Effect of Budget on Real Estate
External commercial borrowings (ECBs) in the low-cost housing projects will enhance the real estate activities in the outskirts area of Mumbai. Demand for affordable low budget housing will also increase in Mumbai to avail the 1% interest subvention scheme on housing loan. The higher allotment of funds for the construction of highways and different infrastructure [...] Continue Reading »
The realty industry hoping for a budget which will provide more support to the realty industry to construct more affordable houses. The industry also wants the formation of Real Estate Regulatory Authority (RERA), to improve the transparency and authenticity of the real estate industry. The Industry wants proposals for making it more investment friendly so [...] 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 »
