What do you write about a year that’s been anything but ordinary? How do you begin to describe its impact on just one sector when the pandemic has equally impacted everyone? Still, this is an attempt, to sum up how real estate fared in 2020 compared to 2019, and to […]
RERA Has Revived The Homebuyers Interest In The Real Estate Sector
Consumer protection is an article of faith for the Narendra Modi government. Consumers are the fulcrum of any industry, the protection of whose interests is central to its growth and development. Within one-and-half-years of assuming office, the Modi government enacted the Real Estate (Regulation and Development) Act (RERA), which had […]
Commercial Real Estate Will Continue To Enjoy A Good Run
Commercial real estate has emerged as a resilient segment in the past few years. According to a Colliers International report, the sector has witnessed an increase in leasing activity from 41.6 million square feet to 58.6 million square feet at a compound annual growth rate (CAGR) of 12% over the […]
Job Loss, Enhanced Housing Demand & Exclusive K- Shaped Recovery
Most readers were convinced with my previous blog Why Indian real estate will bottom out in 2021 ? but were not clear how could the housing demand increase despite so many job losses and salary cuts. The answer lies in the uniqueness of K-shaped recovery which is likely to dominate the post-pandemic […]
Real Estate Sector Looks For Input Tax Credit On Development Of Leased Commercial Properties In Budget 2021
The government should allow commercial real estate developers to set off GST paid on inputs like cement from the tax liability on rental income to avoid double taxation and give a boost to the office market to help India maintain its advantage in various sectors like IT and startups, realty firms and […]