FCC

Processes and transactions will be further streamlined, says Farshid Cooper, MD, Spenta Corporation

2018-07-06

Farshid Cooper, Managing Director, Spenta Corporation, says:

In its first year, GST has helped organise several unorganised players and in many cases revolutsonarised entire industries. In time to come, I sense that processes and transactions will be further streamlined. As for real estate there seems to be significant more clarity and comfort from the buyers. Further, revision of rates from 28 per cent to 18 per cent for several construction materials has helped vendors manage their cash flows more efficiently. We are pleased that the government is consciously bringing about change in the sector that is benefiting the developer as well as the buyer.