Photo by thinkpanama A week after the budget is announced, it has turned up to be a matter of concern for the Realty companies. Imposition of a service tax of 10% on the cost of construction hand in hand with a hike in interest rates by 0.25-0.5% the industry is looking forward to some different […]
Tag: Low Income Housing
Realtors look at ‘affordable’ flats for cash flows
December 5, 2008 – 1:57 am
After launching mid-income houses, real estate companies are now targeting low-priced homes in the sub-Rs 10 lakh category to improve cash flows and beat the slump in the property market that has been driven by high borrowing rates. Unitech, the Delhi-based property major, has applied to the Haryana government to develop houses in the Rs […]