Union Budget

5 things to cheer for in FY19-20 – RealtyMyths

As the new financial year 2019-20 starts, it brings along many good things to cheer for. It is the time from when the announcements made during the Union Budget, get implemented.  Talking about the real estate sector and the factors that may impact the homebuyers, there are majorly 5 things that peo...Read More

Budget 2019 Highlights & Review: Residential Real Estate Sector – RealtyMyths

by Akhilesh K Prasad The residential real estate sector has taken a huge hit in the last two years. Apart from a prevalent slowdown in the market, this was attributed to demonetization and the implementation of Real Estate Regulations and Development Act (RERA) and Goods and Services Tax (GST) which ...Read More

Real Estate Gets Double Dose Of Happiness, Hails RBI’s Repo Rate Cut After Budget Bonanza

In an unexpected move, at least the market experts would agree to it, the Reserve Bank of India today cut the key Repo Rate by 25 bps, bringing it down to 6.25 percent. RBI was doing the 6th bimonthly monetary policy review, and first under its new Governor Shaktikanta Das, who replaced Uriji Patel a...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

The Diminishing Corporate Investment into the Economy – Is it to do with Corporate Governance!

The Narendra Modi led Union Government is just a month away from presenting its fourth Union Budget. Riding on the reformatory waves it laid last year, the government is again expected to unleash more such policy amendments this year as well. However, one of the biggest challenge for the Union Govern...Read More

Affordable Housing: A dream coming true!

By Soumya Prakash Right, the term ‘affordable housing’ is nothing new, but what is new is the activism – the incumbent government’s willingness to make it a reality. It’s amply demonstrated in the last two years – from intents in the form of policy statements/proposals to action on the ground. ...Read More

Real Estate’s Expectations from Union Budget 2017-18

Anuj Puri, Chairman & Country Head, JLL India Clarify beneficiaries under Pradhan Mantri Awas Yojana The government recently announced that interest rates of 3% would be applicable on loans of up to INR 12 lakh and 4% on loans of up to INR 9 lakh, under the Pradhan Mantri Awas Yojana (PMAY). Now ...Read More

Real Estate’s Expectations from Union Budget 2017-18

Anuj Puri, Chairman & Country Head, JLL India Clarify beneficiaries under Pradhan Mantri Awas Yojana The government recently announced that interest rates of 3% would be applicable on loans of up to INR 12 lakh and 4% on loans of up to INR 9 lakh, under the Pradhan Mantri Awas Yojana (PMAY). Now ...Read More

Rate Cut or Status Quo, Raghuram’s Dilemma

Santosh Sinha/RealtyMyths The real estate sector, in particular, is looking at the governor with eyes wide open. The sector is already reeling under tremendous pressure. The sluggish demand coupled with costlier loans has broken developers’ confidence. Investors too, are shying away. Though the recen...Read More

Single-Window Clearance: Still a Distant Dream

Santosh Sinha/RealtyMyths The Union Government cannot implement Single Window Clearance as most of the approvals come under state government’s purview. It, therefore, becomes mandatory to pass the real Estate Regulatory Bill which has provision like RERA which can easily take care of such nuances. Th...Read More

Union Budget and Real Estate: Great Expectations, Greater Confusions

Santosh Sinha/RealtyMyths Generally, there are only two occasionswhen the streets of India get deserted. First when India takes on Pakistan in a Cricket match and other when the Finance Minister of the country presents Union Budget. This year, the occasion is on February 29, 2016, when Honorable Fina...Read More

Disorganised Real Estate Sector should be the primary focus of upcoming Union Budget 2016-17 – Dr. Anil Jindal, SRS Group

Potential home customers and the real estate players are eagerly waiting for big announcements from the Union Budget 2016-17. The growth of the sector has been crippling with the growing gap between demand and supply of the properties. Potential home customers and the real estate players are eagerly ...Read More

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