February 14, 2026

housing

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Budget 2026 for real estate: What FM Sitharaman can do for affordable housing – wishlist for reviving urban housing affordability

contact@dailyupdatesindia.com05 mins

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…

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Budget 2026 for real estate: Luxury housing soars, affordable homes lag; industry pushes for tax relief, rental income support

contact@dailyupdatesindia.com03 mins

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…

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Sumadhura Group to invest Rs 6,000 crore on 6 new housing projects in Bengaluru

contact@dailyupdatesindia.com02 mins

NEW DELHI: Realty firm Sumadhura Group will invest around Rs 6,000 crore to develop six new housing projects in Bengaluru, as it seeks to expand business amid strong demand, a top company official said.Bengaluru-based Sumadhura Group will launch six housing projects during this quarter.“Housing demand in Bengaluru continues to be strong. We are launching six…

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Budget 2026: Kolkata realtors seek tax relief, revised affordable housing cap; eye demand revival

contact@dailyupdatesindia.com03 mins

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…

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US mortgage rates: 30-year home loan rate inches up to 6.16%, stays near 2025 low as housing demand remains cautious

contact@dailyupdatesindia.com03 mins

The average interest rate on a 30-year US mortgage edged slightly higher this week but remained close to its lowest level of 2025, offering limited relief to homebuyers amid a still-challenging housing market, according to data released by Freddie Mac.The average long-term mortgage rate rose to 6.16% this week from 6.15% last week, when it…

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Housing inventory: Unsold homes rise 4% across top cities; new supply continues to outpace demand

contact@dailyupdatesindia.com03 mins

Unsold housing inventory across India’s top seven cities increased by 4 per cent last year, as the supply of new homes continued to exceed buyer demand, according to data released by real estate consultant Anarock.The total number of unsold residential units in the primary market stood at 5,76,617 at the end of 2025, compared with…

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Mobility infra shift: RRTS can reshape urban travel and spur decentralised growth; Knight Frank flags investment, housing opportunities

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The Regional Rapid Transit System (RRTS) has the potential to fundamentally change urban mobility patterns while acting as a catalyst for decentralised economic growth along transit corridors, real estate consultant Knight Frank said in a new report, PTI reported.According to a Knight Frank India study released on Friday, titled ‘Regional Rapid Transit System: Testing the…

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Tier-2, Tier-3 cities to drive next phase of India’s premium housing growth

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India’s premium and luxury housing segment is undergoing a structural expansion, with demand steadily moving beyond traditional metropolitan markets into Tier-2 and Tier-3 cities, according to industry reports and developers.As per Magicbricks, India the country’s luxury housing market is projected to grow at a compounded annual growth rate (CAGR) of 35 per cent, expanding from…

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