Category Archives: Real Estate

Budget 2020 Expectations: Real estate expects lucrative measures from FM to boost its growth prospects

Budget 2020 Expectations for Real Estate: Income tax relief from the chargeability of notional rent on fresh/new purchase of under-constructed properties, even if the property remains unrented, is another measure that once implemented, will have a positive impact on the sector. Budget 2020 Expectations for Real Estate: With the Budget 2020 just a few days away, the real estate sector is Read More

Budget 2020: What the real estate sector wants

  The real estate sector is looking to the India Union Budget 2020 with great expectations in a bid to get some relief from liquidity woes. Homebuyers, meanwhile, are also hoping for announcements that would ease their hardship. In 2017, real estate contributed to 6 to 7 percent to India’s Gross Domestic Product (GDP). The sector is expected to contribute to around Read More

3 Crazy Ways Real Estate Could Change in the Next Decade

  Real Estate is an industry that in many ways hasn’t changed too much over the past several decades. Sure, it’s much easier to research homes online, but the general fee structure and other characteristics of the industry are ripe for disruption. With that in mind, although nobody can see the future, it’s fun to think about where the real Read More

Anti-Profiteering Whip To The Real Estate Sector

Anti-profiteering provisions enacted at the time of transition into Goods and Services Tax (‘GST’) regime have been a bone of contention between the businesses and the Governments across various jurisdictions, India being no exception. As per the relevant statutory provisions in India, the scope of anti-profiteering provisions mainly cover passing of benefit received on account of reduction of the tax Read More

Budget 2020: This would fuel the real estate growth story in 2020

Budget 2020 India: HFCs are an important player in the financial system because of their role in providing access to Housing finance to various sections of the society. We look forward to the upcoming budget to help create more avenues for accelerated growth and sustainability of Housing Finance Industry. We hope the upcoming budget helps us in the following way: Read More

Stock market update: Realty shares up; Indiabulls Real Estate climbs 5%

NEW DELHI: Realty shares were trading in the positive zone in Monday’s morning session. Shares of Indiabulls Real Estate (up 4.95 per cent), SOBHA (up 2.93 per cent), Brigade EnterprisesNSE 2.15 % (up 2.38 per cent), Prestige Estates Projects (up 1.42 per cent), Oberoi Realty (up 0.8 per cent), DLF (up 0.8 per cent), Mahindra Lifespace Developers (up 0.66 per cent) and Sunteck Realty Read More

Real estate developer launches property exchange app

AHMEDABAD: Gujarat-based real estate developer 7 Oak has launched “Bada Property Exchange Application” to ease the process of discovering and exchanging properties. The platform would enable customers from Indian cities and towns identify individual properties that need to be exchanged across locations. “A customer from Gujarat may for insance, put her flat in Ahmedabad for exchange against a property – shop, flat or plot of land Read More

Budget 2020: Will real estate sector get some respite; here are some recommendations

Budget 2020-21: CREDAI has recommended some measures that association believes will further encourage private sector investment in affordable housing. Union Budget 2020 India: Indian real estate sector, contributing about 8 per cent of the country’s GDP, has its eyes fixed on the upcoming budget as it seeks measures (which will help boost GDP as well) for the sector’s revival. While Read More

Govt measures may put real estate back on track in 2020

  Property developers are quite bullish on the growth prospects of real estate and are hopeful that the sector will most likely do well in the coming year. The year 2019 proved to be a mixed bag for the nation’s real estate sector. While commercial real estate flourished, that was not the case with residential real estate, although the Modi Read More

The real state of real estate in India

Real estate has different facets: residential, office, retail, land etc. with each facet being impacted by megatrends emerging in the economy. Amidst the talk of people losing jobs, auto sales going down, factories getting shut and a looming slowdown, there is much to despair. However, the fact remains India is still growing at a rate of 5%, which is though Read More