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Income Tax Act – 1961 and the Problem of Black Money in Real Estate Transactions

Black money is so much a part of our white economy, a tumour in the centre of the brain - try to remove it and you kill the patient.” Though India has come a long way in implementing a modern tax regime yet some pressing issues continue to create obstacles for its future growth. One such issue is that of black mone


Predictions for Housing Market in 2016

How Will The Real Estate Market Look Like In 2016? The Indian real estate market has been treading the slugging path for the last two years. There has been no recovery in buyers’ sentiment as prices remain stable, and there is less hope of capital appreciation in the short-term. In 2016, howev


Despite of 30% drop in sales, home prices will not go south in 2015-16

Even an expected pick up in the country’s economic growth in fiscal year 2016, wouldn’t be enough for common man to buy is dream home due to persistently high prices of residential properties, India ratings said. Home prices are unlikely to correct from