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Positive Impact of Budget 2014 on Real Estate

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Positive Impact of Budget 2014 on Real Estate

The Union Budget 2014-15 was presented in parliament under economic circumstances requiring tax revenues to keep pace with targets. Mr. Arun Jaitley has given a fresh lease of life to the cash-strapped real estate sector and announced that Real Estate Investment Trusts (REITs) would soon be allowed. REITs, which are a fairly successful concept internationally, would get a […]