At a time of rising penchant for luxury homes, DLF Ltd is on firm ground. The residential realty developer clocked pre-sales or bookings of ₹6,404 crore in the June quarter (Q1FY25), up more than 200% year-on-year. This whopping increase was driven by the launch of the second phase of the luxury project Privana West in New Gurugram. … Read more
As Union Finance Minister Nirmala Sitharaman is all set to table the Budget 2024-25 in the third week of July, India’s real estate sector hopes for a series of reforms and incentives that can drive growth and address longstanding challenges. Expectations range from increased rebates on home loan interest rates, GST rate reductions, single-window clearance … Read more
Such is the sorry state of affairs in India’s glowing real estate sector. For most people, buying a house is both a financial and life goal. But risks abound, especially if you are investing in a new housing project. Most well-laid plans go awry when the builder delays handover of your dream house or fails … Read more