Latest Answer: Hi jeet,
As per my knowledge, Concept Homes can vary either slightly or significantly from traditional homes. These homes are not restricted to only apartments as one can have independent villas too. It all depends on the concept of the project. Now a days end users are getting more attracted towards concept homes.
Latest Answer: Due to the budget announcement, luxury housing might impact marginally. This is about a provision related to property worth over Rs 1 crore. The rate of abatement on homes and flats of above 2,000 sq ft, or costing Rs 1 crore and above, has been reduced from 75 percent to 70 percent in the Budget. According to a real estate expert, the benefit will motivate property buyers in small cities. It was said that there will be some benefits in selected locations like Noida Extension in the NCR, but there won’t be any benefits in markets such as Mumbai.
