
Longer Tax Holiday For Affordable Houses
Excerpts from the Article:
The budget proposes tax exemption for promoting rental housing projects for migrant workers
Aditya Kushwaha, CEO of Axis Ecorp, said the announcements made in the Union Budget with respect to the realty sector would not only improve the customer buying behavior but would also boost investments coming through the NRI route. “This move will also give a boost to holiday homes and commercial real estate in the country,” he said.