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GST alert on India’s real estate sector

2020-03-16T09:43:09+00:00July 17th, 2017|2018/2017, Guest Columns, India Investment Journal July Edition, Year|

The impact of the Goods and Services Tax (GST) is set to shake up India’s property markets. The Indian real estate market was just beginning to steady itself from the impact of demonetization in November last year by clocking in smart sales in February, March and May nation-wide. However, the dual impact of GST implementation and the Real Estate Regulation Act (RERA) in July, has got the industry extremely worried. The typical profile of homes that were sold this year [...]