Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today and the real estate sector hopes that the government will focus on affordable and middle income housing in the Budget. The real estate sector hopes that the government will push for affordable and middle income housing in Budget 2024. The government should raise the deduction limit for interest payment …
Real estate developers’ body the National Real Estate Development Council has suggested that the finance minister consider increasing the tax exemption on interest on self-occupied property loans to ₹5 lakh from the current limit of ₹2 lakh to augment housing demand and sought tax incentives from the government to boost supply of affordable housing stock. NAREDCO has suggested that the …
A day after the finance minister Nirmala Sitharaman said in her Budget 2024 speech that the government will launch a housing scheme for the middle class to buy or build their own houses, a top official of the ministry of housing and urban affairs said that the government is ‘working on the scheme’. The government is "working on a scheme" …
Real estate developers' body National Real Estate Development Council has recommended to the finance ministry to come up with the second tranche of the Special Window for Affordable and Mid-Income Housing fund with a corpus value of ₹50,000 crore in the upcoming budget for the financial year 2024-2025, saying the move is expected to benefit both home buyers as well …
