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GST

Budget 2015-16: Realty Stalwarts expect Industry Status

RK Arora, Chairman, Supertech Limited “We expect that the interest rate on housing loans should be lowered down by 2-2.5% to give a boom to the real estate sector. Also, giving this sector an industry status had been a long pending issue which should be thought about and given consideration to. The sector should be […]

nikunj.j

Tax Incentives and Budget Reforms can Boost Real Estate Development

Reforms, rationalisation of taxes and higher rebates for individuals and specific instruments/entities could spark a quicker turnaround in the real estate industry. Through the upcoming Union Budget 2015-16, the Government should address the problems of the realty sector through customers as well as developers. After the downslide due to the 2008 global economic crisis, the […]

nikunj.j

Locality Snapshot Velachery – Chennai : A CommonFloor Report

Holding the status of metropolitan city, Chennai has become the hotspot for real estate investment. Interestingly, the city’s major portion of the realty demand is resorted to the southern suburbs, which can mainly be attributed to the presence of numerous IT and manufacturing industries.In this report, CommonFloor will analyse the real estate trends in Velachery– […]

Locality Snapshot Chromepet – Chennai : A CommonFloor Report

In India, Real Estate is considered as one of the most profitable assets for investment. However, spotting the growth corridors is the hardest step in this investment process. Interestingly, southern suburbs in Chennai have shown a consistent growth in the past decade. Thus, in this report, CommonFloor has tried to analyse the realty market of […]

Budget 2014: Goods and Services Tax (GST)

Budget Proposals regarding GST In his Budget speech, the Finance Minister Arun Jaitley has proposed that GST would be cleared by the end of 2014. It is expected to simplify and streamline the indirect tax regime. For the taxpayers, it would mean less paperwork and lower tax burden. He also stressed that the he aims […]

ranjan.j

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