Union Budget 2019

Only 9% of Current Unsold Housing Stock Benefits from Tax Relaxation – RealtyMyths

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Just 63,000 ready units currently benefit out of total 6.73 lakh units across top 7 cities Nearly 22,000 ready unsold units completed before 2017 don’t benefit from the new rule 33% of 5.88 lakh unsold under-construction units in the luxury...Read More

Mr Khushru Jijina, MD of Piramal Capital & Housing Finance on Union Budget 2019 – RealtyMyths

Mr Khushru Jijina, Managing Director, Piramal Capital & Housing Finance The Interim Budget for FY20 aims at a fine balance between the upliftment of the rural economy as well as incentivizing the high spending urban middle class. The budgetary provisions for India’s rising middle class are expect...Read More

Union Budget 2019: H. P. Rama Reddy, Chairman of Reliaable Developers’ reaction – RealtyMyths

Mr H. P. Rama Reddy – Chairman, Reliaable Developers This year’s budget has been announced on an optimistic note, giving a boost to the middle-class sector and the farming population of the nation. With the Finance Minister announcing tax exemption for income up to Rs. 5 lakhs and an increase in stan...Read More

Interim Budget 2019: Why Real Estate Market Should Cheer – RealtyMyths

 Being the last budget before the general elections, the industry was actually expecting a populist budget from the interim finance minister. However, Mr. Piyush Goyal indeed faired well and presented a well-balanced Budget, giving full impetus to every sector. The government’s decision to ext...Read More

Weekly News Round Up- RealtyMyths

Hey guys! Welcome back to a whole new set of weekly news roundup, where we inform you about the latest happening in the real estate world. So let’s get started! Beginning with Jewar airport. The Union Minister Mahesh Sharma announced, on January 30, PM Modi is likely to lay the foundation stone for J...Read More

Union Budget 2019: Affordable Housing gets another boost – RealtyMyths

Homer seekers have reason to be happy with the budget speech of the Hon’ble Minister Shri Piyush Goyal. For real estate in general and housing in particular, this is a positive budget speech. For the economy, it focuses on the farm sector and the middle class. I would rate it as “9 out of 10,” becaus...Read More

Budget Expectation of 2019 in The Real Estate Sector – RealtyMyths

Mr H P Rama Reddy – Chairman, Reliaable Developers As we near the end of a financial year, look forward to the budget with great anticipation as it plays an integral part in all our lives. Similarly, the real estate sector, which is key to the overall development of a country, has its expectations fr...Read More

Union Budget Expectation for Indian Real Estate In 2019 – RealtyMyths

Mr. Rakesh Reddy, Director, Aparna Constructions & Estates For the upcoming Union Budget 2019, the Indian real estate sector will be looking forward to measures that will increase demand, lower costs for developers and bolster momentum moving forward. The past two years have seen numerous policy ...Read More

Union Budget 2019-20: Expectations for real estate sector – RealtyMyths

The real estate industry has been facing some rough weather given the tough demand environment, which got aggravated further with the recent NBFC crisis. While the industry undertakes measures to revive demand, a much-needed impetus from the Union Budget will go a long way in helping turnaround the f...Read More

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