India Cuts Tax on Housing to Boost Real Estate Before Elections
Laborers prepare reinforcing steel at a construction site of a luxury residential project in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

India Cuts Tax on Housing to Boost Real Estate Before Elections

(Bloomberg) -- India lowered tax on unfinished residential buildings and affordable houses to boost the real estate sector, as well as to ease the financial burden on home buyers.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.