India is expected to be among the fastest-growing economies, with the real estate sector being a major driver. Policies like RERA, GST, Benami Act, REIT and demonetisation, are likely to boost transparency. To simplify the purchasing processes, several rules and regulations have been amended. Lenient FEMA policies and relaxation of laws by the RBI regarding property buying by NRIs, are likely to boost their participation. The availability of affordable properties and ready-to-move options in the Indian property market, are major attractions for NRIs.

ONLY ONE TAX -Homebuyers to only pay 12% GST on properties eliminating other indirect cost by way of VAT, Service Tax, Registration Charges etc. With RERA into effect, home buyers can now check the project construction status with a click of a button Property Rates have reduced by 4% in the last quarter and Home Loan interest rates at 6 years low. Chennai and Bengauru to be the biggest beneficiaries of GST as current taxes are upto 15.2%. NO GST on Ready to Move in properties - As per a latest survey there are over 400,000 Ready to Move in Apartments across India.