he could be jailed experts feel that it would be more prudent to punish an economic offence with a penalty rather than treat it as a criminal offence the slowdown in sales has caused a severe cash crunch among developers forcing them to borrow from nonbanking financial companies nbfcs private equity players and private lenders at high rates thereby making housing more expensive fund flow to real estate from banks and housing finance institutions needs to improve says kumar this will happen only if the rbi relaxes the provisioning norms and caps applied to realty lending the securities and exchange board of india had released the draft sebi real estate investment trusts regulations 2013 making reits a reality will make more funds available to players says jain of dtz the new government needs to give the required tax exemptions to reits at the earliest tax fillip a couple of tax benefits would provide an immediate fillip to the real estate sector the upa government had allowed an additional tax deduction of 1 lakh to persons taking a home loan of up to 25 lakh this benefit however expired on 31 march 2014 also the government had introduced the provision of tax deduction at source tds at 1 on transfer of immovable property priced at 50 lakh or more extending the tax deduction by another year and levying tds on properties priced at 1 crore or more will provide immediate fillip to the sector says sachin sandhir managing director rics south asia infrastructure push the new government could provide an indirect but strong fillip to the real estate sector by improving urban infrastructure providing urban infrastructure will release more land for real estate development increase supply and thereby help cool prices in the major cities says magazine what should you do if like singh you too are hunting for a property the general elections and the formation of a new government at the centre dont change the situation much for you in the near term unlike the stock markets which are liquid and nimble a turnaround within the real estate market takes time so keep looking diligently and dont lose sleep over prices rising immediately