Building your own home is a dream for many, and with the right planning and understanding of costs, that dream can be turned into reality. Constructing an independent house offers the freedom to customise … READ FULL STORY
August 24, 2023: The TruBoard Real Estate Construction Cost Index shows that cost pressures on developers have eased. For the quarter ended June 2023, the index has contracted by 1.3% compared to a year … READ FULL STORY
Cost of construction has increased 28% when compared to the average in November 2021 (pre-pandemic period), shows a recent report by property brokerage firm Colliers India. However, appreciation in construction costs continue to be … READ FULL STORY
“Do I have a choice? Now that there is cartelisation of cement, steel and other raw materials, my input cost has escalated by 20%. I am left with two uncomfortable choices – either pass … READ FULL STORY
For the past year, the built environment has remained heavily loaded with a price increase of major key construction materials, resulting in cost uncertainty on a major scale in the Indian construction industry. Chennai … READ FULL STORY
Lockdown is not a new reality for the developers across India, especially in the Delhi-NCR region. The NGT construction ban, often for months together, has hampered the execution cycle of the business. However, the … READ FULL STORY
Update on February 24, 2019: GST Council cuts tax on under construction residential houses to 5 per cent, from 12 per cent currently. GST rate on affordable housing slashed to 1 per cent from 8 … READ FULL STORY
Cost of construction for a residential apartment, in a mid-rise building in Mumbai, is the highest among the top urban centres in the country at Rs 3,125 per sq ft, according to a report. … READ FULL STORY
According to a report by JLL and PwC, while the Goods and Services Tax (GST) has simplified the tax treatment for the realty sector and resolved some of the long-standing issues like valuation, the … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA), aimed at offering protection to home buyers, is expected to have a negative impact on home price. “There will be an increase in price of homes, … READ FULL STORY
