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 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

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

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 2020-21: 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

  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

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

India is a country that houses more than 460 million internet users, making it the second-largest internet market in the world after China. The increase in the number of Internet users has expanded the outreach of digital platforms manifolds. Like every other industry, the phenomenal growth of social media has changed the way the real estate industry functions. Agents have Read More

The real estate industry, particularly the housing segment has expressed its disappointment after the Reserve Bank of India (RBI decided to maintain status quo and did not announce a repo rate cut. The Monetary Policy Committee (MPC) decided to take a pause after five consecutive rate cuts this year. MPC lowered the repo rate by 135 basis points between Feb-Oct, Read More

Nirlon share price hit all-time high in trade today on signing a real estate deal with JP Morgan. The deal entails JP Morgan taking up approximately 1.15 million square feet of office space in Nirlon Knowledge  Park that is expected to be delivered by the second quarter of 2021. Share price of Nirlon Ltd, which is engaged in the business Read More