As per a survey conducted jointly by the Urban Land Institute and consultancy PwC, the initial effects of demonetisation and the Goods and Services Tax (GST), have impacted the investment and development prospects of … READ FULL STORY
Rapidly increasing urbanisation in India, is placing increasing pressure on the country’s housing stock. There is presently a shortage of 20 million homes across urban India and with 10 million more people choosing to … READ FULL STORY
India’s real estate sector will quickly adapt to the recent regulatory changes, like demonetisation, RERA and the GST, according to Bijay Agarwal, managing director, Salarpuria Sattva Group. In an exclusive interview with Housing News, … READ FULL STORY
It has now been a year, since the Indian government announced the demonetisation exercise on November 8, 2016. The debate now centres on whether demonetisation has helped or hurt the real estate sector. The … READ FULL STORY
For all the right reasons, the World Bank’s Doing Business 2018 report was the toast of the country and the markets reacted with positivity. As a country, we should analyse the WB report, not … READ FULL STORY
It has been a year since demonetisation was announced on November 8, 2016 and was touted as a surgical strike on black money. Although, in the aftermath of demonetisation, the GDP growth has come … READ FULL STORY
The festive season, is usually a time when property sales peak during the year. Although the actual number of sales during this period, from the major markets of India, are only likely to be … READ FULL STORY
Beyond the political overtones, the economics of the existing taxation structures, do not indicate a smooth transition, if the real estate sector were to be brought under the Goods and Services Tax (GST). There … READ FULL STORY
The Telangana Real Estate Developers Association (TREDA) secretary general, Sunil Chandra Reddy, on October 23, 2017, said that property prices are likely to go up by around Rs 400 to Rs 450 per sq … READ FULL STORY
Ratings agency ICRA has said that the value of real estate sales steadily improved from Rs 2,709 cores in Q3 FY2017 to Rs 3,310 crores in Q4 FY2017 and further to Rs 3,703 crores … READ FULL STORY
With the implementation of the Real Estate (Regulation and Development) Act (RERA), the residential real estate industry is witnessing significant changes. The Act strictly prohibits builders from advertising their under-construction projects, while allowing the … READ FULL STORY
Finance minister Arun Jaitley, while delivering a lecture at Harvard University on October 12, 2017, has said that the real estate sector should, ideally, be brought under the ambit of the Goods and Services … READ FULL STORY
Shapoorji Pallonji Group, on October 12, 2017, announced a USD 500 million equity joint venture (JV) with Allianz AG of Germany, which marks Allianz’s first real estate transaction in India. The JV will establish … READ FULL STORY
