Realty News Roundup: Realty Sector Wants Special Session To Pass GST Bill; Home Buyers To Pay More For Affordable Homes In Rajasthan

Realty News Roundup is PropGuide's selection of top stories from the real estate sector

Top News
 
The real estate industry is reportedly expecting the Central Government to call a special session of Parliament to pass the long-pending Goods and Services Tax (GST) Bill. Read here. 
 
According to media reports, US investment bank Goldman Sachs has invested Rs 900 crore ($138 million) for a minority stake in Piramal Realty, the real estate development arm of Piramal Group. Read here.
 
Off the front page
 
With a growing demand for real estate in the city, Pune-based residential developer Kolte-Patil Developers (KPD) has made sales booking of 2.85 million sq ft in 2014-15. This is 30 per cent more than the area booked in 2013-14. Moreover, the booking value also increased 46 per cent to Rs 1,677 crore for the same period. Read more.
 
A report in The Times of India says that after the Rajasthan State Government has made amendments to its township policy, affordable homes in private colonies will cost more. Once the amendments are approved by the State Cabinet, the price of property will rise to Rs 1,200 per sq mt. Read more.
 
Opinion
 
Read an interview of Pramod Gubbi, VP, Institutional Equity, Ambit Capital, where he shares his views on the real estate sector. Read here.