New Delhi, July 06, 2019: The expectations were quite high as Finance minister Nirmala Sitharaman presented her maiden budget showing thrust on affordable housing. The major highlight of the budget was the proposal of the additional tax deduction of Rs 1.50 lakh on interest paid on home loans taken up to March 2020 for purchase of an affordable house valued up to Rs 45 lakh. This move is expected to benefit the homebuyers on a large extent and will bring the fence-sitters back in the market driving demand. The Government’s support to the NBFC sector will address the liquidity crisis which has spread its wings from past year or so. Also, the reforms to promote rental housing will provide a much needed boost in Government’s vision of Housing for All. The allocation of Rs 100 lakh crore investments for infrastructure will eventually boost the residential and commercial markets thereby propelling the growth of the real estate industry.
Corporate Comm India(CCI Newswire)
Located in Meydan in the heart of Dubai, the new residential community's designs and interiors…
Hyderabad, May 16, 2024: Ajitesh Korupolu, the founder & CEO of ASBL, emphasized the need for…
With 3BHK and 4 BHK residences starting at INR 4.97 Crore, Experion Elements will feature…
By Ramani Sastri - Chairman & MD, Sterling Developers Being the fastest-growing economy, India remains…
New Delhi, May 11, 2024: The Indian real estate market has already witnessed an unprecedented…
New Delhi, May 08, 2024: The real estate market is thriving, and the housing sector…