After the demonetisation drive and the rollout of reforms like the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), the real estate sector witnessed a significant slowdown. With … READ FULL STORY
The primary reason why non-resident Indians (NRIs) want to maintain a wait and watch approach towards the Indian property market, is the high cost of property (according to 40 per cent of NRIs), while … READ FULL STORY
The issue of transparency in secondary or resale real estate transactions, has indeed been on everyone’s minds, ever since the Real Estate (Regulation and Development) Act (RERA) stepped in, to rescue the primary or … READ FULL STORY
The Reserve Bank of India (RBI) in its third bi-monthly policy of the current fiscal, on August 1, 2018, raised the benchmark repo, or the short-term rate at which it lends to other banks, … READ FULL STORY
The Goods and Services Tax (GST), a revolutionary tax reform that was rolled out on July 1, 2017, has effectively replaced multiple taxes like VAT, central excise duty, commercial tax, service tax, octroi, etc. … READ FULL STORY
The new regulatory changes and the changing market dynamics, will not adversely challenge the end-user driven markets, says Ashish R Puravankara, managing director of Puravankara Limited. In an exclusive interview with Housing News, Puravankara … READ FULL STORY
The number of high net worth individuals (dollar millionaires) in India grew by 20.4 per cent to 2.63 lakh people, while their collective wealth grew by 21 per cent to over USD one trillion, … READ FULL STORY
Anubhuti Roy, a fashion designer from Gurgaon, feels that the Goods and Services Tax (GST), has failed to fulfill its purpose in the housing market add has made houses costlier. “GST was supposed to … READ FULL STORY
The real estate market in Gurugram, in the Delhi-NCR, has witnessed significant changes over the past few years. With the prime areas reaching saturation, in terms of occupancy and prices, Gurugram may also see … READ FULL STORY
A pan-India survey by Track2Realty Brand X Report 2017-18, finds that a large number of Indians are not convinced with reforms like the Real Estate (Regulation and Development) Act (RERA), demonetisation, the Goods and … READ FULL STORY
According to a report by JLL and PwC, while the Goods and Services Tax (GST) has simplified the tax treatment for the realty sector and resolved some of the long-standing issues like valuation, the … READ FULL STORY
The real estate sector in India has witnessed significant transformation over the past few years. Policy reforms, like the Real Estate (Regulation and Development) Act (RERA), announcements for affordable housing projects in the annual … READ FULL STORY
Ready Reckoner (RR) rates indicate the value of land or residential and commercial properties of an area, determined by the state government and are published annually. RR rates vary as per the area under … READ FULL STORY
