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Budget watch: Real estate sector wants industry status, tax relief

Budget watch: Real estate sector wants industry status, tax relief

The real estate sector, which has seen new highs in terms of sales as well as launches in the last one year, expects the Centre to grant it the status of an industry and offer some tax breaks to support low-priced homes, several top executives told Business Standard. Pavitra Shankar, managing director at Brigade Enterprises said that the industry status has been the sector's "one of the long-standing demands"

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