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Corporate Tax Rate Cut to Boost Demand for Luxury Housing, Warehousing and Commercial Real Estate

Finance minister Nirmala Sitharaman, in order to lift business sentiment and spur investments, slashed corporate tax rate – to 22% from 30% for domestic companies – and proposed a competitive 15% rate for new investment in manufacturing. In effect, she offered ₹ 1.45 lakh crore fiscal boost, aiming to revive growth. The government’s decision to cut corporate tax will have a ripple effect on all sectors including real estate, improve liquidity of cash-starved developers and boost property demand especially in Continue Reading

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NHAI
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Elevated Flyover and Underpass to Unclog Traffic Near Ambience Mall – Cyber City Stretch

The National Highway Authority of India (NHAI) has started the construction of an underpass and an elevated flyover on the Delhi-Gurgaon Expressway near Ambience Mall. The work is scheduled to be completed in 18 months. These two passages have been long-awaited and are planned to put an end to traffic jams at Shankar Chowk and the defunct Sirhaul toll plaza. In the absence of safe passages such as an underpass or a flyover, commuters used to face difficulties in crossing Continue Reading

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Banks to Lead India Home Insurance Market Until 2024: A Homeowner’s Guide to Home Insurance

According to a TechSci Research report, increasing cases of property damage from natural calamities or theft are set to drive the Indian home insurance market during forecast period of 2024. The report also states that the Indian home insurance market is expected to grow at a steady CAGR during the forecast period on account of increasing concern for safety and security. The key factors listed by the report attribute rise in the tourist traffic, increasing natural calamities and rise in Continue Reading

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Boost For Housing Sector
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Finance Minister Announces ₹20,000 Crore Last Mile Affordable Housing Package to Benefit 3.5 Lakh House Owners

The Finance Minister Nirmala Sitharaman on September 14, 2019, announced a slew of measures for the real estate sector to fund stuck housing projects and ease borrowing norms for lenders financing affordable home buyers. The Finance Minister announced a last mile ₹20,000 cr affordable housing package to benefit around 3.5 lakh home owners. The government will contribute around ₹10,000 cr to this fund on the lines of NIIF, while investors like LIC, private capital, sovereign funds, DFI will contribute the Continue Reading

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Hero-Homes-Sector-104-Gurgaon
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Hero Homes Sector 104 Gurgaon | Expected to Launch Soon

Hero Homes Gurgaon – The Address for Affordable Luxury at Sector 104, Planning to buy your first house in Gurgaon? Looking for a strategic location, spectacular architecture, lavish interiors and enticing features? Here’s an opportunity that you’ll not want to miss. Bringing together the finest features of form and functionality, Hero Realty Private Limited, is all set to launch its new residential project – The Hero Homes, Gurgaon. To top it all, the company’s first project in the region is Continue Reading

Posted On : Published By : PropertyXpo