Shutterstock Consumers are habituated to receive information, answers to their questions and access to a range of services immediately, from ordering food to hailing a car ride and even receiving pre-approval on a loan for a home. Need a recommendation on something as routine as where to eat or something as personal as which real estate agent to work with? Read More

Property buyers and sellers in metros, especially in upmarket localities, won’t need to pay additional tax if the difference between the agreement and stamp duty values of the property is less than 5 per cent. The finance minister has proposed this relief in Budget 2018.At present, if the sale price of a property is lower than the circle rate, the difference is added Read More

Anshuman Magazine CBRE Over the past two years, India’s real estate sector has witnessed a slew of policies and reforms being announced and implemented. The primary aim of these was to promote growth and increase transparency to improve the overall economic growth of the country. In the 2017 Union Budget, the sector cheered the announcement of according infrastructure status to affordable Read More

Deepesh Salgia Tectonic changes in the real estate sector have increased the risk level for real estate business and simultaneously reduced its avenues for risk capital.   Increasing prices have now turned volatile, thus increasing business risk   Post RERA, landlords prefer upfront cash over Joint Development, requiring developers to take larger risk   Mandatory registration for home buyers after 10% Read More

  Caroline Wozniacki: New women’s world no.1 1/2 There’s a new Australian Open 2018 women’s champion in Melbourne—Caroline Wozniacki. The Dane overcame a spirited challenge from world no.1 Simona Halep to win her maiden grand slam title. With the win, Caroline Wozniacki regains the world no. 1 ranking from Halep six years after she last held it. Wozniacki, who is Read More

The real estate sector is facing a multi-year slowdown (Representational image) New Delhi: The government should reduce the GST rate on under-construction properties, implement single-window clearance for real estate projects and give industry status to the entire sector, property consultant ANAROCK said in its Budget wishlist to boost demand. It also demanded higher tax incentives for first-time home buyers for Read More

The industry is also expecting reforms in land acquisition. Mumbai: Severely impacted by various reforms like RERA, GST and demonetisation, the realty sector is pinning its hopes on Budget 2018-19 for relief measures like lower taxes and infrastructure status. The year 2017 was an eventful one for the sector with many structural policy reforms, which resulted in a significant decline Read More

Budget 2017 was the first post-demonetisation financial outlay of the government and expectations were running high. Infrastructure status accorded to the affordable housing sector came as the most significant announcement for the consumers and the industry players and gave them reasons to rejoice. This was in tandem with Prime Minister Narendra Modi’s vision of ‘Housing for All by 2022’, which Read More

  As a real estate professional, you are constantly being challenged. You need to make decisions that ultimately affect your buyers and sellers and, of course, your business. These choices can lead you down one of two paths: success or failure. Mistakes are inevitable, as with any venture, but your response to those mistakes can mean the difference between a Read More

Manhattan apartment buildings Manhattan real estate sales and prices took a fall in the fourth quarter, and they’re likely to slide even further this year after the new tax rules take effect. Total sales volume fell 12 percent compared with the fourth quarter of last year — the lowest quarterly level in six years, according to a report from Douglas Read More