While investing in real estate is always trending in these times, thanks to the Indian real estate boom in the last few years, many are not aware of the basics of investing in the sector. In this article, we are going to answer a few common questions that are hardly answered right. First up is […]
RBI has said in its monetary policy that is reducing the risk weightage on certain categories after analysing the importance of the housing sector and the sector’s forward and backward linkages with the economy. This is a countercyclical measure that also includes reducing the standard asset provisioning on such loans. This will encourage a number […]
When it comes to Real Estate (Regulation and Development) Act, 2016 (RERA), homebuyers want immediate notification of its rules covering all ongoing, abandoned and under-construction projects. They also want the Act implemented in letter and spirit, not diluting any buyer-friendly section. Finally, they also want the immediate setting up of adjudicating officers, appellate tribunal and […]
The rapid growth of Whitefield in Bengaluru has gradually increased property prices in the area. Some of the main reasons why this area has gained prime importance are because of it being an IT Hub. It’s one of the fastest growing IT destinations in India. It has a plethora of IT Parks and IT companies. […]
Bengaluru traffic cops are going crazy over the average vehicular speed within the city as it has hit an all-time low of four kilometres per hour. They are now planning to have dedicated bus lanes but no one knows whether it will help at all or not. After having dedicated auto lanes, now it’s time […]
The Indian real estate and housing sector may have been unorganised and unregulated for years but reforms are slowly making it mature, professional and regulated. A number of reforms and initiatives such as liberalised FDI rules, the Real Estate Regulation Act (RERA), Real Estate Investment Trusts (REITs), Smart Cities, Housing for All, AMRUT (Atal Mission […]
Homebuyers are unlikely to be burdened by the introduction of GST with additional cost and tax outgo. The real estate sector will be partially brought under the GST ambit via works contracts levied at 12 percent tax. This will keep the impact of the introduction neutral on homebuyers. The key indirect taxes currently levied on […]
The rapid growth of Whitefield in Bengaluru has gradually increased property prices in the area. Some of the main reasons why this area has gained prime importance are because of it being an IT Hub. It’s one of the fastest growing IT destinations in India. It has a plethora of IT Parks and IT companies. […]
India’s largest bank, State Bank of India, has made selling home loans its primary objective to remain the top mortgage company. This is a terrific boost to its marketing strategies as SBI has decided to offer a concession of up to 35 basis points on loans for construction to builders for the affordable housing segment. […]
Ever wondered how GST will help the real estate sector? Well, developers believe that the real estate sector will benefit from the GST because it will overcome the present regime of twofold and triple tax collection. GST will become active across the country from July 1. Experts believe that this will bring a great level […]
