GST alert on India’s real estate sector

India Investment Journal July Edition, Guest Columns
by Deepak Varghese
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.