Budget 2019 – A great year for the Indian Real Estate Industry

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Budget 2019 – A great year for the Indian Real Estate Industry

Budget 2019 & Indian real estate

According to Indian real estate market observers, the Union Budget 2019 will prove to be a promising one for home buyers, investors, and developers alike. Developers will benefit from tax exemption on notional rent on unsold inventories (for up to two years). Along will extended tax exemptions for the home buyers as well, the big picture is all about a favourable real estate ecosystem and positive growth in the sector.

Expectations for Indian real estate developers

The Real Estate Regulatory Authority (RERA) Act, 2016 is being implemented in more and more states across the country. Along with that, the Union Budget of 2019 has proved to be a favour for both home buyers as well as real estate developers. Moreover, major metro cities such as Mumbai and Delhi are undergoing major expansion. This is leading to more potential space for new properties, and thus a significant overall boost in Indian real estate.

As a result, 2019 can be seen as a promising year for real estate business growth. Leading developers across the country are working on building large projects in a trusted and organized environment, under the supervision of RERA bodies. Thus, a long pipeline of homes ready for sale will soon emerge.

Budget 2019 – A great year for the Indian Real Estate Industry

New age home buyer Loyalty programs

You must make the most of this emerging transformation of the real estate sector. We suggest – developing a foolproof marketing strategy to yield more leads and conversion to sales.  A marketing solutions platform focuses on creating a unique experience for the home buyers of its real estate developer clients. As India’s most trusted real estate marketing solutions platform, Loyalie believes in complete and seamless execution of a quality experience. Right from prospecting to moving in and beyond, the buyer is kept engaged with events, loyalty offers and benefits.  You as a developer get to leverage your buyers’ loyalty and grow your real estate business.

To find out more about real estate marketing solutions by Loyalie, click here.

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