The current market value of my flat in Pune is close to Rs 65 lacs. I purchased it for 17 lacs in the year 2005. Until recently, I used to feel really proud about my investment decision. It was something that I boasted about to all and sundry. Rightfully so, as my investment had multiplied… Continue Reading
This time around the budget has many proposals which directly and indirectly impact the real estate market positively. If we take the direct tax proposals, it has many goodies for the middle class and the salaried. Even though premium housing has emerged as a niche segment, the bulk of the housing demand continues to come… Continue Reading
The real estate sector which has gone through the sluggish sales in last couple of years has got some good reasons to cheer now. Increase in deduction on home loan interest, tax pass-through status for REITs, proposal for 100 more cities, proposal for ‘home for all’ programme, easing of FDI norms in real estate –… Continue Reading