Although the Union Budget 2008-09 does not bring any explicit benefit for the Indian real estate sector, restructuring of tax-slabs is likely to enhance liquidity in the economy. As a result, people wishing to buy real estate for themselves will have higher disposable income saved out of tax breaks, and this way a number of people would either be able to buy property or at least save for the down payment, in case they opt for a home loan.
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