New Delhi, February 02, 2020: We view this budget in positive light. The budget has provided fresh stimulus to the ‘Housing for All’ vision by extending additional corpus of INR 1.5 lakh tax benefit on interest paid on affordable housing loans by one year. Affordable housing projects are given a deduction which adds to a concession for real estate transactions.
The long awaiting single-window clearance and industry status for real estate are not addressed, however the developers expects the National Logistics Policy to be released by the govt soon, to help enable single-window clearance for projects.
The budget has also addressed the liquidity issue by informing that the Govt. will offer support by guaranteeing securities floated to enable liquidity support to NBFCs. A mechanism to provide liquidity to NBFCs and housing finance companies was also proposed.
Corporate Comm India(CCI Newswire)
Mumbai, October 31, 2026: Italian luxury automobile brand Maserati opens its flagship showroom at Trade…
31-October-2026 The Delhi Declaration adopted at the ARISE Cities Forum on 28 October calls…
30-October-2026 Homebuyers in stalled Supertech projects have again raised concerns before the Supreme Court about…
Date:29-oct-2026 Indian real estate received approximately $1.66 billion in private equity investment during January–September 2026,…
Foundation stones for permanent campuses of the National Law University, Meghalaya, and Meghalaya State Judicial…
A major wave of housing approvals renews the debate over project execution, homebuyer protection and…