Real estate firms will also benefit from the one-year exemption on notional rental income from unsold inventory. Infrastructure status to affordable housing in the Budget 2017-18 will have a positive impact on low cost home segment but the impact will be muted in the luxury and mid-income residential segments, according to Moody's Investor Service. The introduction of the cap on the amount of losses that can be off-set will continue to keep the investors away from the mid-tier and high end segments of the market.
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