Government to Offer Choice on Real Estate Indexation Benefits for Pre-July 2024 Property Buyers

New Delhi (PTI): The government has announced plans to adjust its approach to real estate indexation removal, providing flexibility to property buyers who made purchases before July 23, 2024. These individuals will have the option to either retain the existing indexation benefits or opt for the new regime.

This decision aims to offer relief and maintain fairness for property owners who invested before the policy change, ensuring they can choose the most beneficial tax treatment for their real estate assets.

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