G’GRAM BENCH FOR REAL ESTATE REGULATOR COMES INTO BEING

G’GRAM BENCH FOR REAL ESTATE REGULATOR COMES INTO BEING

The Haryana Real Estate Regulation Authority (HRERA) Act, 2016 constituted separately for Gurugram, became effective from Tuesday. The RERA Central Act was implemented across the country from May 1, 2017 to protect home-buyers and to boost the real estate industry....
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Budget disappointment: Real estate sector says it needs three fixes

Budget disappointment: Real estate sector says it needs three fixes

Budget 2018 brought little cheer for the real estate sector, struggling with a credibility crisis, the impact of demonetisation, regulatory reforms, and low interest, overall. There was little in the Budget that could stimulate demand. Anuj Puri, Chairman of...
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Real estate, natural gas may soon be brought under GST, says Arun Jaitley

Real estate, natural gas may soon be brought under GST, says Arun Jaitley

Finance minister Arun Jaitley. Any such decision will need to be cleared by the GST Council which includes finance ministers of all states and the central government. Photo: PTI New Delhi: Finance minister Arun Jaitley on Monday hinted at the possibility...
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Housing Sales Down 6% In NCR, Supply Falls 56%: Knight Frank

Housing Sales Down 6% In NCR, Supply Falls 56%: Knight Frank

The RERA came into force from May 2017, while the GST was launched in July New Delhi: Housing sales fell 6 per cent in Delhi-NCR last year, lowest since 2010, at 37,653 units while prices fell by 2 per cent due...
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Mumbai Home Prices Post First Drop in Decade

Mumbai Home Prices Post First Drop in Decade

PM Modi is spearheading a campaign to wipe out the shadow economy and boost tax compliance India’s financial capital Mumbai witnessed a decline in residential property prices for the first time in a decade last year following a crackdown on...
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Slow Demand Hits Realty, Sales Drop 17% in 9 Cities in 2017: Report

Slow Demand Hits Realty, Sales Drop 17% in 9 Cities in 2017: Report

Knight Frank India reported 7% decline in housing sales and 41% fall in home launches in 2017. New Delhi: Housing sales dropped 17 per cent during 2017 in nine major cities of the country because of demand slowdown and impact...
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