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FICCI and Assocham Seek Input Tax Credit for Real Estate Developers on Commercial Properties

Real Estate

FICCI and Assocham Seek Input Tax Credit for Real Estate Developers on Commercial Properties

FICCI and Assocham have jointly urged the Finance Ministry to allow real estate developers to claim Input Tax Credit (ITC) on commercial properties intended for leasing and similar purposes. This move is aimed at reducing the financial burden on developer

February 19, 2025
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FICCI, ASSOCHAM Push for Input Tax Credit for Real Estate Developers under CGST

Real Estate

FICCI, ASSOCHAM Push for Input Tax Credit for Real Estate Developers under CGST

Leading industry bodies, FICCI and ASSOCHAM, have strongly advocated for the inclusion of real estate developers in the Input Tax Credit (ITC) scheme under the Central Goods and Services Tax (CGST). This move aims to reduce the financial burden on develop

February 18, 2025
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Indian Commercial Office Market Surges to New Heights, Paving the Way for 2025

Real Estate

Indian Commercial Office Market Surges to New Heights, Paving the Way for 2025

The Indian commercial office market is set to achieve a record high of 65-70 million square feet in 2025, driven by significant growth in major cities like Bengaluru and Hyderabad. The market is undergoing a major transformation with a shift towards occup

February 11, 2025
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Indian Commercial Office Market Set to Reach New Heights in 2025

real estate news

Indian Commercial Office Market Set to Reach New Heights in 2025

The Indian commercial office market is projected to reach 65-70 million square feet by 2025, signaling a major transformation. According to the FICCI-Colliers report, the market is witnessing unprecedented growth, driven by various sectors and sustainable

February 11, 2025
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Top 15 Real Estate Developers in India Double Market Share in Five Years

Real Estate Pune

Top 15 Real Estate Developers in India Double Market Share in Five Years

Godrej Properties CEO Gaurav Pandey highlights the market share growth of top developers and predicts further consolidation in the real estate sector.

February 11, 2025
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Market Share of Top Real Estate Developers in India Doubles in 5 Years

Real Estate

Market Share of Top Real Estate Developers in India Doubles in 5 Years

At a FICCI real estate conference in New Delhi, Gaurav Pandey, CEO of Godrej Properties, highlighted that the market share of the top 15 developers has doubled to nearly 20% in the last five years, with expectations of further consolidation.

February 11, 2025
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