Anuj Puri As India embarks on another year of independence, the country’s real estate sector has a lot to be grateful for, a lot to hope for – and still a lot to worry about. Amidst the dual challenges of liquidity crisis and stuck projects that hang like persistent thunderclouds over the sector, we nevertheless
The recently released JLL FICCI report indicates that office, affordable housing and student housing segments of realty are set to surpass previous highs in terms of space and investment. According to Ramesh Nair, CEO & country head at JLL India, “India’s real estate sector is at an inflection point and the evolutionary trends in the
Anuj Puri, chairman – ANAROCK Property Consultants In the 71 years since India gained independence, the country’s real estate market has changed tremendously. While it has not always been consumer-favouring throughout this period, it is certainly so today. The country’s cities have expanded, new economic drivers have come in and jobs are being created at
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 Why RERA is still not a nation-wide market force Many state governments have been lax in implementing RERA. There are various forces at play – the primary one being change aversion. RERA was conceived to change the entire status quo of how real estate is designed, developed and sold in India. It intends
Demonetisation and RERA had resulted in temporary slowdown in real estate activity. However, analysts feel that the policy initiatives which had dampened activity, complemented by the focus on affordable housing, will have a positive mid to long-term effect on the industry By Gyanendra Kumar Kashyap Real estate has been a key driver for the economy.
The real estate industry is in the process of benefitting from the affordable housing initiative, says Praveen Jain, CMD, Tulip Infratech How is RERA impacting the real estate industry, and how does it benefit the customer? The real estate industry is responding well to RERA, its impact has been positive and it is beneficial for
Shishir Baijal, CMD, Knight Frank India Given the implementation of RERA and GST, the real estate sector is faced with anxiety; however, the sector is looking up towards a bright future The Indian real estate sector is undergoing a deep overhaul which is much beyond imagination. Metro cities are bustling with massive beehive-like infrastructure work;
How do you view the uptick in the real estate industry? How well does it bode for the building materials industry? The prime minister’s focus on housing and infrastructure, PMAY, Housing for All schemes, and smart cities will spur the overall demand in real estate in the long run. This will surely benefit companies that
The real estate industry is yet to stabilise and developers have become cautious, says Crystal Sanitary Fittings chief Gauri Singh Shandilaya. But she also believes that new market segments are opening up for the building materials industry. By Gyanendra Kumar Kashyap How do you view the uptick in the real estate industry? How well does
The objective of Housing for All by 2022 seemed a little fabulous; but we are actually seeing some serious action on the ground due to the government’s policy directive Ashwinder Raj Singh Affordable housing schemes for the middle and lower income groups are finally on a serious growth curve in 2017, with huge demand in
Pakshal Sanghvi, director, Sanghvi Realty, expects pricing in the real estate sector to be impacted following GST and RERA becoming effective, and that it may take six to twelve months to pan out The real estate sector is the second largest employer in the country after agriculture and ranks third among the 14 major sectors
Paresh Lunagaria, chief of Rajkot-based Maruti Interior Products Pvt Ltd, avers that the much-awaited schemes and reforms such as The Real Estate (Regulation and Development) Act, 2016 (RERA), ‘Housing for All’, and Goods and Services Tax will prove to be a growth trigger for the modular furniture industry. He adds that his company, which markets
The RERA Act will bring much-required standardisation and professionalism to the real estate sector, leading to a healthy and orderly growth of the industry By Pakshal Sanghvi The Real Estate Regulation Act, which has been put to effect from 1 May 2017, is all set to bring transparency into the real estate sector. The RERA
![Anuj Puri, Chairman - ANAROCK Property Consultants]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Anuj-Puri-Chairman-ANAROCK-Property-Consultants-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Anuj-Puri-Chairman-ANAROCK-Property-Consultants-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Anuj-Puri-Chairman-ANAROCK-Property-Consultants-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Anuj-Puri-Chairman-ANAROCK-Property-Consultants-878x494.jpg","width":878},"large":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/07\/Anuj-Puri-Chairman-ANAROCK-Property-Consultants-1024x723.jpg","width":1024}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/01\/FICCI-JLL-Report-Launch-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/01\/FICCI-JLL-Report-Launch-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/01\/FICCI-JLL-Report-Launch-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/01\/FICCI-JLL-Report-Launch-878x494.jpg","width":878},"large":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/01\/FICCI-JLL-Report-Launch-1024x589.jpg","width":1024}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/02\/Anuj-Puri_highres.jpeg-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/02\/Anuj-Puri_highres.jpeg-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/02\/Anuj-Puri_highres.jpeg-475x267.jpg","width":475},"large":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/02\/Anuj-Puri_highres.jpeg-866x1024.jpg","width":866},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/02\/Anuj-Puri_highres.jpeg-878x494.jpg","width":878}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/reality-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/reality-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/reality-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/reality-878x494.jpg","width":878}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/IMG-20170922-WA0012-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/IMG-20170922-WA0012-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/IMG-20170922-WA0012-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/IMG-20170922-WA0012-878x494.jpg","width":878}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Shishir-Baijal-Chairman-and-Managing-Director-Knight-Frank-India-Pvt.-Ltd.-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Shishir-Baijal-Chairman-and-Managing-Director-Knight-Frank-India-Pvt.-Ltd.-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Shishir-Baijal-Chairman-and-Managing-Director-Knight-Frank-India-Pvt.-Ltd.-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Shishir-Baijal-Chairman-and-Managing-Director-Knight-Frank-India-Pvt.-Ltd.-878x494.jpg","width":878}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Nitin-Kulkarni-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Nitin-Kulkarni-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Nitin-Kulkarni-475x267.jpg","width":475},"large":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Nitin-Kulkarni-764x1024.jpg","width":764},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Nitin-Kulkarni-878x494.jpg","width":878}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Managing-Director-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Managing-Director-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Managing-Director-475x267.jpg","width":"475"},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2018\/01\/Managing-Director-878x494.jpg","width":"878"}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/10\/Ashwinder-Raj-Singh-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/10\/Ashwinder-Raj-Singh-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/10\/Ashwinder-Raj-Singh-475x267.jpg","width":"475"},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/10\/Ashwinder-Raj-Singh-878x494.jpg","width":"878"}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/09\/Pakshal-Sanghvi-Director-Sanghvi-Realty-170x95.jpg","width":"170"},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/09\/Pakshal-Sanghvi-Director-Sanghvi-Realty-270x152.jpg","width":"270"},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/09\/Pakshal-Sanghvi-Director-Sanghvi-Realty-475x267.jpg","width":"475"},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/09\/Pakshal-Sanghvi-Director-Sanghvi-Realty-878x494.jpg","width":"878"}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/07\/Maruti-Interior-2-1-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/07\/Maruti-Interior-2-1-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/07\/Maruti-Interior-2-1-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/07\/Maruti-Interior-2-1-878x494.jpg","width":878}})
![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/06\/Pakshal-Sanghvi_Director_Sanghvi-Realty-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/06\/Pakshal-Sanghvi_Director_Sanghvi-Realty-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/06\/Pakshal-Sanghvi_Director_Sanghvi-Realty-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/06\/Pakshal-Sanghvi_Director_Sanghvi-Realty-878x494.jpg","width":878},"large":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2017\/06\/Pakshal-Sanghvi_Director_Sanghvi-Realty-1024x630.jpg","width":1024}})