Day: June 5, 2020

Real Estate In India After COVID-19: Developers Oppose Price Cut In Spite of Pressure

“Reducing real estate prices is a theoretical proposition as the I-T department will penalise you”, says Niranjan Hiranandani, President, ASSOCHAM & Co-Founder & Managing Director, Hiranandani Group. In a discussion with Tamanna Inamdar on India Development Debate, Hiranandani agreed developers should reduce their prices especially if they have borrowed money. […]