Budget 2013 has been an impetus for infrastructure sector. Industry leaders welcomed the various progressive measures taken in the budget.
Tag: Union Budget 2013
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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.