Real Estate (Regulation and Development) Bill

Importance of Regulatory framework and policies in Real Estate
The Real Estate industry is one of the prime drivers of growth of our economy and a key contributor to its GDP growth. Besides, it is second only to the agricultural sector in employment generation. However, despite the tremendous growth in Real estate sector, it is still quite unorganised without proper regulations being implemented to […]

Regulation Bill Provides Scope for Development of Real Estate Sector
The present economic condition in the country has led to interest for an improved real estate sector nationwide. The Finance Bill of 2012 took into account the rising interest for business, private and retail real estate, and had proposed introducing certain changes in the Income Tax Act (ITA). The idea behind proposing these changes was […]