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Construction & Infrastructure News

Is GST Bad News for Homebuyers and Renters

April 2017

Monthly instalments on home loans taken for under-construction houses will attract GST from July. So will land leasing and rented properties, includi...

Monthly Instalments, Home loans, GST, Union Territory GST, Compensation Bill, CGST, EMI, VAT, Under-construction projects, MHUPA, Housing for All by 2022, JLL India

Budget Expectations: David Walker, Executive Director, SARE Homes

July 2014

At the macro level, this year's budget should give signals of policy measures that will fast track projects that are struck at various levels. ...

India, 2014, David Walker, SARE Homes, home loans, real estate, budget, REIT, Budget, Expectations

Tax benefits on home loans may boost Kolkata market

March 2013

The recent Budget proposal which links tax benefits on account of home loans up to Rs 25 lakh may invigorate the Kolkata real estate market more than...

Budget proposal, tax benefits, home loans, Kolkata real estate market

Rs 1 lakh interest deduction allowed for low cost housing

March 2013

The Union Finance Minister P Chidambaram proposed to allow an additional tax deduction of Rs 1,00,000 on interest rate for home loans upto Rs 25 lakh...

P Chidambaram, additional tax deduction, interest rate, home loans, Union Budget 2013

Affordable housing gets most of of Budget sops

March 2013

In the Union Budget, the Union Finance Minister P Chidambaram has proposed a Rs 2.5 lakh deduction on the total taxable income on home loans less tha...

Union Budget, P Chidambaram, deduction, taxable income, home loans

NHB targets Rs 17,000 cr home loans by June

December 2012

National Housing Bank (NHB) on December 8 said it expects to disburse home loans of up to Rs 9,000 crore in the next six months to meet its annual di...

National Housing Bank, home loans

Industry players cheer extension of sop for low-cost housing

July 2012

Industry players cheered the recent government move to extend the concession on interest payment for low-cost housing by one year upto the end of 201...

low-cost housing, affordable housing, Brotin Banerjee, TATA Housing Development Company, interest subvention scheme, property prices, home loans, interest rates, Manmohan Singh

Credit Policy Quote from Sanghvi Group

April 2012

The 50 basis points rate cut announced by RBI is a positive move and will provide impetus to the real estate sector. The reduced cost of accessing fu...

Shailesh Sanghvi, Sanghvi Group, MCHI, RBI, Credit policy, real estate, interest rates, home loans
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