Tax benefits for affordable housing and private investment formats such as Real Estate Investment Trusts and Infrastructure Investment Trusts (REITs and InvITs) have been some major reasons for the realty sector to witness such growth despite the pandemic in 2020. The tax exemption benefit and interest deduction on loans has ... Read More »
By Rachita Sharma People often (correctly) say that money is not the key to happiness. Whether or not you have a lot of experience managing your finances, you have probably noticed there is another side to this coin: poor money management can be a significant source of unhappiness and stress. ... Read More »
Nirmala Sitharaman made important announcements about the education and skill development sectors in her budget speech on February 1, 2020. (Photos: India Today/Vikram Sharma and Lok Sabha TV) Finance Minister Nirmala Sitharaman announced an allocation of Rs 99,300 crore for the education sector and Rs 3000 crore for skill development ... Read More »
The Indian economy is going through a difficult phase. The International Monetary Fund (IMF) has lowered India’s growth estimate to 4.8 per cent for 2019-20. According to the Consumer Confidence Survey of the Reserve Bank of India (RBI), consumer confidence in the economy is at a five-year low and the ... Read More »
Budget 2019-20: Expectation from the government in Budget 2019-20 is to frame a National Rental Housing Policy in order to meet the target of Housing for all by 2022. Union Budget 2019 India: Despite the Narendra Modi government’s constant focus on improving housing, real estate is perhaps the only sector of the ... Read More »
From the upcoming interim budget, real estate sector stakeholders will be looking forward to measures that will boost demand and lower costs for developers. Expansion of the income tax deductions available to home buyers can incentivize first time buyers and support demand growth. The deduction available on interest paid on ... Read More »
The Senate would likely need 60 votes to overcome Democratic opposition and pass key portions of the GOP health care bill under the chamber’s rules, a blow to both the plan’s policy and its political fortunes unless Senate Republicans are willing to break decades of precedent or the bill is ... Read More »
In this article, we jotted down our expectations from the Union Budget 2017-18. As a sequel to this piece, let’s see whether the budget could live up to these expectations. This budget was touted as a crucial one for many reasons. The most important being the time at which it ... Read More »
The Union Budget 2017 has proposed several positive measures to strengthen the edifice of the Indian real estate sector For instance; the facilitation of capital gains taxation norms has triggered a wave of happiness in realtors and property buyers alike. Given below are few key measures that will provide the ... Read More »
NEW DELHI: Brushing aside alleged reports of losses to the real estate sector during last quarter of 2016 due to demonetisation, the Centre today said experts feel that the move will purge the sector from the influence of black money, thereby making purchases affordable and within the reach of common ... Read More »
(The writer is national director, knowledge systems, Colliers International India) By: Housing.com/news Tags Property Trends affordable housing Benami transactions Budget 2017 Colliers International India Corporate tax Demonetisation goods and services tax GST home loan house rent allowance HRA Income Tax MAT Minimum Alternate Tax property real estate Real Estate Regulation ... Read More »
Real estate industry has high expectation from the upcoming budget 2016-17. Stakeholders are demanding that central government gives relaxation in income tax rate, provide clarity on GST, raise House Rent Allowance (HRA) deduction and announce policies to standardize construction materials in order to uplift the real estate industry. Take a ... Read More »
