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Policy Tax, Tax in Real Estate, GST, GST in real estate, Goods and Services Tax, GST liability for homebuyers, Tax liability for homebuyers, GST on ready to move property, Tax burden on homebuyers, GST increasing taxes in property, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty

GST not tax neutral for homebuyers

It is true that the GST burden is today a huge deterrent in the housing market and a large share of homebuyers are now waiting for the project to be ready as the ready to move apartment won’t attract GST burden. The problem, however, is with millions of buyers who are in the mid cycle of construction and the GST has suddenly added to their already over stretched budget in the housing market.

Headlines Bangalore Lake, Lake in Bangalore, Property frauds in Bangalore, Lake encroachment in Bangalore, Bangalore lakes encroached, Real estate frauds in Bangalore, Sobha Limited, Prestige Group, Brigade Group, NICE, Bagmane, Oasis Apartment, India real estate news, Indian realty news, Real estate news India, Indian property market news, Investment in Bangalore, Track2Realty

Who has stolen Bangalore lakes?

The report states that 10,785 acres or around 18% of lake area has been encroached in 1,547 lakes in the two districts and also names over 75 companies in a list of offenders. The report blames almost all the prominent developers in the city. This includes developers like Prestige Group, Sobha Limited, Bagmane Group, NICE (Nandi Infrastructure Corridor Enterprises Limited) and Oasis Apartments, among others.

Consumer Connect Homebuyers, Happy Homebuyers, Buyers as brand ambassadors, Happy home owners, NRIs, Family in new house, India real estate news, Indian property market, Best news magazine on real estate

Homebuyers must know budget & needs

With the reasonable expectation of a roof over the head not very long ago, the real estate boom in this part of the world has scaled up the liberty of choice for the average homebuyers. While the aspirations of even the middle and lower middle income with moderate budget have gone up, there are very many residential projects launched in recent times that seem to fill the gap with the promise of hi-tech amenities, luxurious lifestyle, lush green surroundings within the range of Rs. 30-70 lakhs.

Headlines Technology in real estate, Real estate technology, India real estate news, Indian property market, Track2Realty

Technology reducing construction timelines

Technology is a great enabler that is today helping to reduce the construction timelines, cost of construction & optimise land competence. Pre-cast construction methods such as Alu-form and Waffle Crete technology and new construction materials such as Autoclaved Aerated Lightweight Concrete Blocks, fly ash bricks and building blocks made of mud that has been stabilised with cement or lime are alternative technological advancements.

Policy Track2Realty, Track2Media, India Real Estate, Valuations of Real Estate, Realty News, Property News,

Homebuyers not to gain with PMAY increasing carpet area

With the Government of India approving an increase in the carpet area of houses for the two middle-income group categories, under the Pradhan Mantri Awas Yojana – Urban, the industry stakeholders are getting euphoric as if this is the panacea for the ills that the afflicted the business.

Reports NRI, Non Resident Indian, Indian Diaspora, NRI investment in property, Property market for NRIs, India real estate news, Indian property market, Track2Realty, Track2Media, Indian Diaspora investment, NRI property management, NRI property management services, NRI due diligence

Job losing NRIs not to fuel India’s housing

A perception has gained ground that the NRIs (Non Resident Indians) losing jobs in the US and other parts of the world have no choice but to land back home and invest in India’s housing market. The ground reality, however, is that these expat Indians don’t think this is a logical conclusion, finds a global survey by Track2Realty.

Project Rating Sobha Forest View, Sobha Ltd, Sobha best brand, Sobha most admired brand, Sobha property, Sobha new launches, Best project in Bengaluru, New property launches in Bangalore, Bangalore best projects, Investment in Bengaluru Property, Bangalore housing launches, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty

Aesthetic appeal of Sobha Forest View a project differentiator

Forest View as a marketing terminology has been so much over-used and abused that the mere mention of the name turns off most of the discerning homebuyers. Most of the loud claims of Forest View turn out to be the disappointing experience with even patches of bushes over some drains being referred as the Green View or its extreme far end of being referred as the Forest View.

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