2015 Budget: Government must give the real estate industry status
Give the industry position of the real estate industry will attract a lot of foreign direct investment into the field to enable developers mainly due to probation in the country selected existing funds. This will result in faster completion of the project, thus reducing the cost of providing leads to lower prices to the buyers cost of the project.
Down home loan interest rates will encourage buyers to buy their dream home, it will purchase the property for more .. Focus on key areas of government priorities is to provide financing to the housing industry to lower costs and create an atmosphere faster approval mechanism. At the same time, focusing on ease regulate the purchase of land, because it is the basic raw material.
There is an urgent need for a new government to focus on domestic development and the real estate industry incentive policies. Our desire is to:
> Give the industry position of the real estate industry
> On the other hand, lower interest rate home loans
> Delete, or at least drastically reduce the service tax
> Income tax exemption specifically for EWS and LIG affordable housing
> Construction Company can borrow at low interest rates
SOURCE : WEB

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