In its push to proving Housing for All by 2022, the government must, developers feel, keep affordable housing under five per cent tax slab under the new GST regime. The sector is expecting Finance Minister Arun Jaitley to announce this measure when he presents the Union Budget on February 1.
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#Budget2017: To Push Affordable Housing, Govt Must T
GST: What's In Store For Real Estate SectorThough 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.
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.
HRA Allowances Not In Sync With Rents In Cities, WilIndian self -employed workforce as well as those who do not have an HRA component in the lump sum that they get from their workplaces are looking forward to the Budget 2017.
last update - 12-01-2017