Even though unsold inventory is increasing while sales are seeing a dip in many cities across India, it is too early to say that the real estate market is seeing a slowdown.
Real estate developers and financial institutions remain optimistic about growth in India’s property market over the next six months, despite ongoing global uncertainties.
Many personal finance experts regard real estate as a reliable vehicle for efficient tax planning. Moreover, it is also considered a good instrument for wealth creation, albeit if you know how to structure your property investments efficiently. Here’s all you need to know.
Supreme Court has held that a homebuyer, who seeks refund due to delay in completion of a project, cannot claim that a developer also reimburse the amount paid as interest on home loan.
Despite the crazy price appreciation in real estate over the years, ownership has continued to be a primary focus for many buyers. People are increasingly viewing property as more than just a place to live—it’s becoming a vital investment tool.
In a game-changing move for home buyers, the Housing and Urban Affairs Ministry, in collaboration with the All India Forum of Real Estate Regulatory Authorities (AIFORERA), is finalising a plan to create a uniform RERA platform. This system will consolidate project details from all states, making it easier for buyers to check project statuses and builder track records.
Income Tax allows exemption on the long term capital gain if you invest the gains/consideration in a new residential property subject to certain conditions. Recently, the Income Tax Appellate Tribunal (ITAT) Delhi has allowed multiple-year exemption u/s 54F for an under-construction house. It held that taxpayer can invest capital gains for the second or third time also towards the same new house property.
Long-term capital gains (LTCG) tax on property is a crucial consideration for high-net-worth individuals (HNIs) when selling real estate. The tax is applicable on profits earned from selling a property held for more than two years, with rates and exemptions governed by specific regulations. Understanding these rules helps HNIs plan transactions efficiently and reduce tax liabilities.
India’s real estate sector true potential can only be realised through strategic reforms in taxation. As Budget 2025 approaches, the industry’s stakeholders are eager for measures that could lower costs, simplify processes and incentivise participation from developers and buyers alike.
India’s wealthy elite are competing to acquire high-end properties in Goa as a means of enhancing their lifestyle. This trend is driving an increased demand for luxury villas, condominiums, serviced apartments, and second homes.
