Experts' Take
Dhruv Agarwala, CEO, PropTiger.com
The Government lowered the built-up area and minimum capital requirement For FDI in construction. It also gave pass-through status For REITs, and eased MAT norms and capital gains tax rules. The land acquisition and the real estate Bills have many favourable provisions. The performance of the Government in the past one year was quite satisfactory.
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