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Residential property prices rise by 6% in Q2 2023: PropTiger.com Report
July 11, 2023: The residential property market in India experienced an average year-on-year price appreciation of 6% during the April-June period of this year, as per data released by PropTiger.com, the country’s leading online real estate brokerage company. The increase in housing prices can be attributed to strong housing demand.
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Property prices surge by 6% across top cities of India
The residential property market in India experienced an average year-on-year price appreciation of 6% during the April-June period of this year, as per data released by PropTiger.com, the country’s leading online real estate brokerage company. The increase in housing prices can be attributed to strong housing demand.
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Gurgaon developers advocate for restoring the stilt-plus-four-floors policy
Developers in Gurgaon are urging to revive the stilt-plus-four-floors policy. The Gurgaon Home Developers Association members argue that infrastructure improvements, and violation checks are better solutions than a blanket ban on constructing fourth floors. They have also requested that collected fees be utilised to develop infrastructure. AcresnYards .
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PMAY-CLSS subsidy extended till 2024; NBFCs rejoice
The Union Cabinet had previously approved the extension of the PMAY-Gramin scheme till March 2024. Consequently, the Non-Banking Financial Companies (NBFCs) also sought a similar extension on the PMAY-Credit Linked Subsidy Scheme (CLSS), which is now applicable till December 2024. To know more about the scheme, read further.
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