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Inherited a 1-acre plot in Mumbai? Here's what you should know before taking on an SRA development on your own

India, Sept. 13 -- An individual earning Rs.24 lakh annually has expressed his ambition to become a real estate developer by undertaking a 1-acre Slum Rehabilitation Authority (SRA) project in the Mum... Read More


NAREDCO says PM's birthday should be observed as 'Right to Housing Day'

India, Sept. 13 -- NAREDCO, a body of real estate developers, has written to prime minister Narendra Modi urging that his birthday on September 17 be observed as 'Right to Housing Day'. The prime min... Read More


AI can cut real estate construction costs, halve project timelines, and reduce delays, benefiting homebuyers

India, Sept. 13 -- Artificial Intelligence (AI) is emerging as a game-changer for real estate projects. It has the potential to reduce construction costs, shorten project timelines, and minimise delay... Read More


Nagpur flyover cuts through balcony; netizens dub it a 'flyover-facing house' and slam it as 'planning gone rogue'

India, Sept. 13 -- Nagpur's ambitious Rs.998-crore Indora-Dighori flyover project has sparked a storm on social media after images showed a section of the flyover curve that appears to cut through a b... Read More


Top court orders real estate sector reforms

India, Sept. 13 -- The right to shelter is an integral facet of the fundamental right to life under Article 21 of the Constitution, obligating the State to secure adequate housing for its citizens, th... Read More


Planning to gift property to your wife? No capital gains tax on the gift, but income from the asset may be taxable

India, Sept. 13 -- The Income Tax Appellate Tribunal (ITAT) has ruled that gifting an asset such as property or shares to a spouse does not attract capital gains tax at the time of the gift. However, ... Read More


SEBI approves equity status for REITs to broaden investor participation; Indian REITs Association welcomes move

India, Sept. 12 -- The board of the Securities and Exchange Board of India (SEBI) has approved the classification of Real Estate Investment Trusts (REITs) as 'equity' and retained the 'hybrid' classif... Read More


India's REIT market set to cross $25 billion by 2030: CREDAI-Anarock report

India, Sept. 12 -- The Real Estate Investment Trust (REIT) market in India has grown steadily since its first listing in 2019, reaching a market capitalization of about $18 billion as of August 2025. ... Read More


CREDAI vows to pass GST rate cut benefits to homebuyers, says lower tax could reduce property costs in smaller cities

India, Sept. 12 -- Credai, a real estate developers' body, has promised to pass on savings from recent GST rate cuts on construction materials to homebuyers, saying the reduced tax burden should trans... Read More


CREDAI pledges to pass GST rate cut benefits to homebuyers if cement and steel suppliers reduce prices

India, Sept. 12 -- Credai, a real estate developers' body, has assured that savings from recent GST rate cuts on construction materials will be passed on to homebuyers, but said the extent of the bene... Read More