 "Tax benefits, taxes, Direct taxes, Real Estate, tax breakup, tax relief")
Real estate developers are hoping that the slew of tax concessions announced in Union Budget 2025, set to take effect this financial year, will spur demand for affordable and mid-segment housing, even as the broader housing market shows signs of fatigue.
These hopes come against the backdrop of a looming global recession that could nudge consumers to prioritise savings or essential expenses such as education, according to senior industry executives and tax planners.
“When individuals have more disposable income due to lower taxes, that extra cash in hand can go towards down payments, support higher loan eligibility, or help manage
