Budget Wishlist: Redefine Affordable Housing, Give More Tax Sops, Say Real Estate Experts
Edited by Prashun Talukdar | Monday January 17, 2022Every year before the Budget, Finance Minister's kitty gets filled with suggestions and wishes from all the sectors. This year, the real estate sector -- which staged a recovery from 2020's downturn -- expected a range of measures from the upcoming Union Budget 2022-23.
Tax Holiday, Debt Financing Of REITs: Key Highlights Of Real Estate In Budget 2021
Edited by Nikita Prasad | Thursday February 04, 2021Budget 2021 Highlights: Allowing foreign investors to invest in debt of REITs increases the sources of capital, and could help further lower cost of debt for the REIT.
Budget 2021: Government Approves Affordable Housing Projects Till March 2022
Edited by Nikita Prasad | Tuesday February 02, 2021Budget 2021: The Finance Minister announced the extension of the eligibility period for claiming tax holiday for affordable housing project by one more year to March 31, 2022.
Budget 2021: Reforms Required To Boost Commercial Real Estate Investments
Edited by Nirmalya Sen | Monday February 01, 2021Budget 2021-22: The Union budget should allocate more funds towards IT infra spends involving digitization of land records in urban areas
Union Budget 2021: Upfront Amount of CLSS Subsidy Must be Raised To Rs 3.5 Lakhs
Edited by Nikita Prasad | Monday February 01, 2021Budget 2021: The credit linked subsidy scheme (CLSS) should be extended by two years up to March 31, 2023, according to international property consultant- Knight Frank
Real Estate Sector Seeks Tax Rebate On Housing, GST Waiver, Infrastructure Status
Press Trust of India | Sunday January 24, 2021Budget 2021: The government had offered Rs 25,000 crore stress asset fund for the uncompleted housing projects, increasing the differential from 10 to 20 per cent under Section 43(CA) till June 30, 2021
Budget 2021: Lower Stamp Duty, Easing Income Tax Norms Needed For Real Estate
Edited by Nikita Prasad | Wednesday January 13, 2021Budget 2021: Currently, the government offers interest subvention of one per cent for low-cost housing loans up to Rs 15 lakh, provided the housing cost does not exceed Rs 25 lakh
Budget 2021: GST, Rate of TDS On Coworking Spaces Must Be Reduced
Edited by Nikita Prasad | Wednesday January 13, 2021Budget 2021: The rate of TDS needs to be reduced is it will eventually provide real estate solutions to clients at economical rates, said Mr. Manas Mehrotra, Founder, 315Work Avenue, a coworking firm
Deduction Of Rs 1.5 Lakh On Home Loan Interest Extended Till March 2021
Press Trust of India | Saturday February 01, 2020The additional deduction of Rs 1.5 lakh, over and above the existing Rs 2 lakh, is being provided under the Section 80EEA.
Rs 2 Lakh Limit On Deduction Against Home Loan Interest Not Enough: Industry Body
Edited by Sandeep Singh (with inputs from agencies) | Saturday February 01, 2020India's real estate sector has been struggling against a severe liquidity crunch over the past three years following a series of debt defaults by high profile NBFCs.
