Commercial Property for Sale in Yamuna Expressway by Findaksh
The biggest beneficiaries of REITs would be the companies with large rent generating commercial offices so the Commercial Property Sale in Yamuna Expressway can see a considerable high. With the introduction of Pradhan MantriA was Yojna to fuel the housing activity the government also proposed to give 100% deduction for profits for different housing undertaking in the metro cities that would be approved between the duration of June 2016 to march 2019. The proposal of exemption from service tax has also been proposed for the construction of affordable houses.
This move has brought clarity to the taxation of REITs however, there is a lot more to be done to push the investment vehicle. Commercial properties that can form a part of REITs as income generating assets are ready with the asset owners. But, for the retail investors the access to such properties is limited as of now and yet can be good for long term income generation. REITs that are long term income producing investment will have to give higher interests than the small savings investment to be worthwhile.