Finance Minister Pranab Mukherjee’s move to withdraw one per cent tax deducted at source (TDS) on transfer of immovable property has brought relief to the real estate industry. The industry

Godrej Properties, the realty development arm of the Godrej Group, had planned as many as 15 launches in 2012-13, including new phases in existing projects, said Pirojsha Godrej, managing director.

The term ‘estate’ immediately brings to mind the image of a rich and wealthy individual. And ‘estate planning’ makes most relate to preparing a will when they are old.