Government policy Leave a Comment / realestate / By Rishi Saraf Government policy for real estate OverviewThe Government is continuously improving policy towards real estate sector. N e w s Nagpur Metro region development plan Farmers to get 5 times compensation for Samruddhi Super Expressway… Model bye-laws for clearances to building… Unauthorized constructions legalized… MMRDA to expedite development in Maharashtra… Govt to help in development of unauthorized layouts… Ground rents reduced in nazul areas… Affordable housing huge interest subsidy… Service Tax exemption to affordable housing… Additional interest deduction for home buyers… Metro rail route for liberal FSI… Satellite survey of land in Maharashtra… Transmission lines 4 times compensation likely… Charges in no-development zone reduced… Government has exempted REITs & IITs from DDT… Podium parking allowed in Nagpur… Big building tax exemption for small plots… Encroachments on govt lands- Policy to regularize… Call Now