Commonfloor analyzed builder sentiment on the upcoming Union Budget 2020 from over 300 builders across India. Attached is the infographic from Commonfloor that has some insightful views and expectations from real estate builders.
Below are few key takeaways:
- Builders in Bangalore and Delhi are the most concerned about the liquidity of NBFC credit and are looking forward to increased support to the NBFCs in the Union Budget 2020.
- Also, Builders say that government policies like higher GST on under-construction projects and the absence of single window clearances among others are some of the factors affecting homebuyers’ sentiments which can continue into this year as well if not addressed in the upcoming Union Budget.
In the infographic you will find the builders views on :
- Top solutions expected from Budget 2020
- Factors that boosted real estate demand this year
- Factors effecting home buyers sentiment
- Expected reforms to help boost FDI in real estate
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