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Minister of State for Housing and Urban Affairs Kaushal Kishore said builders tend to quote around 15 percent less than the actual amount during the tender process. As completion nears, prices increase, leading to subcontracting issues that affect both builders and beneficiaries. ....
Real estate leaders seek increased tax slabs, revised affordability caps, and incentives in the upcoming budget. They also advocate for expanding the SWAMIH stress fund and reintroducing GST with an input tax credit, industry status, and perks for first-time homebuyers. ....
The unresolved barriers defeat the dynamic increasing cost in the real estate making it unaffordable for middle income group class, , real estate, naredco, affordable housing, tier 2 & Tier 3 cities, retail investors, red tapism, construction business, builders, RERA ....