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Real estate Industry looking forward to Budget 2012

No Comments Sub Category:Uncategorized Posted On: Mar 05, 2012

The Real Estate industry of India is eying at Pranab Mukherjee, the Finance Minister, for a change in the interest structure and in investment policy for the property management.

This sector is compressed under huge debt ratio and they need a lot of investment in terms of property selling. And the amount of investment required and only be achieved from FDI.

That is the reason the real estate is looking for a change in the Direct Tax Code, which will attract the NRIs to invest in Indian Property market.

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Source : The Times of India

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