Budget Boost For Investors
Come Union Budget time and speculations go around on possible changes in tax slabs
, further measures to boost housing and of course tax sops on home loans. The industry pushes for more tax breakers, especially for affordable housing as this is a huge market that has been largely untapped due to the unfavorable market dynamics.
At this stage Anugrah builders and developers in bangalore experience and expertise in the area of architecture and design,
builders in bangalore,
villas in bangalore and Properties in Bangalore. Some of their constructions are green acres, green ville, sai anuragraha enclave.
Benefit for affordable housing
Land costs make affordable housing as a concept just now not possible within city areas. However, this budget has addressed the cause of affordable housing, especially with the extension of external commercial borrowing for low cost housing. This makes it possible for developers to get funds at lower cost for these projects. Also, the extension of the one percent interest subvention scheme for low cost housing is a welcome move for this realty segment.
The hug market for this segment was discovered in late 2008 in the wake of the slowdown when the budget of prospective homebuyers contracted. Also, the improved connectivity to suburbs thanks to the widened highway opened up larger land parcels for development there. The relatively lower cost of land in the suburbs made it possible to tap this market and hence the concept began to catch on.
Give the estimated shortfall of around 30 million houses in urban areas, the concept of budget housing getting a boost is most welcome and timely. In the years ahead, budget housing in major cities as well as tier 2 and 2 cities is set to find more demand.
Boost for manufacturing sector
The proposal to offer tax relief on capital gains from sale of house, if invested in equality in a small or medium scale manufacturing enterprise is good news for property investors. While it gives property investors more options to save capital gains, it also open up Nan value for the small scale manufacturing sector to raise funds.
More funds for industrial growth translate to more demand for housing in the long run. Growth in industry generates more employment and fuels demand for housing. This initiative is also set to drive more investment in the property give the increasing rental returns and capital values across the cities.
Rental housing stock
Any boost for property investment is good as it translate to higher residential housing stock in the rental market. With the rapid urbanization taking place across the country there is a need for more rental housing accommodates the influx in to cities. With the more job options openings up in the cities and hiring picking up, this market also create opportunities for property investors.
A thrust on affordable housing can lead to more investments in this segment, leading to more inventory for those looking at renting a budget home in the years ahead. Budget house in the vicinity of industrial belts will get a fillip with the demand on the one hand and tax benefits on the other incentives both developers and investors.
At this stage Anugrah builders and developers a Bangalore based construction company,has vast experience and expertise in the area of architecture and design, builders in Bangalore,
villas in bangalore and Properties Bangalore. Some of their constructions are green acres, green ville, sai anuragraha enclave.
Anugraha Builders & Developers are one of the top real estate builders in bangalore real estate market . The company is professionally managed by Mr.Tallam V Nagaraja & Mr.R Eshwar Rao a team of qualified and dedicated professionals and managers who have vast experience and expertise in the area of architecture and design, project planning and implementation, legal matters, procurement and marketing. Environment, Health and Safety management system standards with the scope of "Design, Development, Construction and Marketing of Residential ,Commercial Complexes and Villas in Bangalore". With this extensive experience Anugraha has become a known and established Land Developers in bangalore.builders in bangalore, villas in Bangalore, Bangalore real estate. some of their constructions are green acres, green ville, sai anugraha enclave.
Since 2008,anugraha builders &
developers in bangalore, are committed to design independent houses, develop properties in Bangalore, bangalore real estates,properties bangalore construct luxury villas in bangalore ,commercial, Residential projects and provide services to the Customer with an objective to exceed their expectations.
by: abhiram
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