Insights

Real estate industry is the second greatest employment generator in India. In the earlier tax regime, when property under construction was purchased; the buyer was subjected to payment of Value Added Tax (‘VAT’), service tax, stamp duty, and registration charges. Property purchased after completion was exempt from VAT and service tax, and only stamp duty...

In residential property side the Ready to move in properties was the flavour of the year in 2019. Warehousing, Co-working spaces, Co-living, Student housing were the new found developer interests throughout the year 2019. Residential Sales volume absorption was not very encouraging, it was below 5%. Affordable housing was the winner since it found support...

1.Today morning I read in the newspaper that developers are doing a “BARTER”with construction companies. In lieu of cash the developer is signing of inventory to the construction companies. I AM TRULY WORRIED 2. On July 19, 2019 the National Housing Bank in its circular has advised all banks not to fund developer on SUBVENTION payment...

Before the Budget the Finance Ministry personnel do rounds of meeting with various Industry heads to understand their needs for fueling growth both in terms of policy and in term of taxation and compliance Real Estate Industry is a very important contributor to our GDP both by virtue of Employment Generation and Driving Consumption Since...

I join the whole nation in congratulating Shri Narendra Modi Ji on emerging as the undisputed leader of our country INDIA : Salute to you Sir on such a massive mandate THE COUNTRY IS IN SAFE HANDS In June 2014 I along with my daughter travelled to Ahmedabad to understand what inspired people of India...

To find out the correct price of the property it is very important to understand attribute that determine the price of YOUR HOME. ATTRIBUTES THAT DETERMINE THE PRICE OF THE PROPERTY: 1. CONSIDER LAND COST – BASED ON LOCATION: Land Cost contributes approximately 1/3rd towards the total cost. Location of the land plays an important...

TOP 5 THINGS TO CONSIDER BEFORE BUYING A “ HOME “ PART (1) Home buying decision is one of the important decisions of life and for most it is a MILESTONE achievement. Home purchase is a capital-intensive investment and hence it is all the more important that we take a thoughtful decision rather than just...

REAL ESTATE (Regulation & Development Act) , 2016 Govt has empowered the Real Estate Buyer (Residential or Commercial) with a very strong Regulatory Act namely “ RERA “ RERA has brought in confidence not only with real estate consumer but also within other stake holder community like Banks , Financial Institutions , Foreign Investors …...