Housing and Urban Affairs Secretary Durga Shanker Mishra on Friday said the government will look into various demand of the real estate industry, including an extension of timeline for completion of projects by 6-9 months. He highlighted various initiatives taken by the government in the past seven years such as development of 1.12 crore houses…

The current ASP of newly launched residential projects in most of India’s tier 1 cities has continued to plateau in the last few quarters, with prices appreciating minimally, ranging between 1 percent to 3 percent annually as per the latest PropTiger report. As per the distinguished digital real estate brokerage firm, approximately 50% of the…

Haryana’s real estate regulator declared on Tuesday that it has issued a fresh set of regulations related to the sale of real estate, namely apartments and buildings. As per the newly issued regulations, the price of any real estate project will be calculated on the basis of carpet area. The Gurugam based regulatory authority of…

Wondering about what affordable housing is? If the price of the flat purchased in a metro city is ₹45 lakh or less than that and the carpet area of the house is 60 sq meter or less, then the housing unit qualifies as an affordable house. For affordable housing, the GST applicable is currently 1…