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Industry News

  • Financial Express-Co-working spaces boom in small towns

    In December last year, Andhra Pradesh chief minister N Chandrababu Naidu, in a bid to boost employment opportunities for women, ordered state officials to facilitate development of co-working spaces and “neighbourhood working spaces”. By the end of 2025, Andhra Pradesh aims to set up 1,50,000 seats in co-working space centres in government and private buildings.

     

    While this push comes from the government, private players are on similar trajectories.

  • Moneycontrol.com-Centre's retrospective GST amendment in Budget 2025 may face legal scrutiny

    Centre's decision to amend a section of the Good and Services Tax (GST) Act retrospectively in the Union Budget for 2025-26 may face legal scrutiny, as the government’s review petition on a case related to the issue is expected to come up before the Supreme Court in the coming weeks, tax experts told Moneycontrol.

     

    The case pertains to Section 17(5) of the GST Act which limits the eligibility for Input Tax Credit (ITC) for any item listed under the section. Read more on the proposed amendment here.

     

  • Times Property-Realty Stocks Surge As Budget 2025 Brings Urban Development Push And Tax Benefits

    Realty stocks surged after Budget 2025-26 introduced key reforms aimed at strengthening the real estate sector. A massive Rs 96,777 crore allocation for urban development, increased tax exemptions, and relief measures for homebuyers and tenants boosted investor sentiment, driving market gains.

     

    Urban Development Allocation

  • Moneycontrol.com- Union Budget's measures may spark real estate boom in top tourist destinations

    Real estate players are upbeat on the tourism-related announcements in the Union Budget 2025, stating that these measures could lead to increased demand for residential, commercial, and hospitality investments in major tourist destinations across the country.

     

    The announcements by Finance Minister Nirmala Sitharaman include the development of top 50 destinations, encouraging Buddhist and medical tourism, and MUDRA loans for homestays.

     

  • constructionweekonline.in-Why India is staring at a housing crisis

    India’s top nine cities, where majority of Indians migrate for jobs, is staring at a housing crisis. As developers shift focus to luxury housing, the supply of homes in the affordable and mid-income category (priced Rs 1 crore and below) has dipped by 36% in the last two years, from 3,10,216 units in 2022 to 1,98,926 units in 2024 with NCR, Mumbai and Hyderabad as worst performers, said a report by NSE-listed real estate data analytics firm PropEquity.

     

  • Financial Express-How emerging cities are driving India’s realty boom – Key reasons

    Emerging cities in India are rapidly becoming the driving force behind the country’s real estate boom, offering a rare mix of affordability, luxury, and high returns away from the crowded metropolises. According to a PropEquity report, residential property launch prices across India’s top 10 Tier II cities – including Goa, Chandigarh, Mohali, Lucknow, and Jaipur — have witnessed a rise up to 94% in new launch projects in the last five fiscal years ending 2023-24 due to growing consumer confidence, a buoyant job market and robust infrastructure development.

  • The Times of India-Cabinet allocates 50k cr for housing projects for urban poor

     The state cabinet chaired by CM Mohan Yadav on Tuesday approved the implementation of "Madhya Pradesh Semiconductor Policy 2025" and "Madhya Pradesh Drone Promotion and Utilisation Policy-2025". Besides, it approved the implementation of Pradhan Mantri Awas Yojana-Urban 2.0. Under the Awas Yojana, 10 lakh houses will be constructed in five years to benefit the eligible beneficiary families of economically weaker, lower-and middle-income groups in the urban areas.

  • egov.eletsonline.com-India’s Cities to Get ₹1 Lakh Crore Boost for Growth and Infrastructure

    The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, places a significant emphasis on urban development, introducing a series of transformative reforms and investments aimed at strengthening infrastructure, enhancing urban livelihoods, and improving city governance. The government has allocated substantial financial resources to promote sustainable urban growth, modernize municipal services, and boost affordable housing initiatives.

  • constructionweekonline.in-MMR’s prime locations for real estate investments in 2025

    As the Indian real estate market continues its upward trajectory, 2025 is expected to be a landmark year for property investments. With growing infrastructure developments, improved connectivity, and evolving buyer preferences, certain locations in Mumbai stand out as top investment destinations. Industry leaders share insights on why these areas are poised for significant growth.

  • Business Standard-India's student housing market expected to expand as demand rises

    India’s student housing market is set to grow as demand rises in education hubs where millions of young people need hostel and rental accommodation, according to experts.

     

    “According to various market reports, the Indian student housing market is estimated to reach approximately $780.5 million by 2030 with a CAGR (compound annual growth rate) of 6.6 per cent from 2025 onwards,” said Santhosh Kumar, vice-chairman, Anarock Group, a real estate consultancy.