GST Council - Real Estate Reaction
The new GST-related announcement has given real estate developers the choice to either opt for the old rates and the accompanying input tax credit (ITC) benefits, or else to adhere to the new reduced GST rate of 5% without ITC.
- 19/03/2019
- 2
5 Years of Modi - Is Indian Real Estate's 'House' in Order?
Like it or lump it, but Modi's victory in 2014 ushered a new era in Indian real estate – starkly marked by his vision to set the 'house' in order and alter the scarred face of an unorganised sector beset by unscrupulous activities. He tightened the Centre's grip on real estate – previously the largest dump-yard for black money hoarders – and introduced big-bang schemes to benefit consumers.
- 18/03/2019
- 3
Banks vs HFCs – Which Is the Better Home Loan Option?
After zeroing on a property, buyers need to identify a suitable home loan lender to fulfil their financial needs. Officially, there are two major lenders in the market – banks (including both public and private banks) and the housing finance companies (HFCs). To get the best deal, a buyer must select a lender depending on their prevailing interest rates, eligibility criteria, processing fee and other factors.
- 11/03/2019
- 3
Millennial Women – Riding High on Homeownership
Nearly 60% women home seekers prefer a property within the budget-range of INR 80 lakh; 52% will opt for ready-to-move-in homes Women homebuyers benefit from lower stamp duty charges, low home loan interest rates, and tax deductions Women must now mandatory be either co-owners or sole owners of affordable homes.
- 06/03/2019
- 3
Multi-modal Infrastructure Steers India's Real Estate Growth
Infrastructure & real estate together contribute 29.5% to India's GDP – higher than US (22.6%) and China (17.6%) Budget allocations in infra see massive jump - from USD 791 bn in 2014-15 to USD 2,042 bn in 2019-20 Sector attracted massive FDI worth INR 207 bn in last 5 years backed by growing economy & strong fundamentals
- 01/03/2019
- 5
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