Contemporary Bengaluru After Union Budget 2016-17 5% GDP Growth.Pay less for house <60 Sq. Mt. carpet area.Supply of Affordable House.Resale Supply still outpacing demand.
5% GDP GrowthThe easy way to do business and bring back the steady state for manufacturing sector is the two major motto of this central union budget.This year Innovative reforms help India to go free from the 5% GDP growth path.This is the small step for reminding India is a potential country to be economically super power.
Pay Less for House <60 Sq. Mt.The union budget announces to give 100% deduction for profits to those who buy home less than 6 Sq.mt.This 100% deduction of profits for flats up to 30 Sq.mt in four main metro cities and 60 Sq.mt in other cities.The survey says that this exemption on affordable housing will bring nearly 15- 20% profits.
The Indian People is going to be benefited in this central union budget plan of 2016-2017.The affordable homes plan is going to meet the 90% demand for homes in India.This deduction is recommended for the projects approved between June 2016 and March 2019 and should complete the project within three years from the year of starting.Supply of Affordable House.
Resale Supply still outpacing demand.The realty firm analyst says there will be growth in private residential resales throughout this year.Bengaluru comes first for resale homes and the landlords in this area focus on renovation of houses to make it same as like earlier.Hosur is a big industrial town and located 30 kms from the city. It is known as the gateway of Karnataka. Hosur is considered as the satellite town of Bengaluru.The main advantages of proximity to Bengaluru is the main reason for booking resale house in Hosur. Find here for a dream home in Hosur : http://property.sulekha.com/resale-individual-houses-in-hosur-bangalore-for-sale
