“The real estate sector continues to be a vital enabler of urban growth and economic momentum. Strengthening tax incentives for homebuyers and ensuring access to long-term, cost-efficient funding will help sustain healthy end-user demand across segments. In addition to apartments, plotted developments and second homes are witnessing rising interest, driven by improved infrastructure, work-from-anywhere trends, and the aspiration for lifestyle-led ownership. Luxury housing and redevelopment-led projects are gaining strong traction in urban markets, driven by evolving lifestyle preferences and infrastructure-led accessibility. Fast-tracking key infrastructure projects, metro corridors, and arterial road networks will be critical in unlocking new micro-markets and enhancing livability. Rationalization of GST on construction materials, faster approvals, and incentives for sustainable developments will further enable developers to create high-quality residential assets that deliver long-term value to homebuyers and the city.” …Read More
