An Indian real estate expert analyses property trends following the implementation of Real Estate Regulatory Agency (RERA) and Goods and Services Tax (GST) in the country. As the half-year mark approaches the real estate sector, there is a mixed feeling in the developer community. The larger firms have restarted launching new projects - which had taken quite a back seat, with the least number of new project launches in 2017 due to the implementation of RERA and GST. The mid-sized developers are finding the going difficult especially after a poor 2017 and buyers bias having shifted to larger developers who they see as more financially stable and there for a higher propensity to deliver on their commitments. While 2017 seems to have seen sales of nearly 230,000 units in the top seven cities, which comprises 80 per cent+ of the total market, it marked the key trend of smaller sized units. Given the PMAY scheme giving a boost to smaller units and bringing first-time buyers to the market - 2018 will see a further boost to the smaller units with PMAY scheme increasing the carpet area that makes more home purchases eligible for subsidy. Homes below Rs 7.5 million ($110,000) now comprise more than 80 per cent of the market and if one can hazard a positive outlook to 2018 seeing the improved end user buying segment - we could see nearly 300,000 being sold in 2018.