As the Union Budget 2025-2026 (FY26) inches closer, the Indian real estate industry is seeking stamp duty cuts, revised home loan limits and updated affordable housing norms through Pradhan Mantri Awas Yojna (PMAY), single-window clearance and eco-friendly policies, among others. Industry leaders and consultancy firms, including Anarock, Raheja, Gaurs, Kanodia Group, Reach, Urban Space, Justo and Eros Group, have shared their expectations.
Housing sales are likely to be hit, especially in affordable and mid-income categories, following the RBI's decision to hike repo rate, according to real estate developers and consultants. However, the impact of RBI's decision to raise the benchmark lending rate by 50 basis points to 5.40 per cent is expected to be for a short term, they added. This is the third consecutive rate hike after a 40 basis points and 50 basis points increase in May and June, respectively.
Realty firm Raheja Developers on Thursday said it would construct over 17,000 residential units in next five years aiming to generate revenues of nearly Rs 4,100 crore (Rs 41 billion).
Realty player Raheja Developers will build up to 30,000 apartments in the affordable housing category in the National Capital Region in the next two years, which will be offered at Rs 4-25 lakh.
The 10,000-square feet top-floor apartment is being sold by Raheja Developers.
It's a race among real estate developers to complete a floor quicker than the rest. With timely delivery of projects turning into a selling point, innovative technology is being put to use by realtors like never before.
Rahejas plan to incorporate such apartments in their project Ayana in Gurgaon
SEZs promoted by Reliance, Raheja, IFFCO may benefit.
Most developers charge 18 per cent annual penalty from defaulting customers. Over the past year, many people who had booked a home on installments have lost jobs or taken salary cuts. The past 6-9 months have seen many of them defaulting on payments. "The move to waive penalty on late payment is a smart move. This will provide customers the much-needed cushion at a time when a lot of them may want to back out due to their financial condition," said a real-estate consultant.
Whether you have a two bedroom or a three bedroom house, you can convert it into a smart home starting at Rs 60,000 to Rs 70,000.
Raheja has unveiled Krishna Housing Scheme in sector 14 at Sohna and the homes will be priced at Rs 15,00,000-23,00,000.
The new law would boost home buyer confidence as well as investment in the realty sector.
For prices starting from Rs 25,000 and going up to Rs 4-5 lakh, you can convert your home into a smart home.
DLF says it has started the process of giving possession of housing units at New Town Heights project according to its commitment