If the number of launches is any indication, the residential real estate of Delhi-NCR is showing the much-awaited signs of recovery. TEXT: SREYASI MAITY The current growth in the residential market across the country has been credited to the confidencebuilding measures undertaken by the governme... Read more...
Flat owners will have to pay GST at 18 per cent if their monthly contribution to resident welfare association (RWA) exceeds Rs 7,500, the Finance Ministry said on Monday. As per the rules, RWAs are required to collect GST on monthly subscription/contribution charged from its members if such payment ... Read more...
The global trends resonate across many countries and as India remains deeply entwined in the global economic landscape, the ripple effects of key happenings on foreign shores are bound to create a stir especially in the real estate market. Text: Nadine D’Souza The year 2019 started with the US... Read more...
The General Elections are scheduled for May 2019. The lobbying has started, the voices are out. Will the real estate sector benefit from the appeasing politics? Will 2019 be the year for the much awaited real estate reforms? Text: Brij Pahwa Real Estate is one of the many sectors that change the... Read more...
The full effect of RERA and GST was felt by the real estate sector in 2018, making it one of the most transformational years for industry in recent history. Higher transactional costs for consumers have forced a change in tastes and preferences. Consumers are forced to make compromises by choosing t... Read more...
The combined effects of the real estate law, the goods and services tax (GST) and demonetisation hurt India’s real estate sector in such a manner that 2017 became one of the worst years for residential real estate. Sector players hoped for better times in 2018. Although some positive signs were vi... Read more...
Another year comes to an end and brings with it a new beginning. Here are the top 10 happenings of the year that rocked the sector. Text: Sapna Srivastava For the real estate sector year 2018 was a mixed bag. While it threw a few challenges, along the way the year also brought some moments of re... Read more...
Sean Tompkins, Chief Executive, RICS (Royal Institution of Chartered Surveyors) in an interaction with Shubhra Saini spoke about RICS role towards making real estate market better equipped in skill and calibre. I have been coming to India for past eight years and I felt Indian real estate market wa... Read more...
Private equity (PE) investment into real estate increased by 15 per cent to Rs 16,530 crore during January-March period driven by sharp jump in inflows in residential segment, according to property consultant Cushman & Wakefield. PE investment in real estate stood at Rs 14,340 crore in the... Read more...
Housing prices fell by an average 7 percent during January-March in nine major cities over the previous quarter as developers cut property rates to boost their sluggish sales, according to real estate research and analytics firm PropEquity. Unsold housing stock fell by 2 percent to 5,95,074 units... Read more...
