1.After a five-time reduction in 2019, RBI keeps repo rates unchanged at 5.15%

The real estate fraternity has expressed disappointment over the RBI’s decision.

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2.JLL Announces Winners of India’s Biggest Proptech Challenge

Rigorous selection process found the best technologies from amongst the initial ~750 applicants

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3.Real-estate developers receive aid from smaller NBFCs/HFCs

Smaller non-banking finance companies (NBFCs), which include housing finance companies (HFCs), have stepped up funding to the real-estate sector at a time when bigger players are reluctant.

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4.Smart cities risk curtailing potential by prioritising technology over people

Smart city initiatives in the Asia Pacific will not reach their potential if they focus on delivering cutting-edge technologies without paying enough attention to the needs and experiences of citizens, according to new research, Smart Cities Success: Connecting people, proptech and real estate, released by leading real estate consultant JLL recently

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5.RERA to make the market accountable, bring in financial discipline

The implementation of the Real Estate Regulation Act (RERA) in the country has picked up pace, with 90 per cent of the state and Union Territories notifying the rules, according to a JLL analysis of the data provided by the Ministry of Housing and Urban Affairs, Government of India. O

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6.Highest institutional investment at $5.5 bn

Institutional investments in Indian realy highest at $5.5 billion in 2018

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7.GST enters its second year in India – real estate still in learning mode

The Goods and Services Tax (GST) – India’s biggest tax reform post-independence – was implemented on July 1, 2017.

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8.Top 5 common myths of GST in real estate debunked

The Goods and Services Tax (GST) – India’s biggest tax reform post-independence – was implemented on 1 July 2017. This new tax regime seeks to transform the Indian economy with its ‘One Nation, One Market, One Tax’ principle by subsuming a host of indirect taxes charged at varied rates by the Centre and states, therefore bringing uniformity in taxation across the country.

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9.What impact will the RBI’s decision to hike rates have on housing sales? Find out!

The RBIs decision to increase repo rates by 25 bps to 6.25 per cent after four years of keeping them stable speaks of a carefully deliberated decision in light of the recent inflationary pressure on the economy.

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10.Buyers can choose from close to 4,40,000 homes that remain unsold across top cities

In a recent survey completed by JLL, as many as 440,000 residential units remain unsold across key cities of India at the end of 2017.

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