We foresee a friendly budget this time: Himanshu Kanakia, MD, Kanakia Spaces

Accommodation Times News Service The Real Estate industry has witnessed several positive movements in 2016. Real Estate sector contributes close to 12 – 15% of the GDP and is connected to many ancillary industries. The budget is a precursor for the year and a platform to announce policies. However, apart from the budget, the

Industry Speak: Budget Expectation for 2017

Mr Chintan Sheth, Director, Sheth Corp Accommodation Times News Service With a series of activities happening in the real estate industry, the budget 2017 will be a crucial affair for the realty market. There are huge expectations from the Government which is already making the right moves creating the perfect atmosphere for the industry. Firstly,

A Review of The PCMC Property Market in 2016

Anil Pharande, Chairman, Pharande Spaces Accommodation Times News Service As the new year dawns, India's real estate market has begun navigating the potentially choppy seas of 2017 with a lot of uncertainty. When it comes to the past year, it is safe to say that nothing went as anticipated for the property

Industry speak: Realty industry expectation from upcoming Union Budget

Ashvita Singh Accommodation Times News Service Mudhit Gupta, CMD, EMGEE Group: "We are looking forward to the Union Budget to have some interesting incentives for the low cost housing segment. We expect the government to look into the taxation slabs for personal and corporate sector, stamp duty and introduce some benefits for the primary house buyers in the

Industry speak: How the year 2017 would be for Indian Real Estate Sector

M Murali, Managing Director, Shriram Properties     Accommodation Times News Service With the new Government at the centre, we have been witnessing series of radical and transformational reforms - Demonetisation, Real Estate Regulator Bill (RERA), FDI relaxations, GST, Benami Transactions (Prohibition) Amendment Act, Change in Accounting standards IFRS - all coming in a row and in

Industry speak: Real Estate Outlook for 2017

Mr. Surendra Hiranandani, Chairman & Managing Director, House of Hiranandani Accommodation Times News Service Deregulation will be the key to future success of the sector The year 2016 brought in ground breaking changes and transformation in the real estate industry that had not been witnessed for the past two decades. The various policy

2016 – Annus Miserabilis for Real Estate

Sunil Mishra, Chief Business Officer- Primary Sales, PropTiger.com Accommodation Times News Service 2016 will be remembered by realtors as the year which had two distinct parts. The first 10 months of the Year broke the trend of falling sales in the residential sector, a trend which had continued unabated since 2013. Sales

Demonetization Effect: Easing of land prices to boost affordable housing

Accommodation Times News Service Anuj Puri, Chairman & Country Head, JLL India Post-demonetization, the affordable housing segment will get a much-needed boost. Confined to the fringe areas of metros, this segment is expected to get a boost as land prices will plummet in the next few years, especially in far-flung areas around