Real Estate Archives - Page 2 of 22

GST Council to clarify real estate concerns

March 12, 2019

NEW DELHI: The GST Council is likely to meet next week via video-conferencing to approve the rules related to under-construction buildings. It will clarify the grey areas governing the rule, according to a s...

Real Estate Stock Call: ‘Buy’ DLF, Oberoi, Prestige, Brigade shares; office space recovers

Loknath Das

March 11, 2019

Real Estate

Companies that already have an operational portfolio of annuity assets and are investing in capex to add more such assets will have a sizeable recurring revenue stream in another 2-3 years. While India...

Can RERA authority grant an extension to a real estate project?

Loknath Das

March 5, 2019

Real Estate

Real Estate (Regulation and Development) Act, 2016 and the rules framed thereunder has changed the legislative landscape of the real estate sector. Prior to the introduction of RERA, the real estate industry ...

Reduction in GST rate leads to a drop in price? Real estate a test case for broader changes

Loknath Das

March 1, 2019

Real Estate

When the rate of tax comes down, the price of a product or service should also see a corresponding decrease. However, the structure of Goods & Services tax (GST) is such that in some cases, especially whe...

Removal of input tax credit may bring back black money to real estate

Loknath Das

February 26, 2019

Real Estate

The removal of input tax credit (ITC) on housing, ahead of the general elections, will bring back black money in the sector well known for deploying tainted wealth, say analysts. "The government should...

Real estate crisis: Indian lenders sleepwalking to trouble on builder debt

Loknath Das

February 17, 2019

Real Estate

Real estate crisis: Indian lenders sleepwalking to trouble on builder debt Five months. That’s how long it takes Country Garden Holdings Co. to start selling apartments after acquiring land. A spate of...

Real estate sector should form an internal self-regulation mechanism: Venkaiah Naidu

Loknath Das

February 15, 2019

Real Estate

Exhorting the real estate sector to form an internal self-regulation mechanism to improve its image that has been hit due to the wrongdoings of a 'few black sheep', Vice President M Venkaiah Naidu feels there...

People moves: Vicinity CFO O’Brien succeeds Leigh at QIC Real Estate

Loknath Das

February 8, 2019

Real Estate

QIC Global Real Estate – Michael O’Brien has succeeded Steve Leigh as managing director. O’Brien is currently CFO of Vicinity Centres, Australia’s second-largest listed manager of retail property. Before joinin...

Loan default concerns loom large over real estate

Loknath Das

February 6, 2019

Real Estate

Current leverage levels in real estate are not sustainable as developers have to increase sales by 2.5 times to be able to service the debt, which stood at over Rs 4 lakh crore at the end of last year. The am...

Top 5 least affordable cities for real estate

Loknath Das

February 2, 2019

Real Estate

Increased investment in property has caused house prices to hit record highs, pricing many out of the market in the process. With this in mind, World Finance looks at the least affordable cities for real es...