रेअल इस्टेट सेक्रेक्ट्स..........?????

It's no secret that all the major participants in the real estate market, namely developers and builders, consultants and even the housing finance companies haven't taken too kindly to the Kelkar committee's proposal in the gradual phaseout of tax exemptions on repayment of home loans

Apart from the steep decline in interest rates, easy availability of loans and affordable prices, the tax break on home loans has been an important factor which contributed to the recent boom in housing sector.
Consequently, real estate experts and consultants expect some slowdown in demand, especially for the mid-size housing segment of Rs 10-20 lakh (Rs 1-2 million) bracket.

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