GSt

GST In Real Estate: A Silver Lining!

“It is widely expected that GST in real estate would reduce the construction cost in the hands of the developer and thereby aid in reducing the current level of prices. With GST in real estate, developers would see lesser burden of tax on input items like cement, and steel, as tax credits would...Read More

RBI must look at the real estate sector with new optimism

The Reserve Bank of India today concluded the third bi-monthly monetary policy review for the current financial year.  Contrary to market expectations, RBI Governor Raghuram Rajan, known for going by instinct and offer surprises, preferred to sail smoothly in the last lap of his tenure at RBI. He kep...Read More

DB Realty ‘Ozone’: 7 Years and no Sunshine

“DB Realty launched DB Ozone in Dahisar, Mumbai in the year 2009 with 3300 units on offer, comprising both 1 and 2 BHK flats. The project was supposed to be delivered by the end of the year 2014. Despite paying more than 90% of the amount by the year 2013 itself, buyers are still waiting for th...Read More

GST and Real Estate: The Confusion Continues

“GST in Real Estate sector will bring much change. Though, it is not clear that the final amalgamated rate of tax under GST will be lower than the current rate, all put together. Real Estate sector deals with multiple taxes; it has to pay Excise Duty, Service Tax, and VAT which differ from stat...Read More

Modi’s 2 Years: A Lot Done, Achhe-Din Yet To Come

Santosh Sinha/RealtyMyths It’s been two years since Narendra Modi-led NDA made its way to form the government with a thumping victory in the year 2014 general elections.  With a promise to bring ‘Achchhe Din’, the NDA infused great hopes amongst the Indians here in the country as well as Diasporas li...Read More

Warehousing & Logistics Sector Back On Foreign PE Investment Radar

Deal size biggest in 2015; 2016 could see a higher figure on the back of manufacturing and infra push, passage of GST – Nirav Kothary, National Director – Industrial Services, JLL India The warehousing and logistics sector in India received a whopping investment of Rs 1,438 crore through two ma...Read More

Why The GST Bill Needs To Pass This Budget Season: A Warehousing Sector Perspective

        16 cities expected to emerge as new warehousing hubs after passage of the GST Bill  Given the importance of Goods and Services Tax (GST) Bill for several industries, its passage in this Budget season assumes far greater importance than ever before. It will not only test Modi government’s floo...Read More

Union Budget: What’s there on cards for Real Estate!

Santosh Sinha/RealtyMyths As the Union Government is scheduled to announce budget for FY 2016-17, everyone is hoping for the good for themselves. So is the Real Estate sector which is currently crawling due to various reasons. It, therefore, becomes interesting to see what Honb’le FM Shri Arun Jaitle...Read More

Modest Optimism, Significant Risks – Anuj Puri, Chairman & Country Head, JLL India

The heady, hectic deliberations at WEF 2016 have drawn to a close, and the curtain settled to an overture that was both upbeat and somehow ominous. As I stood at the snow-filled kerbside waiting for my transfer to Zurich in sub-zero cold, I had lots to ponder about. In the play of global expectations...Read More

Action speaks louder than words – Ankit Aggarwal, CMD, Devika Group

Devika Group, after its inception in 1970, has already established a strong existence in the real estate landscape of Delhi NCR. The group has already built a number of high-rise buildings in and around Delhi, both inhabited and profitable creating a landmark in the region. Dwelling marketable buildi...Read More

RealtyWatch – Top Real Estate News Updates of the day

Government decides to postpone passage of Real Estate Bill to next year The real estate Bill, which had cleared all hurdles including parliamentary committee scrutiny and Cabinet approval, won’t be passed in the ongoing winter session of Parliament, delaying one of the government’s key re...Read More

RealtyWatch – Top Real Estate news updates of the day

Let’s call it Happy Ending for all – CREDAI Conclave 2015 The 3 days conclave brings back some smile amongst the developers of the nation. As per the recent scenario, realty sector was not getting suitable returns as expected. One of the prime sectors of the economy was stumbling and losing its tempo...Read More

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