Author name: dreamspersqftmagazine

H1CY’25 Snapshot from CRE Matrix India’s Tier 1 housing market recorded an all-time high of ₹3.6 lakh Cr. in primary residential sales during H1CY’25, reflecting robust demand despite a dip in overall unit volumes. Approximately 2.54 lakh units were sold during the period, down ~6% from 2.70 lakh units in H1CY’24. This decline in sales volume was more than offset by a sharp rise in average ticket sizes from ₹1.24 Cr. to ₹1.42 Cr. in H1CY’25 pointing to a clear consumer shift toward larger, higher-value homes. NCR led the market in revenue terms, contributing ~₹92,000 Cr., or 26% of pan-India Tier 1 city sales in value terms in H1CY’25. The region also recorded the highest value growth, at approximately 21%, largely driven by luxury housing in Gurugram. High-value transactions above ₹3Cr. bracket were concentrated in emerging corridors such as Dwarka Expressway and Golf Course Extension Road, where infrastructure upgrades and brand-driven launches have reshaped buyer preferences. MMR followed closely with a 23% market share, continuing its dominance in the upper-mid and luxury segments. While launches in the region remained muted, deal sizes stayed elevated, supported by end-user demand. Hyderabad and Bengaluru came in next, contributing 16% and 14% of the national Tier 1 cities’ revenue, respectively. Hyderabad recorded one of the highest average deal sizes at ₹1.84 Cr., second only to NCR, which had an average deal size of ₹3.66 Cr. in H1CY’25. Bengaluru’s shift toward apartments in the ₹1.5–3 Cr. range kept both markets active and resilient. Despite strong demand, new launches across Tier 1 cities declined for the second consecutive cycle. However, not all cities followed this trend — markets like NCR, Chennai, Hyderabad, and Bengaluru bucked the pattern, recording either stable or increased launch activity. Around 2.78 lakh units were launched in H1CY’25 — down ~8% from 3.02 lakh units in H1CY’24. Developers appear to be exercising caution, focusing on execution and inventory absorption rather than aggressive expansion. This tightening of fresh supply, combined with rising ticket sizes, is likely to keep inventory levels in check through H2. The widening gap between volume and value makes one thing clear: India’s top housing markets are no longer chasing numbers — they are chasing quality. Buyers are willing to spend more, but they are also more selective, preferring projects with trusted developers, better locations, and full- stack amenities. This premiumization trend, already visible in cities like Gurugram, Mumbai, and Hyderabad, is setting the tone for the rest of 2025. With the festive season ahead, H2CY’25 is expected to hold steady, supported by a pipeline of high-value launches and continued urban housing demand. However, signs of a cooling market are beginning to emerge — with moderated launch activity, fewer units sold, and buyers becoming more selective. The shift from affordable volume to value-led growth is evident, but sustaining this momentum will require careful market calibration. Abhishek Kiran Gupta CEO, CRE Matrix abhishekkirangupta@crematrix.com

In today’s digital age, Vastu Shastra has become a trending subject across the internet, Instagram, YouTube, and countless social platforms. While this visibility has brought welcome attention, it has also created misconceptions. Vastu Shastra is not a shortcut to wealth or an instant remedy; it is a timeless science of energy, balance, and living in harmony with nature, a knowledge base developed through centuries of study by sages and scholars. Vastu Shastra teaches that the entire universe from our bodies to our homes — is composed of the five great elements: Space (akash), Air (vayu), Water (jal), Fire (agni), and Earth (prithvi). The essence of Vastu is maintaining equilibrium among these elements. This balance, known as “Vastu Correction” influences our physical, mental, and spiritual well-being. Mrs. Rajashree Pravin Khiwasara, who has been studying Vastu for 24 years, emphasizes that true understanding comes from continuous learning and practice. “Vastu is not merely about structures,” she explains, “but about correcting vibrations, flows of energy, and creating spaces where peace, prosperity, and consciousness thrive.” In her experience, buildings designed or adjusted according to Vastu principles naturally attract positivity and stability. Wealth and success, often associated with Vastu, are by-products of balanced living rather than the primary aim. According to the tradition, each building, whether a home, office, factory, or hotel, should be assessed not only for its physical layout but also for its energy field, surrounding geography, and occupants’ karmic patterns. This holistic approach combines Vastu with astrology, gemstones, sacred geometry, and rituals to create a customized solution for every space. Methods include studying the Vastu Purusha Mandala, directional analysis, and applying appropriate remedies in alignment with the five elements. Vastu Shastra is more than a set of architectural guidelines; it is a lifestyle that aligns our internal and external environments. When the mind is balanced, Vastu works; when Vastu is balanced, the mind flourishes. This interplay creates a foundation for true prosperity not only material but also emotional, mental, and spiritual. Vastu Consultancy for Builders and Developers Being into construction herself, under the brand name “Khiwasara Group”, Rajashreeji can see vastushastra from builders perspective and can simultaneously guide developers as well individual home owners benefitting both. As we all know construction and home making is a very capital intensive business, small mistakes can lead to heavy losses. So keeping in mind about bilateral benefit, one of the builder and second of the home buyer, Rajashreeji provides an adequate solution for layout planning in the initial stages. Rajashreeji says that a home cannot be 100% according to vastu, but the way she guides in planning of flat layout, she assures most of the space is aligned as per vastu, while ensuring minimum wastage of FSI. As Rajshreeji concludes, Vastu Shastra should be seen as a science of balance and consciousness rather than a commercial product. Practiced with sincerity, it offers a pathway to harmony, positive vibrations, and an enduring sense of well-being in any space.* Mrs. Rajashree P. Khiwasara Vastu Consultant apkhiwasara@gmail.com +91 9822046444

In real estate, especially redevelopment and brownfield projects, the real challenge isn’t the building. It’s the journey from promise to delivery. That journey tests discipline, trust, and persistence in ways only those who’ve been through it truly understand. An average brownfield project spans around 1,000 days, roughly 200 days of pre-construction and 800 days of construction. Those 1,000 days between Day 1 and handover day are the ultimate test. On Day 1, you make a promise. On Day 1,000, you must deliver it exactly as committed with the same conviction and integrity. Often, we sell long before the building exists. A buyer may commit to a home on the 18th floor when even the plinth hasn’t been cast. That’s not just a transaction that’s trust. And in a market where projects are often investment-driven for both the buyer and the developer, trust becomes the most critical currency. Today’s environment demands sharp execution, selling inventory within 24 months, generating cash flow while building, and navigating market shifts in real time. But none of that happens without: A team that understands how every activity connects to the next. Planners who can identify long-lead items early. Clear, accurate market intelligence. Relentless discipline in execution. Stakeholders: More Than Just Numbers on a List In brownfield projects, there’s another layer – stakeholder management. You’re not just dealing with schedules and materials; you’re dealing with people’s expectations, anxieties, and emotions. Particularly in self-redevelopment projects, where the average age of stakeholders is often 60+, and they come from diverse backgrounds, education levels, and life experiences, alignment requires more than technical expertise. It demands: A deep understanding of the process. The ability to clearly transfer the project vision. The patience to make milestones meaningful. Pre-Construction: The Real Battlefield The pre construction phase is where the foundation for success is truly laid even before a single brick is set. It’s when multiple consultant teams come together: architects, engineers, legal advisors, financial experts, and more. Managing these teams, ensuring timely deliveries, and keeping the project vision front and center is the heart of effective leadership. A leader’s role is not only to ensure everyone understands their responsibilities, but also to make them feel their contribution is vital to the larger goal. Execution is about transforming those 200 pre-construction days into tangible reality through brick, mortar, and concrete. Simple Tools, Lasting Impact Over the years, I’ve learned that the most effective tools are often the simplest daily huddles with the team and a transparent Project Health Sheet that keeps everyone aligned. At VK Group, our Intelligent Project Delivery Solutions vertical is built on a simple truth: intelligence is not only about adopting new technology, it’s about knowing when to return to the basics trust, transparency, inclusion, and delivery. As Development Management Consultants, our role is not just to guide them towards decisions, but to stand beside them when those decisions are tough, helping them navigate with clarity and confidence. These principles have been at the core of our 52-year legacy and remain the foundation of every project we deliver. Because in real estate, the building is only the outcome. The real product is the promise kept. Akshay Kurlekar GM (Project Development), IPDS – VK Group akurlekar@i-pds.com +91 9730539696

In India’s rapidly evolving financial landscape, Dravyam Fintech Pvt. Ltd. stands out as a new-age lending partner that combines human-centric service with cutting-edge technology. Headquartered in Pune and incorporated in March 2023, Dravyam has quickly earned attention for making access to finance faster, easier and more transparent for individuals, entrepreneurs and real estate developers. A Young Company with a Strong Vision Founded by Madhusudan Dattatray Jadhav and Mohaniraj Bansibhau Khodade, Dravyam Fintech began with a simple yet powerful mission: to bridge the gap between borrowers and lenders through technology and trust. With an authorised capital of ₹5 lakh, the company is steadily building its footprint across Maharashtra and beyond. Comprehensive Financial Solutions Dravyam Fintech offers a diverse suite of loan products designed to cater to multiple segments: Home Loans – Helping customers realise their dream of home ownership Business Loans – Financing entrepreneurs and SMEs for expansion or working capital Construction Finance – Empowering builders and developers to complete residential or commercial projects Each product is backed by a focus on faster approvals, minimal paperwork and clear communication, ensuring that customers experience less stress and more certainty. Customer-First Approach What differentiates Dravyam is its unwavering commitment to transparency and convenience. Customers benefit from: Streamlined application processes and real-time status updates No hidden charges or unpleasant surprises Doorstep assistance and partnerships with realtors and channel partners to enhance outreach This blend of technology & personalised service enables Dravyam to meet borrowers where they are, creating an experience more aligned with today’s on-the-go lifestyles. Driving the Future of Fintech Lending Although still in its early stage, Dravyam Fintech has a clear roadmap: to strengthen its digital infrastructure, expand its partner network and introduce more flexible loan products tailored to India’s diverse borrowing needs. By maintaining its twin focus on speed and transparency, the company aims to become a trusted name in the Indian fintech ecosystem. A Brand to Watch In less than two years, Dravyam Fintech has begun carving out a niche as a reliable and customer-centric lender. For borrowers seeking a smooth, transparent and modern lending experience—especially in the housing and construction finance sectors—Dravyam offers a refreshing alternative. As the Indian financial market continues to mature, Dravyam Fintech is well positioned to grow with it, setting new benchmarks for simplicity, service and trust. Rahul Bhalchandra Patil Director & CEO, Dravyam Fintech Pvt. Ltd. rahul.p@dravyamfintech.com

On 22 September 2025, the Government of India introduced a landmark overhaul of the Goods and Services Tax (GST) system, popularly termed ‘Next-Gen GST’ or ‘GST 2.0.’ The reform consolidates slabs, rationalises rates, and prioritises sectors such as real estate and construction, which were heavily impacted by high indirect tax costs. The move seeks to simplify compliance, stimulate demand, and strengthen the government’s agenda of housing affordability and infrastructure-led growth. Rationale Behind GST Rate Reduction Simplified Tax Structure: Multiple slabs merged into three—5%, 18%, and 40% (luxury/sin goods). Boost to Demand: Reduced taxes on construction inputs to revive the housing market. Affordable Housing Support: Retained concessional GST to align with the ‘Housing for All’ scheme. Policy Intent: Promote affordability, improve project viability, attract investments, and reduce compliance burden for developers. Impact on the Real Estate and Construction Sector Affordable Housing: Concessional 1% GST (without ITC) continues, ensuring access for low- and middle-income groups. Under-Construction Residential Projects: A uniform 5% GST (without ITC) All the projects working in the residential real estate projects doesn’t get any Input Tax credit as such all the GST paid on the inputs were adding cost to the overall construction cost but with the reduction in GST rates, the same would be reduced . Construction Materials: Reduction in cement, tiles, steel, and fittings directly lowers the base cost of construction. Expanded List of Rate Reductions (Post 22 September 2025) How Cost Reduction Benefits Different Stakeholders For Buyers: Lower GST on inputs reduces construction costs, enabling developers to offer homes at more affordable prices. This enhances buyer confidence, reduces effective tax burden, and supports home ownership aspirations. For Builders/Developers: Lower tax on raw materials and contracts improves margins and ensures project viability. Simplified slabs reduce compliance complexity and promote timely delivery. For the Government: Reduced rates lower the cost of public infrastructure projects such as affordable housing schemes, metro rail, and urban development. This leads to budgetary savings and faster execution of flagship schemes. Ensuring Benefits Flow to Buyers To ensure that the advantages of GST rate reductions are not retained solely by developers but passed on to homebuyers, the Government has strengthened monitoring mechanisms: Anti-profiteering framework: The National Anti-Profiteering Authority (NAA) and State GST authorities will monitor whether developers pass on reduced costs through lower prices or improved amenities. Mandatory disclosures: Builders must reflect GST-related cost reductions in agreements and invoices issued to buyers. Sectoral audits: Real estate projects may be subject to targeted audits to verify compliance with GST reforms. Impact: These measures safeguard consumer interests, foster transparency, and maintain trust between buyers and developers, ensuring the policy objective of affordable housing is achieved. CA Amit Gholkar Director, Maxalpha Advisors Pvt Ltd +91 9822190663 amit@maxalpha.co.in

Belmont Skyverse is a premium residential address designed to elevate modern urban living. Both the towers rising over 10 floors, it offers thoughtfully designed 2, 3, and 3.5 BHK residences that combine style, space, and comfort. Each home is crafted with earthquake-resistant structure, high-quality finishes, and spacious balconies, reflecting Belmont Group’s commitment to creating homes that are both elegant and enduring.Strategically located with seamless connectivity to Kalyani Nagar, Viman Nagar, Koregaon Park, Kharadi IT Park, and Pune Airport, Skyverse ensures residents enjoy both convenience and exclusivity. The project also offers a view of Pune Airport, giving a unique perspective and connection to the cityscape.The development features a grand entrance boulevard, ample parking, and over 35 lifestyle amenities thoughtfully spread across ground and rooftop levels. Landscaped gardens, open-air gyms, co-working pods, yoga decks, and community kitchens provide spaces for wellness, recreation, and social interaction. Every corner is designed to encourage a vibrant, balanced lifestyle.With its combination of modern design, functional spaces, and curated amenities, Belmont Skyverse is more than a home—it is a statement of luxury, wellness, and contemporary urban living, offering residents a harmonious blend of comfort, convenience, and elegance. TESTIMONY: Project: Belmont Skyverse “Our vision for Belmont Skyverse was to create a landmark residential community that redefines modern urban living, offering families a serene yet connected lifestyle. We aspired to craft homes that are not only elegant and spacious but also thoughtfully designed for comfort, practicality, and everyday functionality.”“The Design11 Architects team, led by Ar. Swapnil Kshirsagar, has brilliantly brought this vision to life. The contemporary 10-storey towers, meticulously planned 2, 3, and 3.5 BHK residences, and carefully curated amenities—from rooftop leisure spaces and co-working pods to landscaped gardens and wellness zones—elevate everyday living. The project also offers views of Pune Airport, adding a distinctive charm and a sense of openness to the homes.”“Attention to detail is evident throughout: homes are built with premium finishes, spacious balconies, and a robust structural framework, creating spaces that are both aspirational and practical. Belmont Skyverse stands as a testament to innovation, design excellence, and enduring quality, setting a new benchmark in Pune’s luxury residential landscape.” Ar. Swapnil KshirsagarPrincipal Architect, Design 11