Elan Mercado 1

Developers welcome GST Implementation

Gurgaon: Real estate developers have welcomed the implementation of Goods and Service Tax. According to them, the GST will greatly improve a fractured tax system and help create an integrated Indian market.  The government has always made it clear that leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the Goods and Services Tax. Sale of land and buildings will be however out of the purview of GST. Such transactions will, however, continue to attract the stamp duty.

BDI Ambaram News Mantra

Increasing Growth In The Real Estate Industry

As compared to last year the real estate industry will show signs of revival in the year 2017. By introducing regulations like RERA, Benami Transaction Prohibition, REITS, GST there is a long-term industrial growth and it also impacts on ease of business by transparency at work. In the year 2017 a lot is expected out of the Govt. to offer some relief for the sector and its stakeholders.

LtoR Mr. Ssumit Berry Receiving The Award From Pro PSN RaoChairman Delhi Urban Art CommissionRakesh GoyalVice Chairman Rail Land Development Authority. News Mantra

BDI bags Realty Plus Excellence Award

Emerging as the new leader of real estate sector, Berry Developers & Infrastructure Pvt. Ltd proved its mettle in the real estate sector, at the recently concluded Realty Plus Excellence Awards 2016 – North, bagging the presigious ‘Affordable Housing of the year’ for its BDI AMBBARAM project.