Budget Builder floor for rent in Sector 20 Panchkula Chandigarh

The Delhi Development Authority (DDA) has pegged its Budget Expenditure for the financial year 2018-19 at over Rs 8,000 crore. To turn the national capital into a "world-class city" through various projects, the DDA would spend Rs 3,633 crore on building houses and shops, Rs 765 crore on land acquisition, Rs 2,348 crore on land development and Rs 1,286 crore on establishment.

Supported by a slew of overarching regulatory reforms, large-scale affordable housing schemes, home finance subsidies and low-interest rate regime, the real estate sector in India is all geared up to take the challenges in stride and come back on track in 2018.

Are you a homebuyer planning to invest in property? If that is the case, April 18 is your day. This year, Akshaya Tritiya is falling on that date. The occasion is considered to be auspicious for making new investments. This day is also ideal to perform the Griha Pravesh ceremony.

The real estate sector is disappointed with the Budget 2018-19 as Finance Minister Arun Jaitley seem to have ignored key expectations of giving an industry status to the sector and bringing tax relief for the middle-class segment.

In a move that is likely to help authorities meet the twin objectives of generating more revenues and equalising the differences in rates in various sectors, the Gurgaon district administration has hiked circle rates by up to 20 per cent, for the second time in two months. The revised circle rates come into effect from April 9. It was on February 12 when circles rates were revised in Gurgaon after a gap of four years.