Real estate incentives have to go beyond fiscal incentives

Q: The real estate experts said that real estate incentives have to go beyond fiscal incentives. Why so?

Nagesh, Bangalore

28th September 2012

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Replies (5)

I heard that the ministry may soon announce a set of measures to boost the country’s real estate sector.

Srinivas Rao , Bangalore

1st October 2012

Comment

According to the survey, Greater availability of land, tax incentives for the economically weaker sections (EWS) and the low-income groups (LIG), low land cost through higher floor space index and short approval process for projects are being highlighted as some of the positive changes.

Kanthi Sridhar, Bangalore

1st October 2012

Comment

Observers and analysts feel that the government should go beyond offering fiscal concessions and address the other issues as well.

Rakesh, Bangalore

1st October 2012

Comment

According to sources, the finance ministry is in the process of formulating reduction of lending rates by banks or relaxation of norms for classification of their real estate exposure.

Abhilasha, Bangalore

1st October 2012

Comment