India Real Estate Latest Trends | Overview | Growth | Investments

March 15, 2021
Stamp Duty Cost gets Further Deducted for Women Investors

To encourage women home seekers the Govt. of Maharashtra on Monday 8th of March declared a concession rate of 1% on stamp duty over the current rates. The government made it clear that the deduction would be provided only if the sale or transfer of property was made in the name of a woman or women. He also mentioned a possible revenue loss of about Rs 1000 crore due to the concession being offered.

In order to revive the rocky state of the real estate between the ongoing COVID-19 pandemic, the government of Maharashtra announced to slash stamp duties on housing units to 2% until 31st Dec 2020. These tax rebates from the state government saw a large incoming flow in the registry of properties especially for the month of February. Around 10.000 registries of housing units were seen in Mumbai in February 2021 according to sources.

According to data provided by Propstack, there was an increase of about 34%, as properties amounting to Rs 11,745 crore had been sold in Mumbai in February alone. The entire cost of properties in September 2020 was about t ₹9,025 crores; ₹11, 640 crores in October; ₹14,395 crores was recorded in November; ₹34,025 crores and ₹10,170 crores in December and January 2021 respectively.

Future Horizons: Indian Real Estate Sector’s Path to a $1.3 Trillion Market by 2034

The real estate sector in India is not just a behemoth in terms of market size but also a key driver of economic growth and prosperity. The sector is on a trajectory to reach unprecedented heights, with estimations projecting a market size of USD 1.3 trillion by 2034 and a staggering USD 5.17 trillion by 2047. Current Market Landscape: As of now, the Indian real estate market commands a market size of Rs 24 lakh crore, roughly translating to around USD 300 billion. This co

Revolutionising Connectivity: The Dwarka Expressway Revolution

In a major stride towards enhancing transportation infrastructure, Prime Minister Narendra Modi recently inaugurated the Haryana section of the Dwarka Expressway in Gurugram. With an estimated cost of Rs. 4,100 crore, this expressway is set to transform travel for commuters and significantly reshape the real estate landscape in the Delhi-Gurugram corridor. Transforming Travel: A Gateway to Efficient Transportation - The Dwarka Expressway, spanning 19 kilometres in Haryana, of

India’s Real Estate Renaissance: A New Dawn in FY 2024-25

India's real estate sector is on the brink of a transformative era, heralding a renaissance that promises to redefine the landscape of urban living and commercial spaces. As we look towards FY2024-25, the confluence of economic growth, technological advancements, and proactive government policies is setting the stage for an unprecedented boom in both residential and commercial real estate markets. Let's delve into the dynamics propelling this renaissance and explore the multifaceted growth antic