Real Estate
GST Amendment to Increase Realty Project Costs, Lease Rents
The GST Council’s recent decision to retrospectively amend the Central Goods and Services Tax (CGST) Act from July 1, 2017, could significantly impact...
Sattva Group Acquires 8.5-Acre Land Parcel in Bengaluru for Rs 300 Crore
Real estate development company Sattva Group has acquired an 8.5-acre land parcel in Bengaluru’s Export Promotion Industrial Park (EPIP) for approximately Rs 300...
CREDAI Urges Govt to Drop 18% GST on FSI Charges, Citing Housing Price Hike Risks
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has called on the government to reconsider its proposal to impose an 18%...
Sholinganallur to Witness Surge in High-End Residential Units by 2025
Sholinganallur, a key real estate hotspot along Chennai’s Old Mahabalipuram Road (OMR), is poised for a significant transformation with the addition of over...
India’s Real Estate Innovation: PropTech Powers $16 Billion Affordable Housing Growth
India’s affordable housing sector is driving growth in PropTech investments. A recent study by HDFC Capital, Brigade REAP, and Knight Frank reveals that...
Perungudi-Velachery MRTS Road Set for Major Real Estate Boost
Greater Chennai Corporation (GCC) is set to transform the 3-km stretch of Perungudi-Velachery MRTS Station Road into a vibrant commercial and residential hub...
CRDA Approves Amaravati Projects Worth ₹11,467 Crore
The Capital Region Development Authority (CRDA) of Andhra Pradesh has greenlit development projects in Amaravati totaling ₹11,467 crore, marking a significant step toward...
Puravankara Plans Rs 2,000 Crore Fund to Expand in Affordable Housing Segment
Real estate developer Puravankara is set to launch a real estate fund of up to Rs 2,000 crore to fuel its expansion in...
Construction Material Prices Skyrocket in Tamil Nadu, M-sand Rises by 40%
The construction industry in Tamil Nadu is facing a significant challenge as the prices of essential materials like M-sand and gravel have seen...
Chennai’s DRA Expands to Pune, Bengaluru, Eyes Rs 1,000 Crore Revenue by 2027
Chennai-based real estate firm DRA has announced its expansion to Bengaluru and Pune by the next financial year, targeting a significant growth trajectory....
