If 2016 was a year of announcement of legislative reforms, 2017 has been the year of implementation. In the last few months, the real estate sector has seen two major reforms come into force – the Real Estate Regulatory Authority (RERA) and the Goods and Services Tax (GST). This report assesses their impact on the real estate sector. It also explores the real estate trends 2020, in context of the following segments:
The Report was prepared jointly by CII and CBRE and released at the Inaugural Session of CII Realty 2017 held on 19 July at New Delhi.