High inflation, tightening monetary policy measures and an adjusted economic growth forecast have altered the stakeholder sentiment for the next six months, shows a recent survey.

The one-time property tax amnesty scheme, Samriddhi 2022-23, will commence on October 26, 2022, and end on March 23, 2023.

The funds will be used towards 3 upcoming residential projects in Bangalore and Hyderabad, to generate Rs 4,600 crore in revenue.

The rapid growth of real estate in Pune’s central areas has triggered development activities in the eastern and western parts of Pune.

While currently, it takes close to 17 hours to travel the approximately 981 km distance between the two cities, with the green expressway the travel time will be reduced to five hours

This festive season, the market buzz is not discounts and freebies but value.

The report says these cities will be growth vectors in India in the coming years, driven by their progress in the real estate landscape, work environment, quality of life, and sustainability.

The report finds residential assets observing resurgence, with their share rising to 27 per cent in 2022 from a mere 4 per cent in 2020.

The company’s total collections was up by 68% yoy at Rs 26,029 mn