Increase in Service Tax

After the announcement of the Budget 2015-2016, the real estate sector was quite vocal about not receiving any tangible benefits. The entire budget did not have much related to real estate. However, some positive signs were ‘housing for all by 2022’ and some policy announcements regarding REITs. However, the Government affirmed its commitment towards affordable […]

Real estate is one of the fastest growing sectors in India with an average growth of 14% annually. According to the market report the housing sector is growing at an average of 34% annually and the hospitality industry has witnessed a growth of 10-15% last year. With this tremendous growth, Real estate had a lot […]