Union Finance Minister Nirmala Sitharaman introduced the Budget in the Parliament today.
Harsh Parikh, Partner at Khaitan & Co. commented, “Government’s plan to implement a policy for rental housing market, is a big step to streamline residential renting market and can open doors to many large real estate players including foreign investors to establish large residential complexes and ensure smooth renting. Guidance to all States to rationalize stamp duty and to give more benefit for women buyers is also a huge welcome step”.
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