2017 Union Budget of India brought back smile on the faces of prospective buyers of real estate properties. A short discussion.

1. 2017 BUDGET
HIGHLIGHTS
ON THE INDIAN
REAL ESTATE
The housing and real estate
industry in India is optimistic about
the perks offered by the
government in its budget proposal.
Significant points of 2017 budget in
relation to the real estate industry
in India have been jotted down in
the next slides.

2. HUGE FUND
FOR THE GROWTH OF
INFRASTRUCTURE
ALLOCATION
For the 2017-2018 union budget, govt has
allocated Rs. 3, 96, 135 crores for the
infrastructure sector
Infra industry experts have hailed this additional
focus saying that this would boost the growth of
this major development driver

3. GOOD NEWS
FOR THE HOME BORROWERS
A good news for the home loan applicants with
higest loan amount
The banks have already reduced their lending
rates giving the surplus liquidity formed by the
demonetisation

4. INFRASTRUCTURE
FOR AFFORDABLE HOUSING
STATUS
Affordable housing has been accorded with
infrastructure status
This means that the fund that has been allocated
by the govt for the development of infrastructure,
would be used in proportion for the construction
of affordable houses as well

5. EXTENDED
FOR AFFORDABLE HOUSING
CARPET AREA
Great news for the buyers of affordable houses
According to new rules, the carpet area
measurement would be 30 and 60 square metres
Previously, it was applicable for the measurement
of the built up area

6. REDUCTION OF
ON REAL ESTATE BUYERS
TAX LIABILITY
A relaxation upon the long term capital gain
Tax relaxation on joint development agreements

7. THANK YOU
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