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GST Impact on Real Estate

Realty Nxt Interviews, Mr. Dhaval Ajmera, Director Ajmera Realty At CREDAI MCHI



Realty Nxt Interviews, Mr. Dhaval Ajmera

RealtyNXT brings you an exclusive interview with Mr. Dhaval Ajmera, Director Ajmera Realty and Infra India Ltd, at the CREDAI-MCHI Maha Property EXPO 2017. He reveals the reason behind the success of Ajmera Group and how it has surpassed the competition. Owing foremost to their legacy of five decades, providing projects more than 20 million sq. ft. among the metro cities across the nation. He gives credits to experience and the deliveries they have been making, the prime factors in leading them to a desired domain in real estate sector.


Talking on the recent initiatives like Demonetization, RERA and GST, taken by the government for the real estate sector, he sheds light on their deep effects on the real estate after this sector took a hit. He acknowledges the consumer’s awareness regarding the low dipping of the market. But also advices the customers to invest now, as the present market is about to rise. He expresses high hopes for RERA because it has brought the long awaited transparency in the real estate. Helping the buyers to take a confined decision after a full research on the project. On the other hand, he claims that the market will take some time to get over the effect of GST as it has provided a setback for the projects mostly above Rs 10,000-20,000 per sq. ft.

Talking on the CREDAI-MCHI EXPO 2017, he praises the franchise for bringing in the biggest crowd real estate sector has seen, around 20,000-30,000 consumers attended this year’s Expo. According to him, it turned out to be a great platform to showcase one’s projects to the market. After the RERA and GST, the buyers are getting more informed about the market and hence the expo has provided them an interface to get access to serious business.


Inspiring to become one of the top developers in India, Ajmera Group is currently diversifying by spreading its projects in various cities of India. Expanding and diversifying are the two prime initiatives that Ajmera Group is looking forward to, in the next year.

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