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Policy
Model Tenancy Act 2019 – Landmark event or another work in progress?

The reasons for vacancy levels of homes which could feed the rental market across the country are largely region-specific. However, distorted property rights (in the absence of a sound rental policy), weak rental contract implementation and low rental yields are some of the major factors that prompt homeowners to leave their houses vacant rather than rent them out.

Policy NRI Home Buyer, NRIs House Search, NRIs Real Estate Investment, NRIs Property Investment, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property
Checklist for NRIs seeking home loans in India

While there is no cap on the number of properties for which an NRI can take home loans for, repayment capacity must always be factored in. Over-leveraging is never a good idea and regardless of what viewpoint a bank takes, NRIs must do their own repayment capacity calculations.

Others General Elections 2019, Elections & Real Estate, Modi Government & Real Estate, Real Estate in Modi Government, Modi Government Policies for Housing, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Investment in Property
General Elections – The real estate connection

During any impending general elections, real estate stakeholders conjecture exhaustively about the likely impact on the real estate market. Conventionally, the period between the announcement of the election date till the final result day is a period marked by caution and hesitancy in the overall real estate market.

Policy Benami Property
Will Aadhar linking delink benami transactions?

The government seems to be determined to link the property transactions with Aadhar Number with the pretext that the linking of Aadhaar to property will ensure that all parties to the deal are present in their individual capacity. The possibility of using fake identities is virtually ruled out.

Policy Tax, Tax in Real Estate, GST, GST in real estate, Goods and Services Tax, GST liability for homebuyers, Tax liability for homebuyers, GST on ready to move property, Tax burden on homebuyers, GST increasing taxes in property, India real estate news, Indian realty news, Real estate news India, Indian property market news, Track2Realty
GST not tax neutral for homebuyers

It is true that the GST burden is today a huge deterrent in the housing market and a large share of homebuyers are now waiting for the project to be ready as the ready to move apartment won’t attract GST burden. The problem, however, is with millions of buyers who are in the mid cycle of construction and the GST has suddenly added to their already over stretched budget in the housing market.

Policy Track2Realty, Track2Media, India Real Estate, Valuations of Real Estate, Realty News, Property News,
Homebuyers not to gain with PMAY increasing carpet area

With the Government of India approving an increase in the carpet area of houses for the two middle-income group categories, under the Pradhan Mantri Awas Yojana – Urban, the industry stakeholders are getting euphoric as if this is the panacea for the ills that the afflicted the business.

Advocacy GST, Goods & Services Tax, GST in real estate, one GST in real estate, taxation in property market, Tax burden in home purchase, Stamp duty in house purchase, Indian realty news, India real estate news, Real estate news India, Indian property market news, Track2Realty
Can real estate get one GST?

The real estate industry stakeholders are elated with such a prospect since the tax slab being discussed at 5% & 12% is lower than the present taxation. Niranjan Hiranandani, President, NAREDCO said the move would benefit the consumers who will only have to pay one ‘final tax’ on the whole product. This is obviously a good thing to happen, and the real estate industry will welcome the move.

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