Property purchase is one of the biggest financial decisions of a person. How GST, or goods and services tax, will impact the real estate sector? Will property prices come down? This would be the top of the mind of many prospective buyers. As the country switches to GST from July 1, the new indirect tax regime will subsume nearly a dozen of central and state … Continue reading GST Impact On Real Estate: Will Property Prices Come Down?
The Real Estate (Regulation & Development) Act, 2016, the landmark realty law to protect home buyers from unscrupulous developers, will become operational from Monday, nine years after it was conceived. The act was cleared by Parliament in March last year. Under the act, states had to notify the realty rules and set up Real Estate Regulatory Authority (RERA) by April 30. Without notifying the rules, … Continue reading All you need to know about the RERA Act
The IT/ITeS sector continues to be a dominant growth driver for Bangalore, and some areas stand out from the rest as far as the impact of this sector is concerned. Whitefield in the eastern part of Bangalore is one such area. Whitefield was an early settlement in Bangalore and remained a quaint little suburb till the 2000s, when Bangalore’s IT boom reshaped Whitefield into a … Continue reading Should you invest in Bangalore’s Whitefield?
Home prices rose in nearly half of 26 cities in the three months to September, a report from a state-run bank showed on Thursday, indicating investor confidence in the sector despite weak economic growth. The figure compares with price rises in only four cities in the previous quarter from April to June. Home prices in large Indian cities have continued to set records, unaffected by … Continue reading Home prices rise in 12 cities despite weak growth
Investments in property here continue to yield high returns as always, write B S Manu Rao A major factor that plays on the minds of prospective home buyers is the course of the growth in the economy. A rising GDP graph with the inflation numbers under control will mean more business and career opportunities, more disposable income in hand and consequently the affordability to plan … Continue reading Prospects Remain Upbeat for Reality