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Expert views on the renting of commercial properties brought under the reverse charge mechanism by Shrinivas Rao, FRICS, CEO, Vestian Below the Expert views on the renting of commercial properties brought under the reverse charge mechanism by Shrinivas Rao, FRICS, CEO, Vestian   “Earlier, Goods and Services Tax (GST) was charged under Forward Charge Mechanism (FCM) only while renting a commercial property by a GST unregistered person (landlord) to a GST registered person (tenant). This caused significant revenue leakage for the government as the Reverse Charge Mechanism (RCM) was not applied. To stop t...
Expert views on the renting of commercial properties brought under the reverse charge mechanism by Shrinivas Rao, FRICS, CEO, Vestian
Expert views on the renting of commercial properties brought under the reverse charge mechanism by Shrinivas Rao, FRICS, CEO, Vestian
Source: Vestian
2024-09-10 02:44:46 pm
Views on Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian Below the Views on Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian    “RBI maintained status quo for the ninth consecutive time and kept the repo rate at 6.5%. Sticky inflation, elevated food prices, and global macroeconomic uncertainty likely influenced this decision. A steady monetary policy for the past one and half years has ensured stability in the real estate sector, boosting demand for all asset classes. This upward momentum is expected to conti...
Views on Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian
Views on Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian
Source: Vestian
2024-08-08 02:10:07 pm
Budget Reaction on Real Estate by Shrinivas Rao, FRICS, CEO, Vestian Below the Budget Reaction on Real Estate by Shrinivas Rao, FRICS, CEO, Vestian   budget continued its focus on infrastructure development and provided impetus to employment generation with an aim to bridge the skill gap and boost the Indian economy.”   Mr. Rao added, “The budget witnessed several announcements which may boost demand for real estate assets - A budget allocation of INR 10 lakh crore to develop one crore urban houses under PMAY, improved transparenc...
Budget Reaction on Real Estate by Shrinivas Rao, FRICS, CEO, Vestian
Budget Reaction on Real Estate by Shrinivas Rao, FRICS, CEO, Vestian
Source: Vestian
2024-07-23 02:28:02 pm
Quote on Real Estate Industry`s Expectation from Upcoming Budget by Shrinivas Rao, FRICS, CEO, Vestian Below the Quote on Real Estate Industry's Expectation from Upcoming Budget by Shrinivas Rao, FRICS, CEO, Vestian    “We anticipate a budget that tackles pressing issues, boosts demand, and drives sustainable growth. As per the announcements in the interim budget, it is evident that the government will continue to focus on infrastructure development to make India a USD 5 Tn economy in the upcoming years and turn the country into a 'Viksit Bharat' by 2047....
Quote on Real Estate Industry`s Expectation from Upcoming Budget by Shrinivas Rao, FRICS, CEO, Vestian
Quote on Real Estate Industry`s Expectation from Upcoming Budget by Shrinivas Rao, FRICS, CEO, Vestian
Source: PR Agency
2024-06-21 01:45:25 pm
Quote on Real Estate Industry's Expectations from the New Government by Shrinivas Rao, FRICS, CEO, Vestian Below the Quote on Real Estate Industry's Expectations from the New Government by Shrinivas Rao, FRICS, CEO, Vestian   “The real estate market sentiments are optimistic as the stock market is moving northward, especially the BSE Realty Index which has crossed 8,400, reaching the highest level since 2008. Furthermore, it has grown by 4-5% in the past five days on the back of positive expectations from the newly elected government.” Mr. Rao added, “We expect ...
Quote on Real Estate Industry's Expectations from the New Government by Shrinivas Rao, FRICS, CEO, Vestian
Quote on Real Estate Industry's Expectations from the New Government by Shrinivas Rao, FRICS, CEO, Vestian
Source: PR Agency
2024-06-05 12:36:39 pm
Reaction on RBI Policy by Shrinivas Rao, FRICS, CEO, Vestian Below the Reaction on RBI Policy by Shrinivas Rao, FRICS, CEO, Vestian   “RBI has kept the repo rate unchanged at 6.5% for the 7th time in a row. This decision is in line with the current situation as inflation remains out of the target range of RBI, due to soaring food prices in the past couple of months." Mr. Rao further added, "Stable repo rates for more than a year has brought certainty into the real estate market. However, rate cuts are expected in the ...
Reaction on RBI Policy by Shrinivas Rao, FRICS, CEO, Vestian
Reaction on RBI Policy by Shrinivas Rao, FRICS, CEO, Vestian
Source: PR Agency
2024-04-05 02:45:56 pm
Comment on Fraction by Mr. Shrinivas Rao, CEO- Vestian Below the Comment on Fraction by Mr. Shrinivas Rao, CEO- Vestian   “SEBI’s notification to regulate small and medium REITs (SM REITs) is a welcome move for the Indian real estate sector. This will regulate the fractional ownership industry and safeguard investor interests, incorporating both commercial and residential properties within the new framework. Moreover, it is expected to boost the participation of domestic and foreign retail investors, and liquidity in the In...
Comment on Fraction by Mr. Shrinivas Rao, CEO- Vestian
Comment on Fraction by Mr. Shrinivas Rao, CEO- Vestian
Source: PR Agency
2024-03-11 12:10:37 pm
Comment on RBI Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian Below the Comment on RBI Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian   “RBI maintained status quo and kept the repo rate unchanged at 6.5% for the sixth time in a row. It is a welcome move to curb inflation and control liquidity in the market. Moreover, this stability in the monetary policy along with robust economic growth may result in sustained demand for real estate assets.”   Mr. Rao further added, “Headline inflation inched up marg...
Comment on RBI Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian
Comment on RBI Monetary Policy by Shrinivas Rao, FRICS, CEO, Vestian
Source: PR Agency
2024-02-08 12:15:08 pm