Budget 2012 Archives - India Real Estate Monitor

Tag: Budget 2012

Positive effect of Budget 2012 for Mumbai’s Real Estates.

March 20, 2012 – 5:19 pm

The increased allocation for highways and other infrastructure projects will help boost development of Mumbai’s outskirts and increase the supply of housing units there. This will result in price stability and affordability over the long term. The investment-linked deduction of capital expenditure in affordable housing, proposed to be raised to 150% from 100%, will also […]

By skgupta | Posted in Property News | Also tagged Boisar, Delhi-Mumbai Industrial Corridor project, Dombivili, external commercial borrowings (ECBs), Global Financial Crisis, Infrastructure Projects, Karjat, Low-Cost Housing, Mumbai's outskirts, Mumbai's real estate, Nalasopara, Positive effect, real estate private equity investors, Venture Capital Fund (VCFs), Virar | Comments (0)

Pros and Cons of the Union Budget 2012-13.

March 16, 2012 – 6:18 pm

Beginning with the Budget 2012, it is difficult to see the raising of the personal income tax exemption limit from Rs 1.8 lakh to Rs. 2 lakh as anything more than tokenism. It is certainly not relevant for the aspiring Indian middle-class home buyer. The expected exemption limit of Rs. 3 lakh would have had […]

By skgupta | Posted in Property News | Also tagged 1% tax rebate for home loans, Aunj Puri, Capital Gains Tax, Chairman & Country Head, Indian middle-class home buyer, Jones Lang LaSalle India, personal income tax exemption limit, Pros and Cons, service tax rate, significant foreign capital inflows, Union Budget 2012-13. | Comments (0)