감세로 인해 인도의 부동산 수요가 증가, 그러나 많은 문제가 남아 있다 Tax cuts should boost Indian realty demand, but many issues linger
[INDIAN REAL ESTATE NEWS] Good morning, everyone. I’m Kim suhyeon staff of Kamagroup Pvt. Ltd. Here I have an important Indian real estate news to share with you which is as undermentioned.
MUMBAI: A tax cut by India to help the country's troubled housing sector should boost home sales, but by itself will not be enough to put cash-short developers on more solid ground, say industry executives.
On Sunday, a government body said the tax on under-construction residential houses in April will drop to 5 per cent from 12 per cent, while that on lower-priced projects classified as "affordable housing" will be cut to 1 per cent from 8 per cent.
The measure is one of a series by Prime Minister Narendra Modi's government to try to stimulate consumption as he and his Bharatiya Janata Party face nationwide elections by May.
Finance Minister Arun Jaitley said the real-estate tax change "will give a boost to housing for all".
Read more at: https://economictimes.indiatimes.com/wealth/real-estate/tax-cuts-should-boost-indian-realty-demand-but-many-issues-linger/articleshow/68180060.cms