Skip to main content
  • Home  
  • News  
  • Residential sector has a high scope of demand due to Tax Reduction
Jan 20, 2020
Mr. Rakesh Reddy
Director, Aparna Constructions, Multiple Sources

The recent Tax relief policies, increased deduction on home loans, and rationalization of GST has turned in the favour of home-buyers. As buying property continues to become affordable, it also increases the demand for the realty sector. Our Director Mr. Rakesh Reddy has anticipated the various factors affecting this demand, here are some insights:

  • Income tax relief: The market opportunities can widen up as tax relief can make property affordable for home buyers.
  • Implementation of Alternative Investment Fund (AIF): By providing funds to the stalled projects, not only the construction groups can benefit, but the home-buyers awaiting for their properties too.
  • GST rationalization: The reduction of GST on the under-construction projects had a minimal impact. However, further rationalisation by the government on the construction materials can help bring down the cost burden of the under-construction projects.
  • Industry status: With the provision of Industry status, the realty sector can benefit from the lower cost of financing and affordable rates for the home-buyers.
  • Single window clearance: As construction processes can take a huge time to complete, the duration can be cut down by streamlining the process and implementing single-window clearance.

To know more about how these factors can help boost the demand for the realty sector, read the full articles here

LINK

99 Acres

Deccan Herald

CEO Insights

Zricks

The Hans India

Share

RECENT NEWS

Aparna Constructions to Launch 4 Malls by 2027, Next Opening Slated for 2025
Aparna Constructions to Launch 4 Malls by 2027, Next Opening Slated for 2025

Aparna Constructions has been featured in an article by IndiaRetailing titled “Aparna Constructions to Launch 4 Malls by 2027, Next Opening Slated for 2025”.

In this piece, Rakesh Reddy, Director of Aparna Constructions, offers insights into the expansion of our portfolio. He discusses our ambiti

Aparna Constructions Launches Two Residential Gated Community Projects in Hyderabad!
Aparna Constructions Launches Two Residential Gated Community Projects in Hyderabad!

Aparna Constructions has been featured in multiple publications for launching two new luxury apartment projects in Hyderabad, Aparna Newlands and Aparna Sarovar Towers, with a total investment of Rs 2,425 crore.

Rakesh Reddy, Director at Aparna Constructions, offered insights into these ambitious

How India’s Real Estate Sector is Paving the Path to a $1 Trillion Market!
How India’s Real Estate Sector is Paving the Path to a $1 Trillion Market!

Mr. Rakesh Reddy, Director, Aparna Constructions, offers insights into the growth of India’s real estate sector in the article “Building the future: How India’s Real Estate Sector Is Paving The Path To A $1 Trillion Market,” published by EPC World.

In this article, he discusses the factors behind

Aparna Constructions’ Foray Into the Retail and Entertainment Segments is Another Monumental Step in Our Growth Trajectory
Aparna Constructions’ Foray Into the Retail and Entertainment Segments is Another Monumental Step in Our Growth Trajectory

Aparna Constructions has been featured in multiple publications for its recent investment of ₹ 284 crore for its foray into the retail and cinema business verticals.

Mr. Rakesh Reddy, Director of Aparna Constructions, offers insights into this strategic expansion, emphasizing our vision to divers

Smart Home Technology is Not About Just Comfort, Its About Crafting Personalized Living Experience
Smart Home Technology is Not About Just Comfort, Its About Crafting Personalized Living Experience

Aparna Constructions has been featured in Homes India Magazine in their article, titled “Future Trends in Smart Home Technology: What to Expect,” Which offers insights from Rakesh Reddy, Director, Aparna Constructions. He discusses the transformative impact of smart home technology in enhancing living