Knight Frank India
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Post GST, housing prices may not increase, says consulting firm Knight Frank
Ians •The general perception was that with the 12 percent GST rate, the tax would go up from 5.5 percent (service tax plus VAT)
Housing prices to remain muted for six months, sales to stabilise, says report
•Indian real estate market has managed to show positive tractions in the last six months and the projections look positive too.
Housing sales up 7% in Jan-June in 8 cities; unsold stock down
•Showing signs of revival, housing sales rose by 7 per cent in the country's eight major cities at 1.35 lakh units during January-June period of this year leading to a decline in unsold inventories, according to real estate consultant Knight Frank India.
Eyeing higher returns, NBFCs move to fund cash-strapped realtors
Fp Archives •As private equity firms and banks are adopting a cautious approach to funding real estate projects, non-banking finance companies (NBFCs) are coming forward to help cash-strapped developers with the expectation of higher returns, say experts.