Budget and real estate in India
The budget has made the real estate sector disappointed. It is not only disappointing the real estate builders, but there is also no better announcement for the middle range home buyers. With the increase of the service and excise tax, the cost of construction will increase by Rs.50 to Rs.100 per square foot. The only [...] Continue Reading »
The real estate industry of India is still suffering from low demand and financial crisis. The real estate debt is increasing with the days progressing. People are showing less interest in investing on buying apartment due to the high cost. Therefore, the real estate industry is hoping some facilitating decision in the coming budget which [...] Continue Reading »
Real estate sector is considered as the second largest sector of India in terms of generating employment. But over last few years this sector is struggling to grow because of various administrative obstacles. The slow down economy, dawdling decision making process, and the higher trend in interest rates are effacting the growth of this sector. [...] Continue Reading »
