Monday, February 20, 2017
Wednesday, February 1, 2017
Union Budget 2017 increased allocation to Pradhan Mantri Awas Yojana from Rs. 15,000 crore to Rs. 23,000 crore in the rural areas
Posted by B S Vohra at 9:15 AM
Union Budget 2017 proposes several positive measures for the real estate sector. Below are the key positives measures included.
Infrastructure status to affordable housing, which will reduce the cost of funding for the builders, the benefit of which he can pass on to the purchasers.
Capital gain tax period reduced to 2 years from 3 years, which means less capital gain tax for a person who intends to sell the house after two years of purchase instead of 3 years.
Posted by B S Vohra at 9:12 AM