10 Things From The Union Budget 2014 That Could Impact Property Investments
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10 Things From The Union Budget 2014 That Could Impact Property Investments

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With the maiden budget of Modi government finally unveiled, the foundation bricks of “Ache din” has been laid by the Finance Minister for the realty sector. To pave the road for future development ...

With the maiden budget of Modi government finally unveiled, the foundation bricks of “Ache din” has been laid by the Finance Minister for the realty sector. To pave the road for future development and infuse positive sentiments in the market, the sector was eagerly waiting for this budget. And with a slew of progressive measures announced, real estate and infrastructure seems to have got the lion’s share in the Union Budget 2014.

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10 Things From The Union Budget 2014 That Could Impact Property Investments 10 Things From The Union Budget 2014 That Could Impact Property Investments Presentation Transcript

  • The tax rebate on home loan interest has been raised from 1.5 lakhs to 2 lakhs which will directly benefit the home buyers. #1
  • The Tax slabs for all under 80C has been revised from 1 lakh to 1.5 lakh which enables to save money. #2
  • PPF limit has been raised from 1 lakh to 1.5 lakh , so people will be able to save a little more money. #3
  • There has been a major push on infrastructure projects which will push real estate growth to benefit all. #4
  • The affordable housing project matches well with their vision for Housing for All by 2022. #5
  • The Union Budget has proposed tax pass through status for Real Estate Investment Trusts (I-REITs) in India. #6
  • The vision for 100 smart cities will benefit people and lead to steady and holistic growth of the cities. #7
  • The 5 industrial corridor projects – Delhi - Mumbai, Amritsar - Kolkata, Bangalore - Mumbai, Chennai - Bangalore and Vizag - Chennai will have huge impact on the real estate on the country. #8
  • The government’s measures for Urban renewal will improve connectivity, provide new airports and better infrastructure for us. #9
  • With smooth minimum threshold conditions in FDI, there will be a spur in opportunities for cheaper capital in smaller projects and projects will be delivered on time. #10
  • Looking for answers for your property questions?
  • CommonFloor.com is India's leading property search portal. On a mission to make property search hassle-free, transparent and fruitful; CF has best of breed property search on maps, property search mobile apps and an extensive section for knowledge resources and advice in real estate.