The realty sector, which was languishing since the government’s demonetization drive and the rollout of the goods and services tax (GST) and Real Estate Regulatory Authority (RERA), was dealt yet another blow due to covid-19. While the sector contracted 5.3% in the June quarter compared to 6% growth in the […]
COVID-19 Will Ensure That The Masses Use Public Spaces In A Different And New Way: Bharti Realty CEO
Bharti Realty, the real estate arm of Bharti Enterprises, has developed and is currently managing five million square feet of commercial real estate space across, including Delhi, Gurgaon, Kolkata, Ludhiana, Bangalore and Chennai. Some of its projects include, Bharti Crescent in the Capital and Aerocity in Gurgaon. The company’s whole […]
Plan To Stimulate Housing Demand By Reinstating Interest Subvention Scheme
The COVID-19 crisis has impacted the entire world economy and almost all industries worldwide. The Modi government, however, has played a vital role in keeping the Indian economy afloat amidst the lockdown. The 20-lakh crore economic package will lead the way towards recovery. Further, infusion of Rs 30,000 crore special […]
Maharashtra Reduced Stamp Duty For Deals Till March. The Move Expected To Bolster Realty Demand
The government of Maharashtra has reduced the stamp duty on property registrations to 2% for transactions between September 1 and December 31 from current 5%. The stamp duty will be 3% for agreements to be registered between January 1 and March-end. The move, apart from supporting the state exchequer, is […]