The Indian real estate sector seeks relief in the Union Budget 2021-22. Key demands include GST offsets, tax relief for homebuyers, and continued funding for affordable housing projects. These measures aim to boost demand and address the liquidity crunch.
Noida Sector 121 is gaining popularity due to affordable housing, strong infrastructure, and corporate growth, making it a prime location for property investment in Delhi NCR.
The 2019-20 Union Budget prioritizes affordable housing, introduces a model tenancy law, and allocates significant funds to infrastructure, impacting the real estate sector.
Bangalore's real estate market is recovering post-demonetisation, with rising luxury and affordable housing demands driven by a growing population of HNWIs.
Badlapur, a town near Mumbai, offers affordable housing and a booming real estate market. It attracts those working in Mumbai but seeking a more affordable and peaceful lifestyle with good amenities.
Budget 2013 misses key real estate reforms, impacting the sector, and focusing on affordable housing while increasing the burden on higher earners through TDS on properties over Rs. 50 lakh.