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Impact of GST on New Property Purchase

by Pooja Bhatia, The on-ground impact of GST on real estate is still to be gauged since no tax on property purchase has been finalised yet. However, there are high hopes that bringing real estate under GST ambit will reduce the tax confusion with consumers paying a single tax i.e. GST on property pur...Read More

GST enters Year 2 – Real Estate Still Flummoxed

Anuj Puri, Chairman – ANAROCK Property Consultants The landmark reform of Goods & Services Tax (GST) was, in many ways, the final bullet shot to the Indian real estate sector in July 2017. The industry was already reeling under the immediate impact of DeMo and RERA. GST was touted to be a g...Read More

One Year of GST – Impact on Real Estate

Anuj Puri, Chairman – ANAROCK Property Consultants The Goods and Services Tax (GST), a revolutionary tax reform rolled out on the 1st of 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...Read More

Indian Real Estate’s IPO Revival

Shobhit Agarwal, MD & CEO – ANAROCK Capital A decade ago (in 2007-08), prior to the global financial crisis hitting D-street, the Indian initial public offerings (IPO) market gave a stellar show with overall ₹41,300 crore funds raised, making India the 5th largest market in volume and 7th l...Read More

Top 5 Common Myths of GST in Real Estate Debunked

By Ramesh Nair,CEO  & Country Head,JLL India The Goods and Services Tax (GST)—India’s biggest tax reform post-independence—was implemented on 1 July 2017. This new tax regime seeks to transform the Indian economy with its ‘One Nation, One Market, One Tax’ principle by subsuming a host of indirect...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

Delhi-NCR – The growth story continues

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Despite being hit by the overall slowdown in the real estate market and seeing price corrections up to 10% in most areas, Delhi-NCR continues to be attractive to end-users and investors. Being the national capital, Delhi attracts migrants f...Read More

Indian Real Estate- Is it the right time to Invest?

Pooja Bhatia Post-2016, after the demonetisation announcement, the real estate sector in India took an unprecedented turn. Affected by the slow pace of economic growth in India, the investment in property business also took a course of vigilance. To add to it, there was much news surrounding the impl...Read More

Election results play a big role in real estate consumer sentiment: Anuj Puri, ANAROCK Property

If you want to know what Indian Real Estate is and how it works, you just need to have a coffee with a person who has ‘Been There, Done That’. Yes, by spending almost three decades in the sector, Anuj Puri knows it all. He recently commenced his own venture, ANAROCK Property, disassociati...Read More

Real estate sector to make comeback

RM Correspondent A cheerful moment could be there for real estate sector after a hope of more organized players will take the lead in the growth that leads more transparency and ease of doing business due to RERA and GST. Accepting the facts, one of the developers, Harinder Dhillon, Vice President Sa...Read More

Why pune can’t afford hiked ready reckoner rates

Anuj Puri, Chairman – ANAROCK Property Consultants Ready Reckoner (RR) rates indicate the value of land or residential and commercial properties of an area determined by the state government and are published annually. RR rates vary as per the area under consideration and the available infrastr...Read More

Housing sales herald a Tepid Gudi Padwa 2018 for Real Estate

Anuj Puri, Chairman – ANAROCK Property Consultants Traditionally, the Gudi Padwa festival season is an auspicious time to invest in real estate. Considered a time of renewal, it coincides with Punjab’s Baisakhi, Tamil Nadu’s Puthandu, Andhra Pradesh’s Yugadiand Kerala’s Vishu. Since a large cross-sec...Read More

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