real estate industry

Weekly News Round Up – RealtyMyths

Hi guys, and welcome back to the weekly news roundup, where we talk about the current news in the real estate industry. So let’s begin!  Starting with the RBI policy changes. RBI cut the Key Repo rate by 0.25% to 6.25%. The central bank also changed its monetary policy stance to ‘neutral’ from the e...Read More

Only 9% of Current Unsold Housing Stock Benefits from Tax Relaxation – RealtyMyths

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Just 63,000 ready units currently benefit out of total 6.73 lakh units across top 7 cities Nearly 22,000 ready unsold units completed before 2017 don’t benefit from the new rule 33% of 5.88 lakh unsold under-construction units in the luxury...Read More

Signs of revival show in Indian realty’s future sentiments

RM Correspondent Dr. Samantak Das, Chief Economist and National Director-Research, Knight Frank India, “At a broad level, sentiments of the stakeholders from the supply side have been upbeat, largely courtesy the gradual acceptance of structural reforms like RERA and GST taking shape. While the curre...Read More

NAR-India celebrates the journey of a Realtor on World Realtors’Day

To honour the profession and to celebrate the remarkable journey of a Realtor, NAR-India has announced 21st March as the World Realtor Day. The very first of its kind celebration to honour the Realtor Fraternity is being hosted at the Hotel Shangrila, Bangalore. To embark the journey of professional ...Read More

GST Implications On Real Estate

The implementation of GST can prove to be a significant step in reforming indirect taxation in India. Chances of double taxation would be diminished, as some of the Central and State Government taxes will be amalgamated into one tax. Taxation and real estate industry If we take a look at the real est...Read More

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