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.

A proactive, business-friendly government, great location and sound macro fundamentals are powering Haryana’s economic surge.



This is not the kind of news that makes for banner headlines. So, it was no surprise to find the news on Gurugram, the commercial capital of Haryana, getting an International Arbitration Centre (IAC) buried in the inside pages of most newspapers.

The city, part of the National Capital Region (NCR) and till recently known as Gurgaon, will be the second Indian city after Mumbai to get an IAC. The Punjab and Haryana High Court, whose approval is necessary, has given its consent and sent the proposal to the Haryana government.

India Inc. property expert unravels the Indian government’s recent Budget for 2017-18 and its impact on the country’s real estate market.

The central theme of the 2017 Budget in early February seems to be towards creating cash flow and consumption from the bottom of the pyramid. This would then flow upwards to more robust and long-term capital formation at the hands of the development companies. The same trend is observed in the changes to the real estate rules in the current Budget.

What looked like an optimistic start to the year with leasing activity picking up in the commercial segment was not to be, writes India Inc. property expert.

If 2015 was a roller coaster, 2016 was definitely a steep downhill for the real estate sector.

With the passing of the Real Estate Regulation Bill, residential buyers hammered away at residential developers with judges passing landmark judgments against developers for delayed delivery.

India Inc. property expert reviews the recent trends in the Indian realty sector to highlight that it would be wise to go along with the current phase of transformation rather than resist change.

There was a drought in property sales that was carried forward from 2015 into the early half of the year. When sales just started picking up, came the liquidity squeeze which was a corollary to the government scheme that offered amnesty to tax dodgers. If that was not enough, the Real Estate Regulation Act gave teeth to the helpless buyers who had a track record of suffering at the hands of developers for delays way beyond committed deadlines.

The Narendra Modi government is pushing ahead with economic reforms – with renewed vigour and welcome urgency. After appearing to be blindsided for a while by the obstructionist tactics and filibustering by the Opposition and some of its allies, which surprised everyone by punching well above their weight, the ruling side has regained its mojo.