 50,000 crore will accelerate Mumbai's infrastructure development. MMRDA hopes to overcome its financial issues and forward critical projects that would boost connectivity and growth with state government support and a strong financial plan.

Land record digitalization will be prioritised by the Indian government to streamline land procedures. The incoming government is likely to support this critical effort with roughly ₹1,035 crore. To speed up land acquisition and construction, the initiative seeks to digitise all land records by 2026

Phoenix ARC, backed by Kotak Mahindra Bank, bought two stressed loans for ₹1,800 crore from IIFL, committing to an 83% recovery rate for the Fairfax-supported non-bank lender. The ₹1,500 crore acquisition was made in an open auction, with Phoenix ARC being the lone bidder.

The Dream of Homeownership Grows 2024 is a terrific year for Indian homebuyers due to numerous major advancements. Significant savings from a steady repo rate and an optimistic government budget encourage more individuals to purchase properties.

Top developers are flocking to Borivali, particularly near the Western Express Highway. High-end lifestyle developments are supported by rising social infrastructure including schools, hospitals, malls, and leisure centres. Borivali is becoming a top option for luxury and connectivity.

Colive, a tech-driven platform for fully managed co-living spaces, is seeking $20 million from venture capital companies. This money will support the company's aggressive growth. Colive, based in Bengaluru, wants to increase its room capacity in Pune and other Indian cities.

In the current fiscal year 2023-24, The Phoenix Mills plans to invest over Rs 2,000 crore to support the ongoing portfolio expansion in key locations such as Pune, Bengaluru, Kolkata, and Surat.

After Sebi proposed to regulate all online platforms that allow fractional ownership of real estate assets, experts expect holiday home fractional ownership, which is still new in India, to gain support.

Amazon Development Center (India), Amazon's software and support services division, has leased 200,000 square feet of office space in Pune's Gera Commerzone IT SEZ near Kharadi.

IBO, a business that builds and restores houses, opened its first store in Hyderabad, Telangana. The expansion supports the brand's goal of offering customers a value-priced omni-channel house building retail and home innovation experience.