Anugraha_ BUDGET HAS SOME GOOD NEWS FOR REALTY

http://www. anugrahabuilders. com/buildersanddevelopers. html Title BUDGET HAS SOME GOOD NEWS FOR REALTY The union Budget some positive for the realty sector. The external commercial borrowing (ECB) for low cost housing ,extension of the one percent... More

http://www. anugrahabuilders. com/buildersanddevelopers. html Title BUDGET HAS SOME GOOD NEWS FOR REALTY The union Budget some positive for the realty sector. The external commercial borrowing (ECB) for low cost housing ,extension of the one percent interest subvention scheme for low cost housing and service tax exemption on low cost housing up to an area of 60 square meters are good for the sector. The budget will give a boost to affordable housing by the Top real estate builders in bangalore. More options for investors The exemption of proceed from the sale of a residential property from capital gains tax, if invested in equity or equipment for small/medium enterprise, provides home owners with more reinvestment option. In the Union Budget for 2010-11, the Finance Minister Pranab Mukherjii had brought development of a real-estate complex under the ambit of service tax unless the entire amount is paid after completion of the construction. A ‘complex’ is defined as more than 12 re Less