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Union Budget 2019: Key Announcements for the Indian Real Estate Sector

July 5, 2019 By AdminTagged With: News, Union Budget, Union Budget 2019, union budget real estate

Country’s first woman Finance Minister has presented her maiden budget on July 5 and the real estate sector which has lots of expectations with her has got many announcements to cheer. Starting from rental housing to affordable housing and tax benefits to better infrastructure, here are some of the key highlights that are going to add feathers to the real estate market of India:

Union Budget 2019

Img : twimg

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Filed Under: Real Estate News, Trending News

Expectations from Union Budget 2019-20

January 24, 2019 By AdminTagged With: GST, RERA, Stamp Duty, under construction property, Union Budget, union budget real estate

With few days left to the introduction of Union Budget 2019-20, the apprehensions and expectations both are high on people’s mind these days. This is so because the realty market and the investors have to bear the brunt of the budget as many plans vanish on the paper while others dream to own home goes haywire.

Budget

Img : hmhub

This being the last budget of the Modi-led Central Government the Indian real estate also is expecting some new relaxations. Here, the term new relaxation is used in the context of the reforms introduced by the Central Government that includes RERA [Real Estate Regulation Act], Demonetization, GST [Goods and Service Tax].

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Filed Under: Real Estate News

Union Budget Key Highlights: Affordable Housing Gets Infrastructure Status

February 2, 2017 By AdminTagged With: affordable housing infrastructure status, union budget 2017-18, union budget affordable housing, union budget real estate

Union Budget 2017 was announced by Finance Minister Arun Jaitley on Wednesday- 1 February, 2017. Among other favourable initiatives for real estate announced by Mr. Jaitley, giving infrastructure status to affordable housing came out as a showstopper. It has not only paved the way for the growth of real estate but has also given a big fillip to PM Modi’s ‘Housing for All by 2022’ scheme.

Union Budget Key Highlights: Affordable Housing Gets Infrastructure Status

Union Budget Key Highlights: Affordable Housing Gets Infrastructure Status

Giving infrastructure status to real estate was a much debated topic in the last two budgets. Now that it has finally been approved, both homebuyers and developers are in a cheerful mood. [Read more…]

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Filed Under: Real Estate News

Real Estate Sector Welcomes Union Budget 2017 with Applauds and Cheers

February 2, 2017 By AdminTagged With: budget initiatives for real estate, union budget 2017, union budget affordable housing, union budget impact on real estate, union budget real estate

The real estate sector has applauded Finance Minister Arun Jaitley’s Union Budget. Market players are expressing their happiness on favourable initiatives announced for the real estate sector. Major push was given to affordable housing and on improving long-term demand in real estate. A number of secondary initiatives have also been taken to promote push in the affordable housing market.

Real Estate Sector Welcomes Union Budget 2017 with Applauds and Cheers

Real Estate Sector Welcomes Union Budget 2017 with Applauds and Cheers

Let us discuss the impacts of Budget 2017-18 on real estate in some detail-

Infrastructure Status to Affordable Housing

After several years of proposal and rejection, affordable housing has finally been given infrastructure status in this budget. This is the most welcomed move and will act as a catalyst to achieve Modi’s dream of Housing for All by 2022. With this step, developers who come up with such low-cost housing projects will be eligible for several initiatives like subsidies and institutional funding. This will also encourage private players to invest in affordable housing market. [Read more…]

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Filed Under: Real Estate News

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