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Giving industry status to the real estate industry will attract huge foreign direct investments into the sector giving developers a major reprieve due to want of funding options available in the country. This will result in faster completion of projects thereby reducing cost of project resulting in property prices offered at reduced cost to home buyers.
Bringing down interest rates on housing loans will encourage buyers to purchase their dream homes as it will make buying property more ..
Read full story: Budget 2015: Govt must give industry status to the real estate, says Rajesh Prajapati
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