Goods and Service Tax (GST)

How to get tax benefits on multiple homes? – RealtyMyths

by Anushree Ghosh Claim tax benefits on multiple properties An introduction to the fact that you can apply for loans on more than one property, tax benefit on monthly interest, benefits of first time purchase, tax deduction on the principal amount, the proposition for multiple home loans in interim b...Read More

New GST Rate for a Better Tomorrow in Real Estate – RealtyMyths

Mr Rishi Jain, Managing Director, Jain Group One of the most important things that a person can aspire for is – having their own home. Home, just after food and clothing are the most basic and yet the most aspiring element of someone’s life as most people buy homes only once in their lives. Normally,...Read More

FY20 Real Estate Outlook: Liquidity is Key for Survival and Growth – RealtyMyths

India Ratings and Research (Ind-Ra) has maintained an overall negative outlook on the real estate sector for FY20. Ind-Ra has a stable outlook for players in Tier-I residential real estate, commercial office and retail property development and operations and a negative outlook for the rest. Sector Co...Read More

5% GST without ITC: Impact on Buyers, Builders and Exchequer – RealtyMyths

 Anuj Puri, Chairman – ANAROCK Property Consultants The keenly-awaited meeting of the Goods and Services Tax (GST) Council, which was supposed to deliver a final decision on the differential tax rates on real estate yesterday, hopes to reach a consensus on the 24th. This is a critical matter an...Read More

Hyderabad: The Bright Spot in Indian Real Estate

Anuj Puri, Chairman – ANAROCK Property Consultants Hyderabad’s residential demand has witnessed a significant increase due to rising employment opportunities and positive market outlook, which were just marginally affected by policy changes including DeMo, RERA and GST. ANAROCK Property Consultants’ ...Read More

One Year of GST – Good, Bad or Ugly for Real Estate?

Anuj Puri, Chairman – ANAROCK Property Consultants The Goods and Services Tax (GST), a revolutionary tax reform rolled out in July 2017, has effectively replaced the previous Gordian Knot of multiple taxes like VAT, central excise duty, commercial tax, service tax, octroi, etc. It has made India a &#...Read More

The role of politics in socio-economic development: Relationship between politics and real estate

by Akhilesh Kumar Paul Keating once said, “Good economics is good politics.” I have reason to believe that the vice-versa is also true. Politics and socio-economic progress are almost inseparable. Government intention, policy initiative and implementation apart, the stability of regime and continuati...Read More

How will GST impact the Indian real estate sector?

The Goods and Services Tax (GST) is beyond doubt the most revolutionary tax-related reform to be seen in India in several decades since it will eliminate the conflicting and cascading taxation structures which have confounded several industries over the past few decades. It will most certainly have a...Read More

Retail, Warehousing saw increased private equity interest in 2016

Apart from the favourite asset classes of office and residential, private equity (PE) has been taking increased interest in warehousing, logistics and retail real estate. PE investors and overseas developers are already looking at opportunities to enter India’s industrial and warehousing sector by in...Read More

Why GST makes sense for Real Estate

“Goods and Services Tax” would be a comprehensive indirect tax on manufacture, sale and consumption of goods and services throughout India, to replace taxes levied by the Central and State governments. GST would be levied and collected at each stage of sale or purchase of goods or service...Read More

GST to present realty with reality

The Indian real estate sector is expected to grow and touch $200 billion by 2020. For over last one decade, housing sector itself has had a 5-6 % consistent contribution towards Indian GDP along with being one of the primary contributors towards employment generation. This sector can be broadly class...Read More

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