Though investors are going to take some time to assess the situation after the rates have been implemented, experts predict that this move shall lower inflation.
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GST: What's In Store For Real Estate Sector
Indian Realty Market Prepared to Toss Grim SpeculatiA report published by a leading daily in London highlighted a likely and drastic fall in global property prices following a slowdown in the market. The report was based on the findings of the Organisation for Economic Co-operation and Development. It hinted at a probable impact on emerging economies like India. However, Indian government is all set to streamline the realty sector with new policies and regulations such as the GST and RERA. These laws will ensure stability in property prices in the coming months.
This Is What You Should Expect From Real Estate SectPraveen Jain, president, National Real Estate Development Council (NAREDCO) & CMD Tulip , shares the major developments in the real estate sector in 2016 and their ongoing and future impact on the market.
Mumbai-Based Consumer Rights Body Starts Campaign AgMaharashtra’s Real Estate Regulation and Development Act (RERA) draft rules has garnered stiff criticism from a popular consumer rights organisation, Mumbai Grahak Panchayat (MGP) for being pro-developers. The MGP, which is headed by its Chairman, Shirish Deshpande, identified several loopholes in the draft. It further said that the draft rules were a clear violation of the fundamentals of the RERA Act as well as homebuyers’ rights.
Know 5 Policies Announced In 2016 That Shook Real Es2016 has had a very deep impact on the real estate. In the light of the recent events like demonetisation, a list of new policies and regulations has been announced by the government. There have been speculations regarding their pros and cons on the realty sector.
last update - 17-01-2017