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  • Real Estate and Budget 2012-13 Highlights... Read More
  • Suburbs with better infrastructure are doing well, with demand driven by middle-income buyers.... Read More
  • UP housing board to raise property rates... Read More
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Golden opportunity for NRIs to invest in Real Estate in India London


With the setting up of the London office of Easy2ownEstate, a professional service provider with international quality standards, there is a golden opportunity for NRIs in the UK to invest in the [ ... ]


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Real Estate and Budget 2012-13 Highlights

1. Increase in Service Tax from 10% to 12% would result in increase of landing cost for the buyers of under-construction property.

2. Finance Minister announces ECB for low cost housing. This would help raising low cost capital for construction of low cost housing. Low cost housing is not a very profitable option for the builders but the new proposal would make it slightly attractive for them and the buyers. This may result in more launches of affordable home projects which India really needs.

3. A subsidy of 1% extended to the home loan institutions for Home Loans up to 15 lacs.

 
 

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