Tag Archives: sector

Property Consultant Seeks Industry Status For Realty Sector

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


Realty Sector Pins Hopes On Budget 2018 For Lower GST, Infrastructure Status

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


Expect Pro-Consumer Measures To Continue For Realty Sector

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


Centre will provide all help to Bihar to improve education sector: Upendra Kushwaha

Union Minister and Rashtriya Lok Samata Party (RLSP) chief Upendra Kushwaha said the Centre would provide all help to Bihar government to improve the education sector in the state. “We want to tell the Bihar government that the state has lagged behind for past 37 years in improving education sector. It is difficult to rectify the mistakes of 37 years Read More


Rental reforms redefine the Indian real estate sector

Anuj Puri Several breakthrough reforms with pertinence to the Indian real estate sector saw the light of the day over the last one year. Be it demonetisation – the government’s ‘surgical strike’ against black money – the revolutionary RERA or the unified tax regime of GST – all bore the power of rendering the Indian real estate sector more transparent Read More


Tamil Nadu govt mulling slew of changes in real estate sector

In the post-RERA Era, Tamil Nadu could become one of the first states to overhaul its existing housing policy, as the government plans changes to existing guidelines surrounding land-pooling, low-cost housing and project approvals Doing business in Tamil Nadu’s real estate sector is set to get a lot easier, provided a list of proposals gets the state government nod.   Read More


The mess in Mumbai’s real estate sector

Land is scarce in Mumbai which was originally an island city.(HT FILE) The controversy over the allegations against state housing minister Prakash Mehta has once again highlighted the mess in Mumbai’s multi-billion rupee real estate sector. Mehta is accused of favouring builders in two different redevelopment projects. In one case, he allegedly tried to re-allot land under a transit camp, owned Read More


Challenges faced by the real estate sector can all be overcome through Yoga

As the third International Yoga Day celebrations kicked off in Lucknow today with Prime Minister Narendra Modi asking every citizen to make Yoga a part of their lives, the real estate fraternity, currently trying to come to terms with the new regulatory environment, said all challenges such as GST or RERA can be overcome through Yoga. “CREDAI congratulates all of Read More


Licensing must go, else real estate will be an over regulated sector DLF

Real Estate Regulatory Authority (RERA) act is expected to be implemented in Maharashtra by May 1, 2017. Rajeev Talwar, Group ED, DLF spoke about how much could the organised players in the space stand to benefit by this act. He said the industry has taken up RERA very positively. “Any regulation in any sector is well intentioned. With all due Read More


Is more consolidation likely in telecom sector?

Events such as the merger of Reliance Communications (R-Com) and Aircel, entry of Reliance Industries via the launch of its telecom venture – Reliance Jio (RJio) – with its aggressive tariff structure, upcoming spectrum auction, issues related to call drops and points of interconnect have kept the sector buzzing over the past few months. However, that has not been the Read More