What Real Estate Got from the Budget

Infrastructure status to affordable projects Target of building 1 crore houses for the homeless by 2019 Affordable housing deadline of 5 years will bring down inventory Carpet area, and not built up area, limit for affordable housing will provide more space to buyers Holding to avail long term capital gains benefits has been reduced to two from three years Lower tax on JDA (Joint Development Agreement) to encourage land owners to partner developers, bringing down construction cost