Author
The author is CMD, House of Hiranandani
GST has provided some cushion to under construction projects and marginally brought down prices for affordable housing owing to the input tax credits, but we are yet to see a significant impact in the mid-sized or luxury space.
Read MoreWe need a RERA authority monitoring the process of statutory approvals. India ranks a very low 181 out of 189 countries in ease of getting construction permits. This is what frustrates developers rendering projects unviable.
Read MoreGoing forward we would like the Government to look into pressing issues that have been highlighted by industry bodies at regular intervals. GST and stamp duty issues must be addressed at the earliest.
Read More