Here’s something to cheer about in the middle of the economic gloom. The state government is set to lower the ready reckoner rates, which have remained unchanged in Maharashtra for the past two fiscals. The move will lead to reduction of stamp duty on property purchase and act as a […]
Four Factors That Might Ignite Buyers Zeal in Real Estate
The real estate sector, which accounts for the majority of the savings of Indian households, has been notorious for malpractices such as project delays, siphoning of investors’ money, changing the layout of the projects without the consent of homebuyers, increasing the prices arbitrarily and so on. However, given the fall in demand and […]
Anuj Puri is Puzzled by pointed Negligence of Real Estate in The Budget
The Budget’s almost pointed negligence of the real-estate sector was most puzzling, especially since the previous Budget had envisaged an ambitious blueprint for the country’s economic future, said Anuj Puri, Chairman of Anarock Group. “For realising the vision of making India a $5-trillion economy by FY24-25, the development and growth […]
Real Estate Will Gain Big Time With Finance Minister’s Budget
The nation’s real estate sector had high expectations from the Union Budget 2020. However, as always, only a few demands of the sector received the attention of the finance minister. With the government’s focus on ‘Affordable Housing’, the budget extended the additional deduction of up to Rs 1.5 lakh for […]