2017년 인도의 부동산 산업과 2018년 예측 Indian Real Estate Industry in 2017 and predictions for 2018
[REAL ESTATE NEWS] Good morning, everyone. I’m Yisack Park staff of Kamaindia Pvt. Ltd.
Here I have an important Real estate news to share with you which is as undermentioned.
Trends 2017: The year 2017 as we all know has set a new benchmark for the Indian real estate sector. The implementation of demonetisation in November 2016 had the entire economy reeling until the first quarter of 2017 and the realty segment was not pardoned either, with land sales reaching stagnation due to more involvement of cash transactions. However, this eventually helped reduce land prices thereby making the end products more affod abl to the consumers. By April 2017, when the markets were looking to stabilise, RERA and GST were announced in succession which again caused some inertia due to confusion among buyers and developers alike, with both awaiting the final set of RERA notifications/legislation frm their respective state regulatory bodies.