Real estate: GST, RERA compliance issues continue

The full page article highlights the effect of GST and RERA on realty division.. with the Real Estate Regulation and Development Act 2016 (RERA) and GST.. until a project is registered post approval with the regulatory authority.. It will continue to remain in force even after implementation of GST and.

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The sectors where earnings have been under pressure for past few quarters include telecom, pharmaceuticals, airlines, tyres, real estate. issues like sand availability in select states (UP, Bihar,

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The Indian real estate sector was extremely buyer-friendly in 2017 and presented an opportune time to seal the deal.’ This trend is likely to continue in 2018 as well and may, in fact, be strengthened amidst limited new launches.

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NEW DELHI: It may take time for the residential real estate market to pick up, as the Real Estate Regulatory Authority (RERA) and the Goods and Services Tax (GST) are likely to disrupt. and was.

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Section 4: The RERA 2016. Section 4: Application for registration of real estate projects. (1) Every promoter shall make an application to the Authority for registration of the real estate project in such form, manner, within such time and accompanied by such fee as.

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To perk up demand in the sector, the GST Council had cut tax rates on new projects. between old tax rates and the new ones to help resolve input tax credit issues. The real estate developers had.

Five key regulatory reforms are working in tandem to bring in the next wave of. The real estate sector in India entered a revitalisation mode during 2018 where the teething problems posed by. Investment trends largely remain similar to last year. reforms such as GST, RERA, Ind AS115, IBC etc., that.