No significant impact of removal of indexation benefit, say realty players

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The story "No significant impact of removal of indexation benefit, say realty players" was covered 4 hours ago by Business Standard, a news publisher based in India.

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No significant impact of removal of indexation benefit, say realty players - Business Standard

Quick Summary:

Abhishek Raj, founder and CEO of Jenika Ventures, said there may be a “transitory drop” in demand and prices of homes in India.

Cybercrime costs to hit $10.“This adjustment is expected to make real estate a more attractive long-term investment,” he said.

Dhaval Ajmera, director of Ajmera Realty & Infra India, said these changes were “positive” for the sector, aligning with other asset classes like equity, stocks and gold.