The Model Tenancy Act is in advance stages with the template having been shared with the state governments and is likely to be cleared by March, housing and urban affairs secretary Durga Shanker Mishra has said. “It is in advance stages and we have sent the template to the state […]
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 […]
Homebuyers Expectations From Finance Minister This Budget
The year 2020 saw the worst pandemic known to mankind. People across the world experienced mental and financial stress, more so those from the middle and lower income categories. Homebuyers confronted a breakdown of financial plans due to job losses and business failures, and the resultant loss in earnings. Naturally, […]
2021 Will See The Coming Up Of Conscious Commercial Real Estate Space
An unprecedented health crisis such as the COVID-19 has disrupted businesses the world over. The commercial real estate segment in India has been no exception. The segment that had witnessed continual growth with net absorption touching 46.5 million sq ft in 2019, came to a grinding halt with the pandemic […]
Real Estate Sector Expects Budget 2021 to Levy Low GST For Critical Construction Material For Affordable Housing
Like every year, the industry looks forward to the Union Budget with the hope to receive due attention of the finance ministry to the problems being faced by the industry and proposed solution in the budget. However, much has changed since the Coronavirus pandemic hit the world in early 2020. The adverse […]