The residential market saw some upward movement in sales velocity in 2018 but the year stopped short of a significant recovery. Total sales of residential units were estimated to be 242,328, registering a six … READ FULL STORY
The Indian real estate sector has witnessed a sea change, over the last couple of years. However, in spite of the advancements in construction, the use of high-end technology, the advent of smart homes … READ FULL STORY
Real estate is often considered as one of the best assets globally, vis-à-vis return on investments. In India, recent policy reforms like the Real Estate (Regulation and Development) Act 2016 (RERA), real estate investment … READ FULL STORY
The applicability of the Goods and Services Tax (GST) in the Indian taxation system, was a move aimed towards ‘one nation, one tax’. After land abetment, the applicable GST for under-construction properties was 12 … READ FULL STORY
The Hiranandani Group has announced the establishment of a new vertical ‘GreenBase’, which will provide best-in-class Logistics and industrial parks, with a pan-India footprint. India’s burgeoning logistics sector is estimated to require 839 million … READ FULL STORY
Update on February 24, 2019: GST Council cuts tax on under construction residential houses to 5 per cent, from 12 per cent currently. GST rate on affordable housing slashed to 1 per cent from 8 … READ FULL STORY
Various private equity (PE) players such as Xander, Blackstone and Brookfield, are sharpening their focus on the Indian real estate industry, especially the commercial segment, with several large transactions recorded in the country so … READ FULL STORY
Q: Several market reports are stating that sales are finally moving in the upward direction in Mumbai after several quarters of slow sales and launches. What do you think has caused this market turnaround? … READ FULL STORY
The significant fall in the value of the Indian rupee in the last six months, may be a cause for considerable concern, especially for the realty sector in India. A weak rupee against the … READ FULL STORY
Sales of housing units in the top nine property markets in India increased by 24 per cent during the July-September 2018 period (Q2 FY2019), while new launches declined by 35 per cent, according to … READ FULL STORY
Greater Noida West not only enjoys the advantage of being strategically located but also has affordable property prices. In an exclusive interview with Housing.com News, Nitish Jain, director of Arihant Group, maintains that Noida … READ FULL STORY
Jitu Virwani, CMD of the Embassy Group, is a firm believer that the top developers are conscious of the advantages of adopting professional practices. In an exclusive interview with Housing News, Virwani points out … READ FULL STORY
The Goods and Services Tax (GST) introduced in India in 2017, marked a new chapter in the tax system in the country, making India a single market from the point of view of levy … READ FULL STORY
