10 expectations that Budget 2019 must address to boost realty sector
Updated : January 28, 2019 03:06 PM IST
With GST, stamp duty, income tax, and capital gains tax, investing in real estate is not considered as a friendly option anymore. Therefore, an income tax rebate could be provided for new home buyers.
In order for the government to achieve their objective of ‘Housing for all by 2022’ under 80C, the limit for principal repayment should be increased from the current Rs 1.5 lakh, especially for affordable housing or such principal repayments should be a separate limit outside Sec 80C.