Finance Budget 2024 suggested lowering property long-term capital gains (LTCG) tax from 20% to 12.5% and eliminating indexation. This shift affects real estate investors greatly. Ghar highlights key points:

The Finance Budget 2024's LTCG tax parity at 12.5% for all financial assets and angel tax elimination would promote family office investments in India's startup ecosystem. This should boost early-stage investments and exit opportunities.

India's real estate sector would benefit from the Finance Budget 2024's emphasis on affordable housing, infrastructure, and urban planning. The reasons are given by Ghar.

Indian real estate is hopeful for major improvements when Finance Minister Nirmala Sitharaman presents Budget 2024. The business anxiously awaiting affordable housing definition extension, industry classification, and tax benefits for homebuyers and developers.

On Thursday, the Union Finance Minister published the interim Budget 2024, showing that the real estate industry will benefit from the government's comprehensive national development strategy.