New Federal Government Measures to Revolutionize the Real Estate and Construction Sectors
The new federal government is setting its sights on transforming the real estate sector with an ambitious array of measures. The focus is on creating a greener, more transparent, and more efficient environment for property transactions and developments. Among the key initiatives are efforts to streamline, and in some cases eliminate, outdated tax regimes that currently burden the sector, while simultaneously introducing consumer protections to ensure fair practices. These measures are designed to foster a more sustainable and robust real estate market—one that not only benefits investors and homeowners but also contributes to broader environmental and economic goals.