New Delhi, Feb. 1 -- The Union Budget 2025 has brought forth significant reforms aimed at revitalizing the real estate sector, particularly in the affordable housing segment. The reintroduction of the Credit-Linked Subsidy Scheme (CLSS) and tax exemptions for developers focusing on affordable housing will not only encourage homeownership among the economically weaker sections but also drive much-needed growth in the sector. These measures will play a crucial role in making housing more accessible and affordable for millions of Indians.

Published by HT Digital Content Services with permission from The Property Times....