With so much praise and close scrutiny, you would obviously wonder what the takeaway is, for realty industry and Noida real estate in particular, the largest single contributor to the GDP. And I must say, either a buyer or an investor, you won’t be disappointed.
Obviously, this ushers in a lot of possibilities in the already booming Noida real estate as happy home buyers reflect an overall positive sentiment. So, this creates a win-win situation for both, buyers and sellers.
Moreover, the tax relaxations are not all. Beside this the retail investors aren’t neglected as well. Government has given a pass-through status to REIT’s. After remaining stuck for quite some time, this step will revamp the investment in realty sector.
Then, measures have been taken to improve the fund flow in the industry. With encouragement of FDI, and a more comprehensive approach, project delays and lack of funds could be handled for even better customer experience.
So, all in all, the oncoming year and the budget has set new hopes for the industry which is expected to bring growth and prosperity for everyone.