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Stop fearing the great unknown!

DNMUM392431 | 7/15/2017 | Author : Vijay Pandya | WC :771 | Business & Economy

Policy Insights: Greater clarity is required to dispel concerns about the implications of GST, which has been implemented to ensure transparency and reduce prices, says Vijay Pandya
DNA PROPERTY

    The positive impact will be through the demonstration of the government’s intent for delivering on commitments of reform aimed at encouraging greater transparency

The sentiment primarily prevailing in the Indian real estate markets these days can be summed up in one word - Fear. Ironically, it is not the fear of some deadly monster but fear of the unknown that is influencing mindsets and therefore, actual activities as well. Even more ironically, this is happening in response to policies such as GST and RERA, which have been implemented to ensure greater transparency in the process and with the goal of reducing prices.
Shishir Baijal, Chairman & Managing Director, Knight Frank India, emphasi
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