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Around 97 land transactions for over 2,700 acres were recorded in 2023, compared to 2,500 acres across 82 deals in the preceding year, according to Anarock Property Consultants.
The realty sector also expects the government to increase the cap on affordable housing units from Rs 45 lakh to a higher bracket depending on the city size
Experts are calling for an increase in the price cap for affordable housing in metro cities, from ₹45 lakh to ₹1 crore, to make homes more accessible.
The intention to bring in rules for investment platforms offering fractional ownership of real estate assets comes in the wake of growing demand for such products in recent times.
Sebi: The intention to bring in rules for investment platforms offering fractional ownership of real estate assets comes in the wake of growing demand for such products in recent times.