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Budget 2013 expected to improve real estate sector
February 25, 2013February 25, 2013by In ECONOMY & POLICY

Budget 2013 expected to improve real estate sector

Optimism in the Indian real estate sector is slowly returning. It is a vital sector of the Indian economy that contributes significantly to the Indian GDP. Some of the issues faced by this sector include uncertain global headwinds, high inflation rates, subdued retail demand, high interest rates coupled with credit crunch, challenges associated with land acquisitions, stamp duty costs, non-standardised bye-laws and limited institutional exit options.