Tag: homebuyers

IndustryLatest Stories

Builders seek clarity on GST benefits for homebuyers

Consumers across various sectors are eager to enjoy the benefits from the reduced goods and services tax (GST) rates effective Monday. However, homebuyers may need to wait a bit longer. Real estate industry executives have indicated that there is still no clarity on the extent of benefits that will trickle down from cement manufacturers to consumers. Whenever cement prices do decrease, only projects currently in the early stages of construction will reap the rewards. “We are still awaiting concrete information from cement manufacturers regarding the benefits to be passed on to builders. We expect some impact in the first week…

Latest StoriesResidential

Homebuyers Strategize Amid Rising Land Prices

Representative image created by AI BENGALURU: Plotted developments are becoming increasingly attractive to second- and third-home buyers due to their appreciation potential, flexibility, and long-term land value. With land prices surging in double digits across major urban areas over the past four years, what was once a niche market is now a primary investment option for affluent and upwardly-mobile buyers. In response to this heightened demand, developers are creating branded, fully-serviced plotted communities complete with amenities, clear land titles, and integrated infrastructure. Second-home purchasers see land as a forward-thinking asset—offering the liberty to construct at their convenience, mitigating depreciation risks…