Real estate company Embassy Group is soon expected to launch India’s first real estate investment trust (REIT) in March 2019 to raise around Rs 4,750 crore. Embassy Office Parks is a joint venture between the Bengaluru-based property developer – Embassy and Newyork based private equity firm Blackstone. Securities and Exchange Board of India (SEBI) had […]
Real Estate
Revised GST Rates on Real Estate Properties | Latest GST Rates for Under-Construction Properties
The GST Council today (24-Feb-2019) has announced a rate cut in the goods and services tax (GST) charged on sales of residential properties under construction. As per the latest decision, the new GST rate applicable for all housing projects will be 5%, down from the current 12%. Whereas, the council also decided to lower the […]
List of all Popular Investment Options in India – Features & Snapshot
India has one of the highest ‘net savings rates’ in the world (the national saving rate is about 20 per cent of GDP). However, the net savings rate as a % of GDP has been steadily declining since 2011-12. The other day, I was going through the IRDA’s annual report and noticed that the Domestic saving declined […]
How to get Property Encumbrance Certificate online in Karnataka?
Buying a property (home/plot/land) is one of the most important decisions that you will ever make. Buying a property involves a lot of money and it is a serious money decision. When buying a property, due diligence is essential and you have to verify a lot of property documents. One of the important documents that you need […]
RBI’s statistical data on Indian Households Savings & Investments (2017-18) | How & Where do we save & invest?
The Reserve Bank of India (RBI) has released the latest volume of its annual statistical publication, ‘Handbook of Statistics on the Indian Economy – 2018‘ on 15th Sep, 2018. Through this publication, the Reserve Bank has been providing time series data on various Economic and Financial indicators for the Indian economy. You can find lot […]
Can a Mortgaged property be Gifted, Willed or Inherited?
Real Estate Property is one of the most sort-after investment options in India. The growth in disposable income, demographic changes such as the growing number of nuclear families, a rise in double income earning families, higher income levels within the urban population, the access and availability of bank finance (Loans) are driving the housing demand […]