Confusion is still on for the realty aid at the current concluded budget as it has missed many opportunities to solve one the most tense issue of the nation - housing. On a short note with www.propertykhazana.com, Pune division of Confederation of Real Estate Association of India states that “on the one hand finance minister speaks about eradication of slum from the metros and major cities of the nation but on the other hand he does not provide any aid for the buyers to increase the number of housing sale across the country”.
“Tax exemption from the housing loans and lessen the rate of interest was the two most expectation from the mid income group at the current budget session but it was all in vain” as added by Satish Magar – President of Pune CREDAI at www.propertykhazana.com . On an another note with MD Of Cushman and Wakefield India states that “though no immediate impact is observed with the current budget but it may yield some benefits at the long run of business in future which is mainly focused on urbanizations of the emerging areas”.
Though there are many oppositions from the various groups the Chairman of JLLM – Anuj Puri reveals that “now the realty house will be benefited with permission up to Rs 100000 crore which is more countable to bring up the on hold projects and upcoming projects with mega investments”. In addition flexibility norms for the highways will definitely increase the interstate connectivity and it will be lucrative for the new emerging areas. Schemes of Rajiv Awaas Yojna are also sure to up grade the housing at the slum affected areas of the major locations of the country. For more updates visit www.propertykhazana.com.
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