Anuj Puri India’s housing policies have so far largely focused on building more homes and on homeownership, and little has been done to promote rental housing. This is a serious lacuna, since rental housing, by itself, can help narrow the Indian housing shortage to quite an extent. As a result, to fulfil its promise of
ANAROCK Property Consultants
Few highs for real estate in a cautious budget Anuj Puri Overall, Union Budget 2019-20 is a balanced one with more of a long-term vision as a follow-on of the Interim Budget. It has obviously been formulated to restore confidence in the India growth story as a whole, and more importantly within India Inc. As
Fresh and wholesome meals, wi-fi, housekeeping and laundry services, app-enabled living in an air-conditioned environment. Welcome to the world of purpose-built student accommodation (PBSA), or housing specifically built for students. An alternative to ubiquitous hostels and paying guest (PG) accommodation, student housing offers an environment and services that align with the needs of today’s students.
The GST rates cut is intended to give a boost to the real estate sector The slash in GST rates to 5% without ITC from the previous 12% with ITC for premium homes, and to 1% minus ITC for affordable homes from the earlier 8%, gives the beleaguered realty sector the much-needed breathing room and
There’s a popular saying in India – Athithi Devo Bhava – meaning the guest is God. Backed by this popular belief and the rising business prospects due to the significant growth of the Indian travel industry, homestays have today become a viable option for both travellers and its owners alike. For the guest, it’s a
Even almost a year after GST implementation, the only real clarity that exists for property buyers is on the prevailing GST rate of 12% on under-construction projects The Goods and Services Tax (GST), a revolutionary tax reform rolled out in July 2017, has effectively replaced the previous Gordian Knot of multiple taxes like VAT, central
Anuj Puri, Chairman – ANAROCK Property Consultants All eyes were on the Finance Minister as he delivered his fifth full Union Budget – the last one before the general elections in 2019. As expected, the budget turned out to be populist and sounded excessively cautious while the need of the hour was to provide a