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What is the impact of Budget on home-buyers?- Property Hotline

Posted

February 7, 2017

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Expert: Ashwinder Raj Singh, JLL India

Question: My Budget is Rs. 79 lakh and I am planning to buy a 3BHK house in Thane. Is it a right time to buy? And what is the impact of Budget on home-buyers?

Answer: Your budget of Rs. 79 lakh is slightly tight to buy a 3BHK house in Thane. You will have to stretch a little bit more to get the right kind of apartment. Budget 2017 had focus on housing with many benefits given to homebuyers. From an investor’s point of view, the indexation benefit has been given and even the liquidity has increased. There has been a great boost for affordable housing with people getting great access to better interest rates and lower home loan rates.

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