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housing

Housing challenges

The housing sector demands a high level of creativity. There is a lot to be done across a range of policy areas to improve the functioning of different aspects of our housing system.

Rising input costs raise Property rates 2-5% in Q12022

"The impact of the third Covid-19 wave was significantly lower than of the preceding two waves. The unrelenting appetite for homeownership amid the pandemic has coupled with a growing certainty of impending price rises to speed up housing sales velocity."

50% consumers prefer real estate for investment: says NAREDCO survey

 Housing.com & NAREDCO suggested that the government should hike tax rebates on housing loans’ interest rates, reduce Goods and Services Tax (GST) on construction materials, expand credit availability to small developers, and cut stamp duty to boost housing demand.