Hyderabad's residential real estate market saw a 7% annual growth in transactions and a 20% rise in sales value during the July-September 2024 period.
Property buyers in Noida are protesting a new 6% stamp duty on sale agreements imposed by the Uttar Pradesh government, arguing that it adds financial strain, especially amid ongoing delays in property possession.
Sohna's real estate market is thriving, fueled by infrastructure growth and rising demand for premium properties, making it a prime investment hub in Gurugram.
The proposed 30% hike in circle rates for residential areas in Noida, after a five-year freeze, aims to align property values with market conditions.
Pune's home sales value surged 19% YoY in the July-September 2024 quarter, driven by higher-end properties, while Pimpri-Chinchwad and western suburbs led the market.
The Gujarat government is revising jantri rates for real estate transactions and seeking public input to ensure transparency and minimize disruptions.
In the September quarter, Mumbai's Metropolitan Region recorded 52,745 residential transactions, a 7% year-on-year increase, with a 10% rise in sales value to Rs. 48,409 crore, driven by strong demand across all price brackets.
The Greater Chennai Corporation plans a 6% property tax hike to address its financial strain and fund infrastructure projects.
Haryana's 20% hike in FAR rates will increase construction costs for large properties, likely raising property prices in cities like Gurugram.
As of September 2024, Ghaziabad has implemented a 15% increase in circle rates for residential, commercial, and agricultural properties, reflecting the city's infrastructural advancements.
Bengaluru's real estate market saw significant growth in Q2 2024, with home sales totaling ₹19,631 crore, led by North Bengaluru's dynamic demand.
In the first eight months of 2024, Mumbai led India's ultra-luxury real estate market, accounting for 84% of sales in properties priced above ₹40 crore.
The Goa government's 130% hike in minimum land prices in Bardez and Pernem is driven by rising demand due to tourism and the Mopa Airport development.
Ayodhya is set to see a significant rise in property prices, with circle rates poised to increase by up to 200% due to rapid infrastructure development and heightened real estate activity.
The Ghaziabad Municipal Corporation is including over 25,000 previously untaxed flats in its property tax system to boost revenue and improve infrastructure.
The proposed circle rate hike in Ghaziabad is facing objections primarily from urban developers concerned about rising property costs, while rural stakeholders support the increase for better land compensation
Noida and Greater Noida saw a 29% rise in residential transactions and a 59% increase in sales value in the June quarter of 2024. Enhanced infrastructure and growing demand for premium properties are driving continued optimism in these markets.
Goa's TCP department has approved the conversion of 15 land parcels into settlement zones across Usgao, Bardez, and Ela, enabling new residential and commercial developments.
The viral Reddit post highlighting a ₹38,000 rent for an unfurnished 1 BHK in CV Raman Nagar has sparked widespread debate about Bengaluru's escalating rental prices.
North West Bengaluru is poised for residential price growth that will exceed the city average, driven by strong demand and infrastructure improvements.
The Greater Noida Authority raised ₹1,500 crore from selling five group housing plots, with bids exceeding reserve prices by 128%.
The Bombay High Court upheld Maya Alagh's right to pay a rent of ₹805 per month for her Malabar Hill apartment, highlighting the ongoing complexities of India's rent control laws. This
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