To give impetus to the sluggish housing sector, the government in the
interim budget proposed many tax sops to incentivise purchase of second homes, and also announced relief for realty firms by extending tax rebate on development of affordable housing until next fiscal and not charging tax for two years on notional rent of unsold units.
The Real Deal decodes the budget for India's real estate sector.
Experts discuss whether the booster shots announced will accelerate sales and new launches of right priced homes in India.