Buying low-cost houses made easier.

The article discusses the economic policies for the realty sector in the Indian budget for 2016. The article further mentions the introduction of more tax benefits for home loans beyond Rs. 35 lakhs in an attempt to lower the overall cost of buying a house. In addition, the service tax has been excluded on the construction of houses with the maximum area of 60 square metes. Moreover, the construction period has been raised from three to five years for availing tax exemption benefits.