Pune: Six pc dip in real estate sales last year, almost 60 pc new launches are ‘budget homes’
March 23, 2018 4:15 am
In 2017, Pune’s real estate sector grappled with two major structural reforms — the Goods and Services Tax (GST) and the Maharashtra Real Estate Regulatory Authority, or MahaRera, which is meant to protect the interest of home-buyers. The changes did impact the sector, which recorded a 6 per cent dip in sales, reveals a recent survey conducted by property consultant Anarock. The survey also found that almost 60 per cent of the new projects launched in the city were “budget homes”, within the Rs 40 lakh price range.
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Pune: Six pc dip in real estate sales last year, almost 60 pc new launches are ‘budget homes’
Source : Indian Express
