Interest in green living is rising, with clean air and open spaces becoming key selling points for residential projects, particularly as Indian cities struggle with deteriorating air quality.
The finance minister clarified that indexation benefits offered until April 1, 2001 would be protected. This means older properties, including legacy assets, would benefit.
Clear pending Real Estate Regulatory Bill with other administrative reforms, says Ravi Saund.
With sentiment up, launch of new projects revives, though much dissent on whether this is a real return of a positive market