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Month: April 2019

GST : A significant impact to buyers and builders

GST : A significant impact to buyers and builders

As per the latest GST council meeting recently, GST rates of all the under-construction houses or apartments are reduced to 5% (from the present 12%) and 1% on affordable housing which is currently 8% has redefined the buying capacity of affordable housing. In a tier 1city, a residential space of 60sq metres costing around 45 lakhs is said to be an affordable house. This recent reduction of GST has made a significant impact on both buyers and builders. The same…

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Four Decades and going: Where Noida Stands?

Four Decades and going: Where Noida Stands?

Uttar Pradesh government in 1976 established New Okhla Industrial Development Authority (NOIDA) under the state industrial act – 1976. As per the act the Noida authority acts as an autonomous body. It took Noida nearly 4 decades to become the choicest destination of public at large to have their dream home in NCR. It all started from being an industrial town to a city of few residential societies under the shadows of highly populated National capital region. A home to…

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The Impact of metro on Real Estate Market

The Impact of metro on Real Estate Market

Metro connectivity is the most important thing which defines the location. Metro has changed the entire dimension of Noida and Greater Noida real estate market. Also, the metro flourishes the real estate market to a great extent. The whole belt of aqua line metro is popular for affordable, luxury and modern residential projects which greatly benefited home buyers and investors. Any residential or commercial project along the metro belt gets an advantage because of easy connectivity. The Aqua Line corridor…

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