Real Estate

India’s real estate developers want lower GST on cement– but that is not going to make apartments cheaper

With the 35th edition of GST council meeting beginning on June 21, the government is likely to take key decisions on reducing GST for electric cars, the revenue system of states, and the new return filing system. This will be the first meeting post general election in India. The real estate sector has high hopes […]

Real Estate

How Location Analytics Can Pull Commercial Real Estate out of the Darkness

Decision makers in the $15 trillion commercial real estate industry are forced to make huge decisions based on insufficient data. Surveys are expensive and slow. Other data sources are biased and limited, leaving professionals flying blind on choices worth tens of millions of dollars, or more. Mobile location analytics, a recent entry into the field, […]

Real Estate

What To Expect For Real Estate Sector In Budget. Here’s A List

Union Budget 2019: The real estate sector has faced a slack in the recent past The government is due to present Interim Budget 2019 in Parliament on February 1. For the real estate sector, a slowdown in demand across segments has highlighted many challenges ahead. The real estate sector – which relies highly on borrowings – has […]

Real Estate

Complaint Against Kanpur BJP Lawmaker For Alleged Real Estate Fraud

BJP lawmaker Vinod Katiyar and his wife have been accused of real estate fraud. (Representational) NEW DELHI:  The economic offences wing of the Delhi Police has registered a complaint against BJP’s Kanpur (Dehat) lawmaker Vinod Katiyar and his wife for allegedly duping of real estate customers of crores of rupees, officials said Saturday. Vinod Katiyar […]

Real Estate

Real Estate Players Welcome Tax Benefits, Exemptions Announced In Budget 2019

Real estate players welcomed the tax benefits and exemptions announced in the Interim Budget which are likely to boost the realty demand, more so in the affordable segment. Presenting the Interim Budget, Finance Minister Piyush Goyal proposed a slew of measures to boost the real estate sector which includes extending the exemption period for levy […]

Real Estate

Government Considering GST Relief For Real Estate Sector: Piyush Goyal

Mr Goyal has been asking banks to step up lending to the housing sectors. NEW DELHI:  Finance Minister Piyush Goyal on Thursday said the government is considering giving relief to the real estate sector and the next GST Council meeting could take some steps to address their issues even as he asked the banks to […]