News, Expert Advice & Latest on Indian Real Estate

Present stature of residential real estate in Indi...

The real estate industry in India, for the last few months, has gone through a period or correction. The growth of the sector had slowed down to a significant extent, but it is recovering at a fast pace. The slowdown has been evident in the accumulation of inventory in the key cities. However, the moment of truth is not far from now, and the rough patch seems to be over. Along with the external...

What tax benefits will people having 2 homes enjoy...

The interim Budget announced in 2019 proposed that people having two homes will enjoy certain tax benefits. The second home will be considered to be self-occupied, and therefore, the homeowners need not pay any notional rent on it. This provision is likely to be applicable from the financial year 2019-2020 after the Bill is passed by the Parliament.  As per the present norms, if ...

Corporate firms increasingly purchasing co-working...

Corporate firms are increasingly opting for co-working spaces, which is a positive sign in the real estate industry. These flexible workspaces enable business firms to optimize the available space. The builders in India, particularly in the commercial real estate segment, have been focussing on co-working spaces in recent times. Co-working spaces are expanding their footprint i...

Trends that will dominate the real estate industry...

2019 is here, and the real estate industry looks in a better health, as compared to the last couple of years. Here, you will come to know about some of the trends that are making themselves evident in the industry. Increased accountability and transparency in the industry during the last few months have motivated a lot of investors to buy ...

5% GST applicable for under-construction propertie...

The GST rate for under-construction properties has been reduced to 5%, which is likely to be a major boost to the ailing real estate sector in India. The Finance Minister stated that this move will make housing more affordable to the aspirational class, neo-middle class and middle class. The GST Council has reduced the tax rates significantly and this is applicable to the affordable as well as ...

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