siliconindia | | January 20188IN MY OPINIONBy Dr. Niranjan Hiranandani, Founder & CMD, Hiranandani CommunitiesHeadquartered in Mumbai, Hiranandani Communities is one of India's most well-known real estate companies pioneering in the integrated township segment. It specializes in Residential, Commercial, Healthcare, Retail, Education, and many other verticals.T he Indian Economy and indeed, real estate have experienced a `Sys-tems Reboot'. The new paradigm includes various encouraging ini-tiatives by the Government, along with a new regulatory regime. This has completely changed the face of the In-dian Real Estate sector. The positive ef-fect is expected to become apparent in the upcoming yearsInitiatives by the Indian Government have created the ideal foundation for real es-tate to look ahead at a positive future, with the promise of potential growth. The new regulatory regime is largely about steps, which include streamlining approval pro-cesses, simplifying taxation (GST), building institutional capacity, and also introducing urban planning and real estate-related re-forms (RERA and REITs). The initiatives FACELIFT OF INDIAN REAL ESTATE- VISION 2018Dr Niranjan Hiranandani
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