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real estate developers in india

PropertyMatrix

Further price corrections may not be plausible – Part II

The growth prospects of the country’s economy continues to face strong challenges from weak industrial output, a depreciating currency and a stagnating policy environment, thereby hurting the sentiment of investor within the real estate industry. The residential market across numerous micro markets would be further impacted by the recent ruling of RBI on loans disbursement […]

Tax

Flat owners advised caution over VAT payment to builders

Flat owners in Pune were asked to abstain from hurriedly paying Value Added Tax (VAT) to their builders by citizens’s groups and consumer forums like Grahak Hitvardhini, Grahak Panchayat and Sajag Nagrik Manc. The appeal came following the Supreme Court’s decision which stated that flats sold after 1st July 2006 will be liable for payment […]

Revised Repo rates: The tool to combat inflation

The real estate sector of the nation is in a flux as high interest rates shake fist at to pause the off-shots of the economic revival. The demand in the sector has already taken a dip amid a sudden increase in home loan rates. This has led the key developers across the nation to worry […]

CommonFloor Editorial Team

Bangalore realty developers do not feel the heat of increased Repo rate

Expressing the dash hopes on RBI’s new decision to shoot up the repo rate, realty developers in the country at present, express their discontent due to increased finance cost that will influence the housing absorption in the coming festive season adversely. However, developers in Bangalore have a different take on it. According to property consultants, […]

CommonFloor Editorial Team

Decreasing sales and investors put developers at risk

Owing to sluggishness in the economy, many short-term realty investors have been evading timely payments to developers, since they are observing a reduced number of homebuyers, mainly in the suburbs. Speculator-based market Adding to it is the speculators, who tend to overprice the properties in areas where in the real estate demand is mostly a […]

CommonFloor Editorial Team

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