인도 주택 정책의 문제 해결 하는 방법, Gaps in India's housing policy and how to address it
[REAL ESTATE NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Real estate news to share with you which is as undermentioned.
The year 2017 was considered to be a dark time for the real estate market in India when the government unleashed its full wrath on developers with the advent of RERA. Another major setback to an already stagnating market was the advent of demonetization, after which, the government also went ahead to introduce the Goods and Services Tax (GST), which absolutely broke the back of the real estate industry.
Let’s have a closer look at how these three major policies affected real estate across the spectrum in India.