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About us It was late back in 1989 when our Chairman and Managing Director Mr. Sanjeev Agarwal and Rajeev Agarwal, respectively held the torch to provide world class financial services to the investors across the Indian Sub-continent. This initiative has offered best ever services and solutions that has magnated more than I lakh retails, HNI and institutional investors to the group. With holding a temperament to think about out people, we stepped in the shoes of real estate in 2009, with an aim to provide best and secured housing and commercial solution. This has further garnered the group to open more than 170 branches across India. With over 26yearsof experience acting as a guiding force, more than 250 vigilant professionals, and modern office support systems geared to meet the dynamic changes of the financial and real estate markets, the Wealth Mantra Group stands all amongst the myriad opportunities available in India.
What is all in the union budget kitty for your housing Well, Union Budget is such topic which when discussed in media pumps up the heat. This time too, union budget has a lasting effect. According to recent news, union budget for 2017-18 gives an impulse to infrastructure and affordable housing sector here in India. This has really made the blow effective with affordability for all type of housing for the native of this country to reside.
Remember, if you want to proceed in this sector you have to be vigilant with the infrastructure status by the affordable housing. Related to this, it too has benefits which stands qualified for an affordable housing making. Apart from magnating better investment, it too develops two-tier and three tier cities which tries to gallop in this competitive world. As an advantage, builders now net sectors which are positioned with flexible long term funding. So, in overall this year’s budget is fruitful for all the infrastructure dealing companies.
According to LTCG or Long Term Capital Gains Tax gestation for land and immovable assets has been increased to two years. If talking about real estate companies on Lucknow, it would be a boon for them and they would likely to give possession on time and without any delay. If you Buy Flat in Lucknow which like mushrooming in the city nowadays would be given a green signal and thus the authority would also grant residential land permit when seek by the builders. Coming back to the topic, this might help the numbers of sales in the residential sector and on the other hand it would allocate the financial gains when the investment would be under scanner.
Now apart from residential sectors, State and National highways has also moved beyond. If Rs 369,134 crores has sanctioned for infrastructure, then Rs 60,000 crores has got sanctioned for highway and road ways. This will not only give a boost to residential localities on the fringes of the city but also it would improve the connectivity with other places. At least, about 5% of the exemption can be enjoyed by many small builders who were earlier got trapped down by the effects of demonetization.
Address: Wealth Mantra Group of Companies402,Shalimar Titanium, Vibhuti Khand, Gomti NagarLucknow 226010 U.P.(INDIA) Call us on: +91-9919991791, +91- 9919990310 Visit us on: http://www.wealthmantrarealty.com