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GST, Goods & Services Tax, GST in real estate, one GST in real estate, taxation in property market, Tax burden in home purchase, Stamp duty in house purchase, Indian realty news, India real estate news, Real estate news India, Indian property market news, Track2Realty

November 13, 2017

The real estate industry stakeholders are elated with such a prospect since the tax slab being discussed at 5% & 12% is lower than the present taxation. Niranjan Hiranandani, President, NAREDCO said the move would benefit the consumers who will only have to pay one ‘final tax’ on the whole product. This is obviously a good thing to happen, and the real estate industry will welcome the move.

Others

Rupee, Rupees, Indian currency, Indian money, Cash, Indian real estate news, Indian realty news, India property market, Finance, Track2Realty, Track2Media Research

November 8, 2017

Demonetization dust yet to settle over real estate

No one would like to admit or put on record but privately most of the developers maintain that their major investors have pulled out of market, both for land finance as well as for investment in the under-construction inventory.

Others

Rules Changed, Favour to builders, Government favours builders, Amnesty to builders, Builders control government, Builders change policies, Indian realty news, India real estate news, Real estate news India, Indian property market, Best news site for Indian real estate, Track2Realty, Track2Media Research

October 23, 2017

Amnesty to builders at what cost & for whose benefit

Contrary to the general perception that the eco system is getting tougher for the builders due to home buyers’ activism, vigilante media and judicial intervention, the facts suggest that the developers have been given too long ropes to cross the bridge over the buyers’ interests. As a matter of fact, there are many instances of amnesty to the developers in the last few years.

Advocacy

india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, land acquisition bill, parliament of india, Government of India

October 16, 2017

Policy advocacy contradictory in Indian real estate

During the CREDAI national convention few years back, a miffed real estate seemed to settle scores with the then Union Urban Development Minister Kamal Nath. Displaying stiff opposition to the proposed real estate regulator, the builders’ body went critique to say it is not actually a regulator bill, but builders’ harassment and public amusement bill.

Advocacy

Jaypee Homebuyers Protest, Jaypee homebuyers, Options for Jaypee homebuyers, Legal remedies for Jaypee homebuyers, Homebuyers victim of Jaypee, Delhi NCR property market fraud, India real estate news, Real estate news India, Indian property market, Track2Media Research, Track2Realty

August 21, 2017

ASSOCHAM calls for homebuyers to be treated at par with banks

ASSOCHAM has urged the Government, National Company Law Tribunal (NCLT) and the Insolvency and Bankruptcy Board of India to treat homebuyers in real estate projects at par, if not above banks in the pecking order, by providing a separate carve-out for those stuck in the incomplete construction, and any legal hurdle should be immediately removed, by a Presidential Ordinance, if need be.

Policy

August 6, 2017

Ease of doing business challenging in Mumbai real estate

The ‘ease of doing business’ is even more challenging when it comes to the business of real estate and construction where there is over regulation beyond RERA in terms of the developers running from one department to the other for mandatory NOCs, clearances & approvals.

Policy

June 5, 2017

Green development policies contradictory

Urban habitation at the cost of environmental concerns have globally been debated and contested. In India the environmental concerns have often stalled big-ticket infrastructure projects and the government also vows its commitment to encourage the eco friendly and sustainable developments. However, some recent decisions have exposed the gap between the lip service of the policy makers and their commitment to the cause of eco friendly and sustainable developments.

Advocacy

Home Buyers Crowd, Public Perception, Public Opinion, Home Buyers' Survey, India real estate news, Indian realty market, India property market, Track2Realty

May 25, 2017

Transparency & institutional teeth needed for crowdfunding

Crowdfunding is the financial modelling of funding a project or venture by raising monetary contributions from a large number of people. However, this model needs three parties to take shape as a business model– the developer who proposes his project/idea to the crowd, people who support the idea with financial contribution and a moderating organisation that brings the parties together to take it on ground.

Advocacy

March 3, 2017

Is there no incentive for green buildings?

Green floor space accounts for only 3-5 per cent of all construction in India so far. In developed markets like the UK, where green building began almost two decades ago, around 40 per cent of all buildings would fall in that category. In the US, it would be around 30 per cent.

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