The focus of the Union Budget 2021 was on overall economic development and the FM made sure that the country takes an economic leap through various announcements targeted at MSMEs and startups. The real estate sector, a potent engine of growth, was once again left high and dry with no direct incentive falling in its […]
Budget 2021: By buying an affordable house, a tax payer may avail tax benefits up to Rs 3.5 on interest paid on home loan taken to buy such a house. Union Budget 2021-22: Giving a fillip to the buyers of affordable houses, Finance Minister Nirmala Sitharaman has extended the time period of taking loans to buy […]
The real estate expectations are quite high as Finance Minister Nirmala Sitharaman is going to present the Union Budget for 2021-22 on February 1, 2021 amid Covid-19 pandemic. The economic slowdown and loss of revenue due to nationwide lockdown affected the real estate industry as the industry is slowly coming back to the track the […]
As the Budget 2021-22 is due in a few days, the real estate industry expects that the Finance Minister will announce a special package for the affordable housing industry. This will help in the gradual recovery of the entire sector. The Coronavirus pandemic has posed one of the most severe challenges in front of the […]
Despite the lower-than-normal sales traffic in the real estate sector, the affordable segment has emerged as the hot cake for the wannabe homebuyers. Post-Unlock, the segment witnessed improvement in the number of visits to the site, and the properties sold immediately first because of the pent-up demand and realisation of people to own their home, […]
Ahead of the Union Budget 2021-22, real estate experts and developers have sought the support of government, claiming that escalating costs and delays are their biggest hurdles and the government must step in through income tax incentives. Stating that the year 2020 witnessed the emergence of Tier II and Tier III cities, with many people […]
Affordable housing projects continue to be the dominant segment in the market as 87% of the new launches in the NCR region were concentrated in the less than Rs 45-lakh price bracket during the last quarter. Affordable housing projects continue to be the dominant segment in the NCR market as 87% of the new launches […]
Despite the lower-than-normal sales traffic in the real estate sector, the affordable segment has emerged as the hot cake for the potential homebuyers. Post-Unlock, the segment witnessed improvement in the number of visits to the site, and the properties sold immediately first because of the pent-up demand and realisation of people to own their home, […]
The Haryana government has notified amendments to its affordable housing policy 2013, with change in minimum area limit, project area limit, increase in commercial component and parking provisions. The development not only makes the segment more attractive to young homebuyers, but also paves the way for entry of reputed and prominent developers. Analysts and market […]
In a bid to boost affordable housing, the Khattar Government has amended the state’s Affordable Housing Policy-2013 by doling out major sops to the recession-hit realty sector. Under the new policy, the builders have been extended major incentives in the matter of project area norms, commercial component and parking area norms. These incentives are intended […]