Budget 2012 has some positives for real estate sector

The Union Budget has some positives for the realty sector. The external commercial borrowing (ECB) for low cost housing, extension of the one percent interest subvention scheme for low cost housing and service tax exemption on low cost housing up to an area of 60 square metres are good for the sector. The Budget will give a boost to affordable housing

By- Nitesh Kumar Singh
PGDM 2nd sem