The government should allow commercial real estate developers to set off GST paid on inputs like cement from the tax liability on rental income to avoid double taxation and give a boost to the office market to help India maintain its advantage in various sectors like IT and startups, realty firms and […]
2021 Might Just Be The Time To Get Hold Of Completed Or Underdeveloped Real Estate Projects
The year 2021 is likely to witness acquisition of real estate projects by players with stronger balance sheets and partnerships of such players with equity capital providers. With lower asset prices, it would be a good time to enter as equity investor and/ or acquire assets either completed or under […]
Govt. Might Offer Incentives To States That Reduce Stamp Duty Rates On Property
Over the past few years, the real estate sector has been experiencing a significant slowdown, especially in the residential segment. Just when the sector was beginning to show signs of recovery in the early part of 2020, the COVID-19 pandemic struck that resulted in a slowdown in the sector. Only […]
Affordable Homes Gather Momentum In NCR. Witnesses Spurt In Launches
Affordable housing projects continue to be the dominant segment in the NCR market as 87% of the new launches were concentrated in the less than Rs 45-lakh price bracket during the October to December 2020 quarter, according to Real Insight Q4 2020, a quarterly analysis of India’s eight prime residential […]
More States Contemplating To Slash Duty To Enhance Real Estate Sales: Housing Secretary
Following in the footsteps of Maharashtra and Karnataka, more states are considering reducing stamp duty to boost real estate sales, Housing Secretary Durga Shanker Mishra has said. “Besides Maharashtra and Karnataka that have reduced stamp duties, some more states are seriously considering doing the same,” he told reporters. To boost […]