Fusion Inc

Last year, India’s real estate sector saw two major reforms come into force -- the Real Estate Regulatory Authority (RERA) and the Goods and Services Tax (GST). While a landmark tax such as the GST is expected to have far-reaching implications for sectors across the economy, its impact on real estate as a whole is likely to be a mixed bag. The complete impact on construction costs is likely to unfold over the coming months. However, aligning with the ‘Housing for All by 2022’ vision, projects launched under the Pradhan Mantri Awas Yojna (PMAY) have been kept out of the purview of the GST. For under construction properties, the government has allowed one-third of an apartment cost to be deducted towards the transfer of land and GST at the rate of 18 percent to be paid on the balance amount, which brings the effective GST rate on under-construction properties to 12 percent. While occupation costs are likely to inch up marginally as the 15 percent service tax has been replaced w...

Finally, the BARC report (week 28, 2018) is out after due changes while Naagin 3 is the number one show (no doubt, it’s surprising), the entire list has seen unexpected ups and downs. Taarak Mehta Ka Ooltah Chashmah was at the eighth spot last week and this week it has seen a huge jump and taken the second position. On the other hand, the dance reality show, Dance Deewane has seen a huge fall and dropped to the sixth position. Kundali Bhagya and Kumkum Bhagya are still not being able to reclaim their earlier positions. However, Kumkum Bhagya has climbed the ladder this week. Yeh Rishta Kya Kehlata Hai has also seen a huge dip and gone missing from top 5. Meanwhile, Qayamat Ki Raat also went missing from the top 10 list and settled at the eleventh spot. The singing reality show opened with flying colours and grabbed the tenth position. The entire list has gone through a revamp . Top 10 shows (Urban) Naagin 3 is again the number one show with 9.2 million impressions. Follo...