Kishore Bhatija, MD, Real Estate Development, K Raheja Corp
Spokesperson, Kishore Bhatija, Managing Director, Real estate development, K Raheja Corp
2017 was certainly a year of change with the implementation of several reforms which brought in consolidation and transparency in the sector. In 2018, we look forward to a budget with amendments that will boost growth of the economy and that of the realty industry.
Certain key areas like industry status to the full real estate industry, streamlining taxation norms for REITs, rationalisation of GST, stamp duty reduction/uniformity and implementation of single-window clearance need to be addressed.