Good news for homebuyers: Home buying may become less taxing in 2019

This year buying an under-construction flat is slated to become cheaper. The Centre and the State governments are working to lower the Goods and Services Tax (GST) with some riders. “Two options are on the table: The first option is levying 5 per cent without input tax credit (ITC) provided the builder establishes that he …

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PM’s gift to UP: Noida & Greater Noida Biggest Gainers

Prime Minister Narendra Modi inaugurated 81 projects worth Rs 60,000 crore in Lucknow on July 29. Noida and Greater Noida remain the most preferred investment destinations for big projects, especially those related to the information technology and electronics. This includes Reliance Jio Infocomm Ltd’s Rs 10,000-crore project for laying of optical fibre network across UP …

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RERA impact: India climbs up in global ranking

This is another good impact of RERA. Owing to RERA, policies for land title insurance, strengthening of Benami Transactions Act and the sector aligning itself with the GST regime, India’s rankings have improved on the global platform.   India has moved up one place to claim the 35th spot on JLL’s Global Real Estate Transparency …

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Noida is now new hotspot for office spaces

Two cities in Delhi-NCR area have always been compared for their real estate status—be it commercial or residential. As far as office spaces are concerned, Gurgaon has always been seen as having companies that offer better salaries; however, according to a recent survey Noida would have more employment opportunities in the coming 3 years.   …

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