Anticipating better days for the Real Estate Industry with the upcoming Union Budget 2019.
Rakesh Reddy, for The Hans India, The Property Times, Estrade, and Zricks
The numerous policy changes, in the past few years, have significantly impacted the Real Estate Sector.
These reforms have made a difference at the core of how the sector conducts its business. While these changes have caused some short-term challenges, we expect more stability and growth in the long run, especially with the Government’s support.
The Indian real estate sector will be looking forward to measures that will increase the demand for properties and lower costs for developers as a result of the upcoming Union Budget for 2019. Expectations also include initiatives that will revive the market and consolidate the reforms of the previous year. Some of the desired initiatives are Infrastructure Status, Single Window Clearances for all approvals, reduction of GST rate and lower income tax burden on Home Loans.
Our Director, Mr. Rakesh Reddy has extensively spoken about the expectations we may set for the Indian Real Estate Industry from the Union budget for 2019. He was quoted in multiple e-papers and e-magazine platforms. Read about it here:
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