Bhubaneswar, the capital city of Odisha, is undergoing a transformation in its real estate landscape. Once known primarily for its cultural heritage and historical significance, the city is now positioning itself as a key destination for Luxury Living. Driven by urbanization, infrastructural advancements, and changing consumer preferences, Bhubaneswar is witnessing a shift in its residential market, with an increasing focus on high-end residences.

Economic Growth and Real Estate Expansion

The government has increased the official land valuation, known as the ready reckoner rate, across Nashik, with the highest hikes observed in Mahatmanagar, Adgaon, Canada Corner, Satpur, and Gole Colony-Ashok Stambh (TP-1). Other affected areas include Govindnagar and Motiwala College, where the rates have surged significantly. In most parts of the city, the increase ranges between 5% and 9.5%.

Gurugram Real Estate News: Gurugram has emerged as one of NCR’s leading real estate market. As the economic backbone of Delhi-NCR, Gurugram’s growth has a ripple effect on the region’s real estate market. With continuous demand across residential, commercial and mixed-use developments, the city is raising the bar of urban developments.

India’s luxury housing market is witnessing rapid growth, driven by strong demand from high-net-worth individuals (HNWIs), and non-resident Indian (NRI) investors. A recent report by GRI Club stated that the sector is outperforming expectations and is set to record its third consecutive year of unprecedented sales.

Sumit and Sharmili, a Mumbai-based couple in their 30s are planning to buy a house before starting a family. However, before making the decision they need to get their finances in order.

Buying a home is perhaps the biggest financial decision of one’s life. However, since it involves a significant financial commitment, one needs to make an informed decision. Here are five things you need to keep in mind if you are planning to buy a house.

The Haryana Government has recently given its nod to the long-awaited Faridabad-Noida-Ghaziabad (FNG) Expressway, a major step toward enhancing road connectivity across key NCR cities. Designed to streamline travel between Faridabad, Noida, and Ghaziabad, the expressway will significantly reduce travel time. The entire stretch, which currently takes about an hour, will be covered in just 30-45 minutes. Additionally, the project will improve connectivity between Gurgaon and Ghaziabad, cutting travel time from 2-3 hours to just 45 minutes.

Alibaug, Lonavala, and Khandala have gained significant traction among the emerging real estate hotspots, offering luxury living, according to real estate platform Magicbricks Insights. As real estate investments remain largly concentrated in metro cities, particularly the Mumbai Metropolitan Region (MMR) and the National Capital Region (NCR), evolving buyer preferences and enhanced infrastructure are encouraging investors to explore destinations beyond major urban centres, says the report.

The Bangalore Metro Rail Corporation Limited (BMRCL) has achieved a significant sustainability milestone, with five of its metro stations being awarded the PLATINUM Rating under the MRTS Elevated Stations category by the Indian Green Building Council (IGBC).

The recognition has been granted to Konanakunte Cross, Doddakallasandra, Vajarahalli, Talaghattapura, and Silk Institute stations on Reach-4B of Namma Metro.

The UT Administration has notified a threefold increase in property tax on residential properties and two-time hike on commercial ones. All government properties are exempt from the hike. The new tax will be applicable from April 1 for 2025-26.

The Maharashtra government has increased the "ready reckoner" (RR) rates for the financial year 2025-26, which are used for property valuations related to stamp duty and taxes. This marks the first increase in two years. Mumbai will see a 3.39% hike in these rates, while other areas in the state will experience a larger average increase of 3.89%. Notably, cities like Navi Mumbai, Thane, and Nashik will face steeper hikes, reaching up to 10.17%.