Real estate: GST, RERA compliance issues continue

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Analysts believe that if credit growth to the real estate sector has slackened due to RERA, GST has increased the final tax outflow. explore.. real estate: gst, RERA compliance issues continue.

The year 2017 as we all know has set a new benchmark for the Indian real estate sector. The implementation of demonetisation. By April 2017, when the markets were looking to stabilise, RERA and GST.

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Reliance AIF had invested in NCDs of five real. estate market in the country," the company said in a letter to investors, a copy of which was reviewed by . It went on to mention the demonetisation,

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The new GST-related announcement has given real estate developers the choice to either opt for the old rates and the accompanying input tax credit (ITC) benefits, or else to adhere to the new reduced GST rate of 5% without ITC. While not exactly ground-breaking, it is indeed an intelligent move by the incumbent government.

“GST. that all real estate transactions need to be made digital, a healthy practice that will make it possible for banks to disburse housing loans. “We are also working on a policy of incentives.

 · Holistically, GST is appearing to be a benefactor for the real estate regime, various reports have mentioned that it will provide a boost to the real estate sector, and combined with RERA make the sector transparent and beneficial both for the buyers and developers.

Real estate and GST – 8 critical issues you must know about recent proposed amendments. he can also continue paying GST under the current regime i.e. @ 12% on non-affordable housing projects and 8% on affordable housing projects (after considering 33% of the value as a deduction towards the.

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After a slump in the real estat sector in 2017, it is going to be a bumper year for the market in 2018. 2016-2017 saw a few policy changes which include demonetization, GST, implementation of RERA and REITs. These are the trends that have been observed in the Indian real estate.

Online property listing portals have changed the way buyers perceive real estate brokers, agents and consultants. In the current scenario, broker or an agent is generally perceived as someone who is merely introducing both the parties to earn a brokerage. With this perspective in mind, the question of whether brokers are still relevant pops up.