The affordable housing sector has recorded a surge of 27 per cent, in new units launched between January and September 2017, as compared to the corresponding period last year. However, overall residential unit launches … READ FULL STORY
Over the past one or two years, the major cities across the country have seen a significant rise in affordable housing projects. According to a white paper by KPMG, titled ‘Indian real estate: Unfolding … READ FULL STORY
There is general perception that due to the increased rates of 18 per cent, the Goods and Services Tax (GST) for services rendered by the lenders, as against the lower rate of 15 per … READ FULL STORY
Various criteria, including transparency of projects and affordability, are attracting consumers looking for buying properties this festive season, rather than the traditional freebies and schemes, experts say. “Traditionally, the festive season has been considered … READ FULL STORY
Under the present service tax laws, normally, it is the supplier of the services, who has to collect the service tax from its clients/customers and deposit the same with the government. However, there are … READ FULL STORY
Often, more laws lead to greater red tape and their improper implementation defeats their very purpose. In the recent past, the government has unveiled several new regulations that affect the real estate market. For … READ FULL STORY
The Builders Association of India, on September 8, 2017, demanded that the GST Council exempt all government projects, finalised before June 30, 2017, from the GST purview and insisted on implementation of the old … READ FULL STORY
It is a common belief that making property investments on auspicious days, like Ganesh Chaturthi, will lead to appreciation in the value of the asset. Moreover, buying a property often involves one’s life savings. … READ FULL STORY
Shapoorji Pallonji Real Estate is planning to launch at least six projects in the financial year 2017-18, with two of these projects under the ‘Joyville’ brand to build affordable homes, the group has announced. … READ FULL STORY
Over the last one year, property rates have witnessed dramatic fluctuations, due to reasons like the demonetisation drive and the introduction of laws like the Real Estate (Regulation and Development) Act (RERA), the Goods … READ FULL STORY
The rental income from a real estate investment, is taxed under the head ‘Income from House property’ under the income tax laws, which is a direct tax law of the country. Properties that are … READ FULL STORY
Although the market had returned to normal after the demonetisation drive in November 2016, it was further impacted by the implementation of the Real Estate (Regulation and Development) Act (RERA) and the nationwide execution … READ FULL STORY
Sentiments in the real estate sector, which had been positive in the last quarter, have moved into the negative zone for the first time since Q4 2015, largely as a result of ambiguity over … READ FULL STORY
