MUMBAI: Draft rules of the new Real Estate (Regulation & Development) Act, 2016, (RERA), notified by the Maharashtra government on Thursday have been diluted to favour errant builders, property experts and housing activists said. They claimed that they lacked transparency and flat buyers will continue to remain in the dark ... Read More »
NEW DELHI: The Goods and Services Tax(GST) could bring in transparency in the functioning of the real estate sector and even reduce the cost of ownership of homes for buyers, especially if the GST rate is lower than all the current rates put together, said builders and tax consultants. These ... Read More »
New Zealand has slipped down the ranks, now sitting at sixth in the world for real estate transparency. Two years ago, New Zealand was in fourth place, but the latest Global Real Estate Transparency Index by JLL shows the country is now in sixth place. JLL New Zealand head of research Justin Kean said the decline reflected improvements made by other nations, rather ... Read More »
Australia is now the world’s second most transparent real estate market, according to the recently released JLL Global Real Estate Transparency Index 2016, supporting the solid investment fundamentals that have attracted high levels of foreign investment into Australia. The index, compiled every two years, ranks countries by looking at factors ... Read More »
