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News

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House Property Tax Exemptions and Deductions: What Every Property Owner in India Should Know

Explore tax exemptions and deductions available for different property types in India, including residential, commercial, and agricultural assets. Learn how to reduce your tax liability and maximize returns.

  • May 26, 2025
  • AA
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Chandigarh Administration Hikes Property Tax and Collector Rates: A Closer Look at the New Changes

Chandigarh has raised property tax, collector rates, and service charges, increasing financial strain on residents and businesses while exempting government properties.

  • April 3, 2025
  • Chandigarh
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How the Ready Reckoner Rate Hike Will Affect Mumbai’s Real Estate Transactions?

The Mumbai Metropolitan Region’s Ready Reckoner (RR) rates will rise by 5-10% from April 1, 2025, impacting property valuations, homebuyers, and developers.

  • March 31, 2025
  • Mumbai
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Gautam Budh Nagar Circle Rate Hike: Homebuyers Raise Concerns Over Higher Property Costs

The Uttar Pradesh government is considering a 30-70% hike in circle rates for Gautam Budh Nagar, raising concerns among homebuyers over increased property costs.

  • March 18, 2025
  • Gurugram
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Greater Noida Flats Set to Become Costlier as Land Prices Increase

GNIDA plans a 5-8% land price hike for 2025-26 to fund infrastructure projects, impacting residential, commercial, and industrial real estate in Greater Noida.

  • March 16, 2025
  • Noida
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Ghaziabad Municipal Corporation Approves New Property Tax Calculation Method

Ghaziabad Municipal Corporation has revised property tax calculations by expanding road width definitions, potentially increasing tax revenue but facing resident opposition.

  • March 12, 2025
  • Ghaziabad
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Maharashtra Govt. Waives Interest on Premium for Self-Redevelopment Projects Until March 2026

Maharashtra CM Devendra Fadnavis announced an interest waiver on premium payments for self-redevelopment projects until March 2026, easing financial strain on societies.

  • Feb. 28, 2025
  • AA
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Income Tax Bill 2025: Key Changes in Capital Gains, Exemptions, and Investment Impact on Real Estate

The Income Tax Bill 2025 introduces key changes to capital gains taxation, affecting real estate investors through the removal of indexation, new exemption caps, and revised JDA taxation.

  • Feb. 17, 2025
  • Delhi
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RBI’s Repo Rate Cut: Implications for Home Loan Borrowers

RBI's 25 bps repo rate cut to 6.25% lowers home loan EMIs, boosting affordability and housing demand, especially in mid-range properties.

  • Feb. 8, 2025
  • Hyderabad
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Zerodha’s Co-Founder Nithin Kamath Reemphasizes Linking Property Prices to AQI Amidst Bryan Johnson Controversy

Nithin Kamath's proposal to link real estate prices with air quality index (AQI) levels sparks debate, emphasizing the impact of pollution on property values and health.

  • Feb. 5, 2025
  • Gurugram
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How the Union Budget’s TDS Update Can Drive Growth in Rental Housing?

The Union Budget's increase in the TDS threshold on rental income from ₹2.4 lakh to ₹6 lakh is expected to ease tax compliance and boost the supply of rental properties.

  • Feb. 4, 2025
  • Delhi
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Union Budget 2025: Tax Reforms to Improve Rent and Homeownership Affordability

Union Budget 2025 introduces key tax reforms, including an increase in the TDS exemption limit for rent payments and tax relief for self-occupied properties.

  • Feb. 3, 2025
  • Bangalore
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UP Housing Department Standardizes Building Permit Fees and Regulations

Uttar Pradesh's housing and urban planning department has introduced standardized regulations for building permit fees, promoting uniformity across development authorities.

  • Jan. 31, 2025
  • Uttar Pradesh
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Maharashtra Govt. to Launch 'One State, One Registration' Scheme by April-End to Simplify Property Registration

Maharashtra is set to introduce the 'One State, One Registration' scheme by April-end, aiming to simplify and unify property registration across the state.

  • Jan. 18, 2025
  • Mumbai
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External Development Charges in Haryana Set to Rise by 20% in 2025, Followed by Annual 10% Increase

Haryana increases External Development Charges (EDC) by 20% for 2025, introducing an annual hike of 10% to boost revenue for urban infrastructure projects.

  • Dec. 31, 2024
  • Haryana
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6 posh areas of Delhi: Where Luxury Meets Elegance

Delhi’s posh neighborhoods, like Jor Bagh, Shanti Niketan, and Hauz Khas, offer luxurious living with modern amenities, green spaces, and excellent connectivity. These areas provide a blend of opulence, convenience, and vibrant social life, making them prime real estate investments.

  • Dec. 15, 2024
  • Delhi
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The Role of Comparative Market Analysis (CMA) in Real Estate Price Valuation

Comparative Market Analysis (CMA) helps determine a property's market value by comparing it to similar properties, guiding buyers, sellers, and investors in making informed decisions. It plays a crucial role in pricing, negotiations, and investment assessments, though challenges like data availability and market fluctuations can impact its accuracy.

  • Dec. 13, 2024
  • Bangalore
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Developers Raise Concerns That Proposed Jantri Rate Revisions in Gujarat Could Push Housing Prices Up by 30-40%

The Gujarat government's proposed increase in jantri rates, ranging from 200% to 2,000%, could lead to a 30-40% rise in housing prices, impacting ongoing projects and reducing affordability for buyers.

  • Dec. 7, 2024
  • Gujarat
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From Industrial Hub to Real Estate Hotspot: The Faridabad Transformation

Faridabad is rapidly emerging as a key real estate market in the NCR, driven by significant infrastructure development, improved connectivity, and rising demand for residential and commercial properties. The city’s growth and strategic location make it an attractive destination for homebuyers, investors, and developers.

  • Dec. 6, 2024
  • NCR
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Understanding GST on Residential Property Purchases in India

The Goods and Services Tax (GST) applicable to residential property purchases in India, covering rates, exemptions, and implications for buyers and developers.

  • Nov. 29, 2024
  • Chennai
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Construction Costs Rise 11% in 2024 Due to Labour Cost Surge and Moderate Construction Materials Price Increase: Colliers Report

Construction costs in India rose by up to 11% in 2024, primarily due to rising labour costs and moderate price hikes in materials.

  • Nov. 16, 2024
  • Delhi
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Hyderabad Residential Real Estate Sees 20% Rise in Sales Value, 7% Growth in Q3 Transactions: Square Yards Report

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.

  • Nov. 7, 2024
  • Hyderabad
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Noida Property Buyers Express Strong Objections to 6% Stamp Duty on Property Sales

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.

  • Nov. 5, 2024
  • Noida
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Sohna’s Property Market Sees Double-Digit Growth Driven by Demand Surge: Square Yards Report

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.

  • Oct. 29, 2024
  • Sohna
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Proposed 30% Hike in Circle Rates After Five-Year Freeze in Noida: Impact on Real Estate Market

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.

  • Oct. 25, 2024
  • Noida
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Pune Sees 19% Surge in Registered Home Sales Value, Average Prices Reach All-Time High in July-September Quarter: Square Yards

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.

  • Oct. 23, 2024
  • Pune
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Gujarat Government to Seek Public Input Before Finalizing New Jantri Rates

The Gujarat government is revising jantri rates for real estate transactions and seeking public input to ensure transparency and minimize disruptions.

  • Oct. 16, 2024
  • Gujarat
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MMR Residential Market Sees Growth: 7% Increase in Transactions and 10% Surge in Sales Value for September Quarter, Reports Square Yards

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.

  • Oct. 14, 2024
  • Mumbai
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Greater Chennai Corporation Plans 6% Property Tax Hike: What It Means for Residents and the City

The Greater Chennai Corporation plans a 6% property tax hike to address its financial strain and fund infrastructure projects.

  • Sept. 28, 2024
  • Chennai
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Haryana's DTCP Hikes FAR Rates for Large Plots by 20%

Haryana's 20% hike in FAR rates will increase construction costs for large properties, likely raising property prices in cities like Gurugram.

  • Sept. 24, 2024
  • Gurugram
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Ghaziabad Property Market Faces Surge: Circle Rates Hiked by Up to 15%

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.

  • Sept. 14, 2024
  • Ghaziabad
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Bengaluru’s Real Estate Rally Continues with ₹19,631 Crore in Home Sales in Q2 2024

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.

  • Sept. 13, 2024
  • Bangalore
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Mumbai Tops Ultra-Luxury Home Sales in 2024: Transactions Worth ₹2,443 Crore Across Four Major Cities

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.

  • Sept. 11, 2024
  • Mumbai
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Goa Government Increases Minimum Land Price by 130% in Bardez and Pernem: Impact on Real Estate Market

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.

  • Sept. 8, 2024
  • Goa
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Ayodhya Circle Rates Expected to Jump by 200%, Impact on Land Prices Imminent

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.

  • Sept. 6, 2024
  • Ayodhya
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Ghaziabad to Bring 25,000 New Flats Under Property Tax Ambit

The Ghaziabad Municipal Corporation is including over 25,000 previously untaxed flats in its property tax system to boost revenue and improve infrastructure.

  • Sept. 4, 2024
  • Ghaziabad
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49 Objections Raised Against Proposed Ghaziabad Circle Rate Hike: Urban Concerns vs. Rural Support

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

  • Aug. 30, 2024
  • Ghaziabad
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Noida and Greater Noida See Double-Digit Growth in Residential Transactions in June Quarter: Square Yards Analysis

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.

  • Aug. 26, 2024
  • Noida
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Town and Country Planning (TCP) Approves Land Conversion for 15 Plots in Goa: Major Changes in Three Talukas

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.

  • Aug. 24, 2024
  • Goa
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Reddit Post Sparks Debate Over ₹38,000 Rent for Unfurnished 1 BHK in Bengaluru

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.

  • Aug. 23, 2024
  • Bangalore
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North West Bengaluru’s Residential Prices Expected to Surpass City Average Amid Rising Demand

North West Bengaluru is poised for residential price growth that will exceed the city average, driven by strong demand and infrastructure improvements.

  • Aug. 16, 2024
  • Bangalore
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Greater Noida Authority Raises ₹1,500 Crore Through Allotment of Group Housing Plots

The Greater Noida Authority raised ₹1,500 crore from selling five group housing plots, with bids exceeding reserve prices by 128%.

  • Aug. 11, 2024
  • Noida
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Bombay High Court Upholds ₹805 Rent for Luxurious Malabar Hill Apartment, Sparks Debate on Rent Control Laws

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

  • Aug. 10, 2024
  • Mumbai
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Bengaluru Rental Trends: 2BHK Rented in 9 Hours After X Post For ₹43,000/Month, Without Being Listed in Real Estate Portals

2BHK Rented in 9 Hours for ₹43,000/Month : Trends in High Security Deposits and Emerging Rental Practices in Bengaluru

  • Aug. 8, 2024
  • Bangalore
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Top 10 Affordable Neighborhoods in Bangalore for Renting 2BHK Apartments

Top 10 Affordable Neighborhoods in Bangalore for Renting 2BHK Apartments

  • Aug. 7, 2024
  • Bangalore
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Ghaziabad’s Circle Rate Set for a 20% Hike, Its First Revision in 2 Years

Ghaziabad’s Circle Rate Set for a 20% Hike, Its First Revision in 2 Years

  • Aug. 2, 2024
  • Ghaziabad
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Property Owners Face Higher Tax Burden Under Budget 2024 Reforms

Property Owners Face Higher Tax Burden Under Budget 2024 Reforms

  • July 30, 2024
  • Delhi
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Hyderabad Property Market Soars in Q2 2024 with ₹12,000 Crore in Registrations: Square Yards Report

Hyderabad's Property Market Flourishes in Q2 2024, Reaches ₹12,000 Crore in Registrations: Square Yards Report

  • July 28, 2024
  • Hyderabad
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Kolkata Property Registrations Surge 25% YoY in June 2024: Knight Frank Report

Kolkata Property Registrations Surge 25% YoY in June 2024: Knight Frank Report

  • July 27, 2024
  • Kolkata
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Mumbai's Monsoon Season: Effects on Real Estate Transactions and Market Trends

Mumbai's Monsoon Season: Effects on Real Estate Transactions and Market Trends

  • July 25, 2024
  • Mumbai
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Land Prices Soar in Jewar as Noida International Airport Nears Completion

Land Prices Soar in Jewar as Noida International Airport Nears Completion

  • July 23, 2024
  • Jewar
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Mumbai Real Estate Rental Registrations Up by 13% in H1 2024: Maharashtra IGR Data

Mumbai Real Estate Rental Registrations Up by 13% in H1 2024: Maharashtra IGR Data

  • July 23, 2024
  • Maharashtra
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Pune Property Registrations Soar by 60% YoY, Demand for High-Value Homes on the Rise

Pune Property Registrations Soar by 60% YoY, Demand for High-Value Homes on the Rise

  • July 22, 2024
  • Pune
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Bengaluru's Rental Housing Market Records 5-10% Average Price Correction in April-June Quarter

Bengaluru's Rental Housing Market Records 5-10% Average Price Correction in April-June Quarter

  • July 19, 2024
  • Bangalore
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Noida Authority Increases Land Allotment Prices by 6%: Key Decisions and Implications

Noida Authority Increases Land Allotment Prices by 6%: Key Decisions and Implications

  • July 15, 2024
  • Noida
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Mumbai’s Rs 10 Crore and Above Luxury Residential Units Clock Highest-Ever Half-yearly Sales Of Rs 12,300 Crore In H1 CY24

Mumbai’s Rs 10 Crore and Above Luxury Residential Units Clock Highest-Ever Half-yearly Sales Of Rs 12,300 Crore In H1 CY24

  • July 13, 2024
  • Mumbai
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Bengaluru Sees A 32% YoY Jump In Residential Property Prices: ANAROCK report

Bengaluru Sees A 32% YoY Jump In Residential Property Prices: ANAROCK report

  • July 11, 2024
  • Bangalore
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Diverging Trends in Bengaluru’s Real Estate Market: Mid-Segment Decline and Luxury Segment Growth in Q2 2024

Diverging Trends in Bengaluru’s Real Estate Market: Mid-Segment Decline and Luxury Segment Growth in Q2 2024

  • July 4, 2024
  • Bangalore
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Luxury Property Prices Surge Across Major Indian Cities, New Gurugram Up 53%, Noida’s Sector 150 Up 43%: Savills India Report

Luxury Property Prices Surge Across Major Indian Cities, New Gurugram Up 53%, Noida’s Sector 150 Up 43%: Savills India Report

  • July 3, 2024
  • Gurugram
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Analysis And Impact Of Telangana Government’s Decision To Revise Land Market Value

Analysis And Impact Of Telangana Government’s Decision To Revise Land Market Value

  • June 21, 2024
  • Telangana
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Goa's Second Home Market Thrives with 5-8% Rental Yields and Demand Rises for Gated Villas: Savills India Report

Goa's Second Home Market Thrives with 5-8% Rental Yields and Demand Rises for Gated Villas: Savills India Report

  • June 21, 2024
  • Goa
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Coimbatore Property Prices 2024: Insights into Key Localities, Growth Areas and Trends

Coimbatore Property Prices 2024: Insights into Key Localities, Growth Areas and Trends

  • June 18, 2024
  • Coimbatore
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Ludhiana Property Prices 2024: Insights into Key Localities, Growth Areas and Trends

Ludhiana Property Prices 2024: Insights into Key Localities, Growth Areas and Trends

  • June 8, 2024
  • Ludhiana
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Pune Property Prices 2024: Insights into Key Localities ,Growth Areas and Trends

Pune Property Prices 2024: Insights into Key Localities ,Growth Areas and Trends

  • June 3, 2024
  • Pune

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