Real estate Residential Commercial Growing with RERA & GST

Real Estate is an asset which is in more lime light after the implementation of RERA & GST, thanks to Government that helps to bring real estate up.Government initiatives like the Pradhan Mantri Awas Yojana and the Housing For All agenda have boosted the affordable housing segment with real estate attracting 25 per cent of the total private equity investments says a report.Today Domestic Investors and NRI's are attracted towards Indian Real Estate with positive belief that it would grow over a period of time.

Real Estate give opportunity to earn Rental income if we invest in Residential ,long term profit after sale & own business in case of commercial.Real estate concludes that it has low liquidity & thats why we can hold it with long period of time to earn good financials.

Right decision to invest in Right asset will bring us in right way ''Affordable living homes'' full with all life style amenities give achievement to every person looking for a house.With so many options available offering different features, It is tough to search house with our tight schedule to find best one that suits most to our life style and symbolic towards achievements.Taking services of right consultancy by successful persons is a symbol of right time management and optimum utilization of their time.

Benefits of right consultancy appreciated all over the world!!!

• Real Estate Consultancies do a lot of research work towards the area where your Home to be.
• They get your site visit done as per your time schedule.
• They have a good negotiation skills to provide your dream home at low cost.
• All after sales services will be completed by your Real Estate Consultancies, that means you should have no worries after getting your dream home.
• As they are professional in this work & they own do real estate market analysis, real estate market research & real estate valuation about the area where your home to be  so your time saves. 

BrickAcres

Real Estate Services
Chandigarh ( UT)
www.brickacres.in
https://www.facebook.com/brickacres.in
https://www.twitter.com/brickacresin

Home in India Affordable but comes with luxurious living today

Real Estate in India bringing trust by implementing RERA & GST, so that to search &  buying a Residential property India will be wisest decision. Home comprises of  love, affection, peace & enthusiasm, these components makes our life heaven.Persons want their own nest so that they can enjoy every moment fullest with their beloved. If low cost housing is luxury, well furnished then the life will becomes more enjoyable.

Money Plays a pivotal role to run our life smoothly, Every person works hard to get money for being free from financial tensions.Today our work schedules are too busy so its hard to get time for handling other domestic work, that is why the need and requirement of professional services highly used and recommended by successful persons in this era. Many successful persons always recommend the best services to their near and dear to see them being successful.

http://www.brickacres.in/

''Affordable living homes'' full with all life style amenities give achievement to every person looking for a house.With so many options available offering different features, It is tough to search house with our tight schedule to find best one that suits most to our life style and symbolic towards achievements.Taking services of right consultancy by successful persons is a symbol of right time management and optimum utilization of their time.

Benefits of right consultancy appreciated all over the world!!!

• Real Estate Consultancies do a lot of research work towards the area where your Home to be.
• They get your site visit done as per your time schedule.
• They have a good negotiation skills to provide your dream home at low cost.
• All after sales services will be completed by your Real Estate Consultancies, that means you should have no worries after getting your dream home.
• As they are professional in this work & they own do real estate market analysis, real estate market research & real estate valuation about the area where your home to be  so your time saves. 

BrickAcres

Real Estate Services
Chandigarh ( UT)
www.brickacres.in
https://www.facebook.com/brickacres.in
https://www.twitter.com/brickacresin

Real Estate Growth

The real estate sector is one of the most globally recognised sectors. In India, real estate is the second largest employer after agriculture.The Indian real estate market is expected to touch US$ 180 billion by 2020. The housing sector alone contributes 5-6 per cent to the country's Gross Domestic Product (GDP). In the period FY08-20, the market size of this sector is expected to increase at a Compound Annual Growth Rate (CAGR) of 11.2 per cent.

 

The real estate sector comprises four sub sectors - housing, retail, hospitality, and commercial. The growth of this sector is well complemented by the growth of the corporate environment and the demand for office space as well as urban and semi-urban accommodations.

 

The Indian real estate sector has witnessed high growth in recent times with the rise in demand for office as well as residential spaces.The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy.

 

 

On the basis of the Smart City projects, land record digitisation, withdrawal of corporate tax from REIT structure, the real estate sector growth is bound to attract funds and confidence of the investors as well in a big way,A balanced regulatory framework and healthy financing environment are the two key pillars for the sustainable development of the real estate sector. Recently announced policy amendments, including those on RERA and REITs, will aid the growth of the sector .The government is working with industry stakeholders to address development bottlenecks and help bring confidence back into the real estate market in India,

Smart City projects announced for 100 cities by the government will also give a big fillip to the real estate sector.Documented demand for housing proves that the real estate sector is doing much better now. The government must ensure that over regulation does not discourage investment flow into the sector.

 

 

 

Government Initiatives

The Government of India along with the governments of the respective states has taken several initiatives to encourage the development in the sector. The Smart City Project, where there is a plan to build 100 smart cities, is a prime opportunity for the real estate companies. Below are some of the other major Government Initiatives:

•  The Make in India initiative has helped to accelerate leasing of commercial property by the manufacturing sector, which has outpaced the Information Technology (IT) sector by registering two-fold increase in office transacted space in the first six months of 2016.
• The Securities and Exchange Board of India (SEBI) has notified final regulations that will govern real estate investment trusts (REITs) and infrastructure investment trusts (InvITs). This move will enable easier access to funds for cash-strapped developers and create a new investment avenue for institutions and high net worth individuals, and eventually ordinary investors.
• The Government of India has relaxed the norms to allow Foreign Direct Investment (FDI) in the construction development sector. This move should boost affordable housing projects and smart cities across the country.
• India’s Prime Minister Mr Narendra Modi approved the launch of Housing for All by 2022. Under the Sardar Patel Urban Housing Mission, 30 million houses will be built in India by 2022, mostly for the economically weaker sections and low-income groups, through public-private-partnership (PPP) and interest subsidy.
•  The Ministry of Housing and Urban Poverty Alleviation (HUPA) has commissioned a study by Indian Institute of Technology, Kanpur on testing of new construction technologies, with the objective of promoting new housing technologies in the country.
• The Securities and Exchange Board of India (SEBI) has issued the consultation paper for public issue of Real Estate Investment Trusts (REITs), which include provisions such as capping of allocation to qualified institutional buyers (QIBs) at 75 per cent, among other topics.
• The Rajya Sabha or the upper house of the Parliament has passed the Real Estate (Regulation and Development) Bill, 2013, which aims to protect consumer interest, ensure efficiency in all property related transactions, improve accountability of real estate developers, increase transparency and attract more investments into the realty sector in India.
• The Securities and Exchange Board of India (SEBI) has allowed Foreign Portfolio Investors (FPI) to invest in units of Real Estate Investment Trusts (REITs), infrastructure investment trusts (InvITs), category III alternative investment funds (AIFs), and also permitted them to acquire corporate bonds under default.
• The Government of India has brought into force the Real Estate (Regulation and Development) Act, 2016 which is aimed at making necessary operational rules and creating an institutional infrastructure for protecting the interests of consumers and promoting growth of the real estate sector in India.
• The Securities and Exchange Board of India (SEBI) has proposed easier regulations for real estate investment trusts (REITs), such as raising the cap of investment of REITs’ assets in under-construction projects from 10 per cent to 20 per cent, in order to attract the interest of developers, and also plans to relax the rules for foreign fund managers to relocate to India.
• Brihanmumbai Municipal Corporation (BMC) has introduced a single-window clearance for construction which will cut the time taken for getting approvals for a building project and lead to correction in prices of residential property, thereby giving a fillip to Mumbai realty.

References: Media Reports, Press releases

BrickAcres

Real Estate Services
Chandigarh ( UT)
www.brickacres.in
https://www.facebook.com/brickacres.in
https://www.twitter.com/brickacresin