AFFORDABLE HOUSING BY REAL ESTATE PLAYERS IN INDIA: A CRITICAL ANALYSIS IN THE ERA OF RERA AND GST

  • Jaheer Mukthar Research Scholar, Department of Applied Economics, Cochin University of Science and Technology (CUSAT), Kerala, India.
  • Dr. Manoj P. K. Faculty Member & Research Coordinator, Department of Applied Economics, Cochin University of Science and Technology (CUSAT), Kerala, India.
Keywords: Affordable Housing, RERA, GST, ICT, Sustainable Housing Development

Abstract

Housing shortage is a major problem in India, urban housing shortage being more acute than the rural. In the current scenario, the Government of India is committed to the national goal of ‘Affordable Housing for All by 2022’. In view of the immense potential of housing investments for economic development of a nation due to its vast linkages, and the urgency of attaining the national goal as above, the Government of India has been actively promoting housing development in the country. The promulgation of Real Estate Regulatory Authority Act (RERA) and the implementation of Goods Services Tax (GST) Act have had their impact on the housing and real estate sector. Considering the capacity of this sector to kick-start an economy facing slowdown, this paper suggests strategies for the economic revival of India.

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How to Cite
Jaheer Mukthar, & Dr. Manoj P. K. (2019). AFFORDABLE HOUSING BY REAL ESTATE PLAYERS IN INDIA: A CRITICAL ANALYSIS IN THE ERA OF RERA AND GST. International Journal of Trade and Global Business Perspectives, 8(01), 4096-4108. Retrieved from https://tgbp.gfer.org/index.php/tgbp/article/view/19
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