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Realtors’ apex body CREDAI on Sunday expressed disappointment over the Union Budget 2026-27, saying it failed to offer any concrete measures to boost demand and supply in the affordable housing segment.The association, which represents around 15,000 real estate developers across the country, warned that the share of affordable housing in new home launches could shrink…
Today, the 2026–27 Union Budget was presented in the Parliament by the Finance Minister Nirmala Sitharaman. It’s a budget that loves travellers as at the heart of the Budget’s travel appeal is a sharp reduction of the Tax Collected at Source (TCS) on overseas tour packages. Yes, this time, the Budget didn’t just target economic…
The conclusion of the India–European Union Free Trade Agreement (FTA) has sparked buzz around whether European cars will finally come within reach of India’s middle class. Under the deal, India has agreed to a calibrated, quota-based reduction in import duties on European automobiles, with tariffs set to fall to as low as 10 per cent…
For the common man, this isn’t about chasing speculative gains—it’s about securing a stable home without overleveraging the future. By Raj KhoslaFor India’s urban middle class, owning a home remains the single largest financial aspiration—and increasingly, the most elusive one. Despite rising incomes, homeownership in cities is being squeezed by high land prices, escalating construction…
Budget 2026: The next phase is not about simply pushing more credit into the system. By Manish ShahIndia’s financial system has crossed an important threshold. Access to credit is no longer the binding constraint it once was. Today, households and enterprises that want credit can largely obtain it. The more relevant question now is whether…
As the Union Budget 2026 approaches, leaders in the real estate sector are urging the government to take urgent steps to revive affordable housing and strengthen rental housing, cautioning that growth in the sector is increasingly uneven and skewed toward luxury developments.Anuj Puri, chairman of ANAROCK Group, said India’s housing story remains strong on the…
Real estate developers in Kolkata have urged the Centre to use the Union Budget to recalibrate housing policies to reflect rising land and construction costs, calling for higher tax benefits for homebuyers and a long-pending revision of the affordable housing definition to revive demand, especially in the mid-income segment, PTI reported.With the Budget set to…
NEW DELHI: In a significant ‘public interest’ move, the Delhi High Court has allowed Zydus Lifesciences to manufacture and sell a biosimilar of Bristol Myers Squibb’s blockbuster cancer therapy, Nivolumab. Priced around 70% less than the patented therapy, the Zydus biosimilar is expected to improve patient access and affordability significantly.A division bench of Justices C…
NEW DELHI: Prime Minister Narendra Modi met 12 leading Indian AI startups on Thursday, where he called for promoting affordable and inclusive AI along with frugal innovation, while suggesting that a unique AI model should be presented to the world that reflected the spirit of ‘Made in India, Made for the World’. During the interaction…
Real estate developers today are also concentrated on high-end and luxurious projects, rather than affordable housing schemes. This is forcing lenders to reconsider their home loan market strategies, according to Antique Stock Broking’s BFSI Conference 2025, cited by ANI. Developers are now reluctant to build homes under Rs 50 lakh due to high land costs,…
