Top Developers In India
With 2017 as the landmark year designated for the real estate industry, the introduction of game-changing and major regulatory developments has led to the creation of a substantial market for affordable housing. The RERA (Real Estate Regulation & Development) Act, along with the newly added GST (Goods & Services Tax) has played a crucial role in the structural advances of the real-estate market. These changing patterns for real estate in India have been scaled and topped by top developers in India which include names such as Oberoi Realty, Omaxe, DLF, Supertech, Unitech Real Estate, etc.
The year 2018 comes as the year for large-scale consolidations for the brokers as well as developers that has aptly resulted in a significant drop in the unsold inventories. The government’s push for focusing over the affordable housing practices have been picked up by the top developers in India while some of the solid fundamentals shall effectively back the overall recovery of the housing sector.
The union budget for the year 2018-19 has allowed the feasibility for a larger sum to be placed for the taxpayers that come from the deduction of housing loan interests. Top developers in India for the year shall focus equally on all segments of the real-estate properties that include large developments, mid-sized properties, and lavishly designed properties with maximum profit coming from affordable housing schemes.