NBR Developers
  • more-arrow-down
    • Please wait while loading other cities loading...

Buyers still keeps distance from Realty counters

  • No. 1 Property Portal in India
  • Over 25 Lakhs Apartments and More
  • Post Free Residential Properties in India
  • Find Property in Bangalore
  • Buy/Sell/Rent Apartments in India
  • Search Latest Residential Property in India
  • Get Free Alerts on Property Requirements
  • Find Agents/Buyers for your Property
Indian Realty is still under pressure besides the most awaited assertion of Union Budget of the year 2012 -13. CREDAI - Bangalore head Sushil Mantri states that “the least bothered Government has not made any drastic changes to bring up the lost glory of Indian Realty except increasing the personal income tax slab to Rs 2 lakhs from that of Rs1.8 lakhs. It is a very minor walk to convey the buyers near to the realty counters”. Apart from this only 1 percent tax rebate is fixed for the slab of Rs 15 lakhs and has only a minor relief for the range of Rs 25 lakhs category.
As said by the source at the www.propertykhazana.com, there is another hammer on already injured realty segment of the country in the form of service tax which is hiked to 12 percent from the existing 10 % which in conclusion will make the production cost of a unit more than the present slump condition. On an another note MD of ‘Vaswani Group’ has revealed that “the realty arena had a pile of expectation from this budget session and was following thoroughly with a hope of better aids to the Realty - marking it in the level of ‘Industry’, but it was all in vain”. The added loads of service tax have rather increased its burden for both builders and buyers.
In a verbal communication, the Managing Director of NBR Group, Bangalore based famed realty house says that “this budget will no way serve the purpose of the Indian realty in any order”. In the long run, there may be some marvels expected, but at this instant, the union budget 2012-13 is not the good deed and many long awaiting demands of the industry are spaced out by the union government and the finance ministry, he added.
Same dissatisfaction yells from Girish H R of ‘Vakil Housing Group’ as he has mentioned it as one of the most uneventful act against the prospect of the Indian realty. “The current financial plan is a mixed bag where there is no sign of govt. concern for the looming Indian realty with various problems like scarcity of finances, high bank interest etc. and in addition new demon is the service tax accumulation” stated by Director of ‘Ajmera Realty and Infra’ – Dhaval Ajmera. For more and latest real estate news and updates follow us at www.propertykhazana.com.

Property Listings

Apartments, Flats and Property for Sale in Bangalore

Sep 21, 2016
http://www.mahaveerzephyr.contact-us-now.com Mahaveer Zephyr is a residential development of Mahaveer Group. It is located off Bannerghatta Road,..
Sep 16, 2016
http://www.salarpuriasattvaopus.contact-us-now.com Salarpuria Sattva Opus has pre- launched Bangalore a Premium Gated Community Residential..
Sep 14, 2016
Goyal Orchid Whitefield project is spread across 7 acres of land and it offers 1, 2, 2.5 & 3 BHK housing apartments with comfortable..
Sep 08, 2016
For Sale: Newly const. 2 bhk. Area: 1272 sft. Level: F/Floor Car Park: 1 slot. Price: 1.05 Cr. Incl. 1 Car park & deposits..
Aug 30, 2016
http://www.codenamefiverings.contact-us-now.com Codename five rings is brand new venture of developer, nicely instituted at Sarjapur in Bangalore,..
Aug 29, 2016
http://www.legacyestilo.contact-us-now.com Legacy Estilo Bangalore offers 1, 3 and 4 BHK apartments for buyers and consists of 58 units in all...
Aug 24, 2016
http://www.peninsulaheights.contact-us-now.com Peninsula Land is now in Bengaluru, with a luxurious gated residential complex “Peninsula..
Aug 22, 2016
http://www.legacycelino.contact-us-now.com Legacy Celino is located in Thanisandra, Hebbal to Airport in Bangalore. Legacy Celino is currently a..
Aug 16, 2016
Bhadra Legacy is a modern luxurious living space at a premium location of Bangalore, MG Road. The 19 super luxurious apartments offers a..
Aug 11, 2016
http://www.godrej17.contact-us-now.com Godrej 17 brings to the market a wide range of apartments for families of all sizes at an affordable price..

Apartments, Flats and Property for Rent in Bangalore

Sep 16, 2016
Fully furnished Flat for Rent at Cookes Town ( Lloyd Road) 3 BHK with Car Parking, Lift, Power Back up, 24hrs water, Good Location with all..
Jul 25, 2016
The House available for Rent is in the First floor The locality of house is Near Koramangala and Outer Ring Road House No. 12, 19thA Cross, Near..
Jul 02, 2016
Flat for Rent at Cookes Town 2 BHK with car parking 24hrs water, Lift, Power Back up, Good Location with all Basic Fecilities. Rent0..
May 28, 2016
A spacious 3 Bedroom flat is available for Rent in Kadugodi, Bangalore. It is located on the 2 Floor. It has a covered area of 1650 Sq-ft. The..
May 24, 2016
2bhk ready to move closer too all basic needs closer to all IT CO. very good and safe..
May 02, 2016
Flat for Rent at M.G Road (Vittal Mallya Road ) 2 BHK Ground Floor Built up - 1340 sq feet, North Facing 24hrs water, Lift, Power back up, Good..
Apr 28, 2016
New Flat for Rent at Frazer Town 2 BHk with car parking Lift, power back up,24hrs water Good Location with all Basic Fecilities, Rent..
Apr 12, 2016
3bhk Pent House For Rent in Akme Ballet Apartment For 52k Call SAIF Size: 3BHK (2300sft) Area: Outer Ring Road, Dodda Nekundi, Bangalore Land..
Mar 19, 2016
Rs20000 / 2br - 1100m2 - 2 BHK house for rent (kundanhalli..
Mar 18, 2016
*SPACIOUS FLAT WITH EXCELLENT DAY LIGHT( NATURAL LIGHT) AND AIR CIRCULATION * Furnished with Sofa set, TV cabinet , Double bed , Exhaust Fans,..