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
Realty prices in the country, have been impacted by various factors over the past year, such as the GST, RERA, demonetisation and the support to affordable housing. Experts point out that property prices were … 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
PropTiger.com, on July 27, 2017, released the findings of ‘Realty Decoded’ report for the April- June quarter of the financial year 2017-18 (Q1, FY18). As per the report, residential sales in the real estate … READ FULL STORY
The headwinds of a slower market, combined with demonetisation and RERA, have had an impact on the number of homes launched in Pune, according to the ‘Pune Residential Realty Report for January-June 2017’ by … READ FULL STORY
The implementation of the Real Estate (Regulation and Development) Act (RERA) and GST, are likely to spur consolidation in the sector, which presents an opportunity for Tata Housing to expand its portfolio, the company’s … READ FULL STORY
Despite the demonetisation exercise and recent layoffs by technology companies, due to automation and changing technology, commercial markets continued to remain resilient, backed by sustained expansion plans of the major occupiers. The gross office … READ FULL STORY
Revenue Secretary Hasmukh Adhia, on July 10, 2017, clarified that if a house property is rent out for shop or office purposes, no Goods and Services Tax (GST) will be levied up to Rs … READ FULL STORY
According to a study conducted by CBRE south Asia, on leasing activity for prime office space across eight cities, 10 million sq ft was occupied in Q2 2017, registering a 28 per cent growth … READ FULL STORY
With the advent of GST and RERA, developers will now have to adopt higher standards of performance, compelling them to invest in project management, say experts. The government enacted the Real Estate (Regulation and … READ FULL STORY
Real estate players are planning to absorb the post-GST additional tax burden of five to six per cent, to prevent a further slump in sales, as the demonetisation hangover continues in the sector. “We … READ FULL STORY
