The union budget is a greatly awaited annual event which Indians follow closely, as the decisions and allocations announced by the Finance Ministry have great pertinence to both individuals and industries. This year the budget will be announced on the 29 of February by Arun Jaitely, the Finance Minister of India. Developers are expecting a lot from him for the sector and are hoping that the minister will spell out measures to revive the staggering real estate sector in the annual budget.
To go hand in hand with how the real estate industry will perform in 2016, market players are waiting with abated breath for some special allocations and some major announcements in the upcoming Union Budget. The developers have a wish-list, here are some changes which the realtors are pitching for- [Read more…]