brixwell estates

In a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.

Jammu and Kashmir's Udhampur is on the path to attract investors with its newly announced industrial estate. Union Minister Jitendra Singh confirmed the new development during his visit to the district which was part of the central government's outreach programme. About 1,000 acres of land has already been identified. The authorities say that the industrial estate is sure to open up employment avenues for the youth as well as investment opportunities in the region. The announcement is crucial given that the Global Investors Summit may happen in Jammu and Srinagar in April. 

At a time when housing sales continues to fall amid the country’s GDP growth hitting a record low of 4.5 per cent, India’s real estate sector has pinned its hopes on finance minister Nirmala Sitharaman to launch measures that would help boost consumer confidence when she presents the Union Budget on February 1, 2020.

During a review meeting with the Department of Registration and Stamps, the Maharashtra Finance Minister Ajit Pawar has asked the officials to rationalise the Ready Reckoner Rates to increase revenues instead of hiking stamp duty on property deals.

Confusion prevails among property buyers on the goods and services taxes (GST) and its applicability on real estate. In this article, we answer some of the frequently asked questions about this tax regime.