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Impact of budget on property market,

(72532)
Saturday, June 2, 2012 06:35 AM 

What would be impact of budget 2012-13 on the property market? I think the upward trend of property price will continue because the budget is deficit by Rs. 1.105 trillion and this will cause hyper inflation and hence there will be increase in prices of almost everything including property.

imran replied on Saturday, June 2, 2012 07:34 AM 

as one going to pay tax if he gona sale his property widin 1 year or in two years dats y investors would b out of the property business and prices will cum down to its actual

Ali Abbas replied on Saturday, June 2, 2012 08:04 AM 

if an investor is getting for example 5 lakhs profit i dont think he will stop investing becoz of 25000 of tax on it. n o effect on property prices
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