By Abhay Harish Shah, Realty Quarter For the third time this year, the real estate sector has welcomed RBI’s decision to lower interest rates by 25 basis points. It is expected to lead to a decrease in home loan EMIs and increase affordability for homebuyers. The main challenge, however, is for RBI to ensure that the […]
The RBI rate reduction will enhance the affordability of home purchasers – Latest Updatemore
By Abhay Harish Shah, Realty Quarter The housing market has shown a 13% rise in sales in 7 major cities during January-March 2019. This leads to confidence among real estate and a sign of recovery for the real estate market. In seven towns, namely Delhi-NCR, Mumbai, Chennai, Kolkata, Bengaluru, Hyderabad and Pune, the year-round housing […]
Housing sales have shown a rise in seven major cities – First Quarter Report.more
By Abhay Harish Shah, Realty Quarter As the New Goods and Service Tax (GST) slashed from 12% to 5% for an under construction building, the Realty market has gone crazy to look out for their margin. According to the latest report, a new tax rule may offer relief to the property developer on the liability […]
GST relief on development rights might be granted to Realtors.more
By Abhay Harish Shah , Realty Quarter The Real Estate Development arm of Piramal Group (Piramal Realty), is aiming to take over its under-construction projects and double its portfolio. Piramal Realty is planning to construct nearly 30 million sq ft within the coming two years. Anand Piramal who is the executive director of the group […]
Piramal Realty is planning to Raise Funds and Double its portfolio.more By Abhay Harish Shah , Realty Quarter The news which reflected about new Goods and Service Tax (GST) would be reduced from 12% to 5% by April 1st has been updated by GST council. According to the latest news, the GST council has given an option to all Real estate companies to communicate to their […]
Old GST rates can be requested until May 10 – GST COUNCILmore
By Realty Quarter Bureau Buying a House has become a nightmare especially for neo-middle & middle-class people. But, it looks like things are going to be changed. As per the latest news, The Goods and Service Tax (GST) are going to be slashed from 12% to 5% on under construction houses. The new rate will […]
GST dropped from 12% to 5% on Under-Construction Housesmore
07th September 2018 Venue: MAYOR HALL, 3037 – CD Barfiwala Road, Juhu lane- Yadav Nagar, Andheri – West, Mumbai – 400058 Timing: 4:30 to 7:30pm followed by “High Tea” ABOUT REALTY QUARTER: Realty Quarter is a premier quarterly magazine with a prime focus to explore the Real Estate Sector, Construction Material Industry, Advertising and […]
2nd Biggest Conference on RERA and GST, 07th Sep 2018, Mayor Hall, Mumbaimore
By Anuj Puri, Chairman – ANAROCK Property Consultants The landmark reform of Goods & Services Tax (GST) was, in many ways, the final bullet shot to the Indian real estate sector in July 2017. The industry was already reeling under the immediate impact of DeMo and RERA. GST was touted to be a gamechanger for […]
GST enters Year 2 – Real Estate Still Flummoxedmore
Q. What is GST? A. GST stands for Goods and Services Tax. GST will be a single destination based consumption tax that will replace existing taxes, including CENVAT, Octroi, Sales Tax, and Excise Duty, etc. Unlike the old tax structure, where the state of origin received tax revenue, in the new GST model the state […]
Frequently Asked Questions on Goods and Services Tax (GST)more