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Advisor Network Economic & Finance Laws & Registration Laws & Taxes Market Overview Real Estate

Budget 2023-24 Balanced but Tepid for Real Estate

The new measures announced in the Union Budget 2023-24 may certainly help unleash Indian economy’s potential. However, from a real estate point of view, there were no major direct announcements that could be seen as immediate booster shots.  The enhanced allocation for PM Awaas Yojana by 66% to over INR 79,000 crores is certainly a […]

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Laws & Registration Laws & Taxes

The Benefits of Hiring a Tax Attorney

Audit rates have been decreasing over the past few years due to a lack of resources, and that may cause some people to get too comfortable during tax season. Even one small mistake can lead to an IRS audit.  If you’re not familiar with the tax laws, you could get yourself in trouble. That’s why […]

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Advisor Network Economic & Finance Laws & Taxes Market Overview Real Estate State & Urban

Housing Sales in Top 7 Cities Scale New Peak in 2022, Breach Previous high of 2014

Mumbai, 27 December 2022: Despite the gradual hike in property prices and home loan interest rates in 2022, it has been a fantastic year for residential real estate. Latest ANAROCK Research indicates that housing sales in the top 7 cities have created a new peak in 2022, breaching the previous high of 2014. Approx. 3,64,900 units […]

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Advisor Network Economic & Finance Laws & Taxes Market Overview Real Estate

2023 – More Smooth Sailing or Bumpy Ride for Indian Real Estate?

Indian residential real estate sales remained upbeat throughout 2022, and the current sales momentum will sustain at least into the first quarter of 2023. Thereafter, much will depend on forces other than the desire for homeownership, such as additional repo rate hikes and property price increases. 2022 saw the repo rate go up by almost […]

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Advisor Network Economic & Finance Laws & Taxes Real Estate

Real Estate Budget Expectations – 2023-24

India Inc. has already started pinning hopes on various economic reforms in the upcoming Union Budget 2023-24. Unavoidably, there is quite a bit of overlap with previous years in the form of recurring demands which have, so far, not been or insufficiently met.  For instance, a price band of INR 45 lakh or below is […]

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Banking & Insurance Economic & Finance Laws & Taxes Market Overview Real Estate

RBI’s 35 Bps Rate Hike Won’t Rock Housing Boat

The 35 BPS rate hike by the RBI – the fifth consecutive rate hike this year – comes as no surprise. With repo rates now at 6.25%, there may be some repercussions on housing uptake. This hike will undoubtedly push up home loan interest rates, which had already crept up after four consecutive bps rate […]

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Careers Economic & Finance Laws & Registration Laws & Taxes Travel

Remote workers who make at least $2,750 a month can apply to Portugal’s new ‘digital nomad visa’ starting Oct 30

The Portuguese government has introduced the first digital nomad visa program of its kind in Europe. Here’s how it stacks up to similar programs in other European states. Portugal recently released the requirements for its digital nomad visa, which lets remote workers who make four times the national minimum wage live and work in the […]

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Advisor Network Banking & Insurance Business Economic & Finance Laws & Taxes Market Overview New startups State & Urban

How are Interest Rates affecting the MSME Sector?

We have in this study examined financial performance of 3180 companies (excluding financial companies) and noted the trend in interest coverage ratio defined as Operating profit to Interest. This indicator reflects the comfort level of companies in debt servicing. Some interesting results: In response to falling interest rate cycle, interest coverage ratio of companies has […]

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Advisor Network Banking & Insurance Economic & Finance Laws & Taxes Real Estate

RBI Rate Hike Can Have A Moderate Impact On Housing Sales

A rate hike was expected, but the expectation was for a maximum of 35 bps. The hike by 50 bps is definitely on the higher side, and home loan lending rates will now edge further into the red zone. This is the third consecutive rate hike in the last two months and finally marks the […]

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