Realty Division Hopes for New Phase extension 2015:
Within a span of six months since the new Government took over, there is a growing positivity surrounded by the real estate sector that can now hope for a new phase of growth: be it in the profitable or the residential segments. The Indian government has allowed overseas direct investment of up to 100% under the custom route in real estate projects. This will be for housing, townships, commercial and industrial construction to boost infrastructure activities. Amarprakash review really supports all aspects and thoughts for their clients by giving amazing living apartments.
To ensure that there is an authentic effort to increase affordability, the administration announced some key reductions in the direct tax structure in the interim financial plan. Increased profits coupled with increased tax benefit will go a long way in inspiring home buyers who have been reeling under the anxiety of high inflation and high interest rates. This will be for housing, townships, profitable and manufacturing construction to boost communications activities in India. This will help boost urbanisation, chiefly in tier-2 and tier-3 cities, which were struggling to develop big projects. It will create a better milieu for growth of real estate, backed by a strong financial system and end-user confidence.