Real Estate Budget 2022

Need Industry Status For Realty Sector In Budget: Bennet & Bernard Group

Need Industry Status For Realty Sector In Budget: Bennet & Bernard Group

Edited by Abhishek | Saturday February 01, 2020

The government in November last year announced Rs. 25,000-crore special window for stalled real estate projects, in a move aimed at reviving the ailing sector and generating employment.

Housing Sales Decline 30% In October-December: Report

Housing Sales Decline 30% In October-December: Report

Indo-Asian News Service | Tuesday January 14, 2020

A total of 64,034 homes were sold across nine key markets during the third quarter of the financial year 2019-20.

Government Rolls Back Changes, Allows Joint Property Owners To File Returns With Simple Forms

Government Rolls Back Changes, Allows Joint Property Owners To File Returns With Simple Forms

IANS | Friday January 10, 2020

The clarification has come days after the government modified the eligibility for filing the returns in ITR-1 and ITR-2, stating that those owning a property jointly, spending Rs 2 lakh on foreign travel and paying electricity bill of Rs 1 lakh in a year would not be able to file returns in the simpler forms.

Government Raises Interest Deduction Limit On Home Loan In Budget 2019. What It Means For You

Government Raises Interest Deduction Limit On Home Loan In Budget 2019. What It Means For You

Anshul | Tuesday July 09, 2019

After introduction of the new Section 80EEA, the maximum deduction an individual taxpayer can claim will stand at Rs 3.5 lakh.

Interest Deduction On Home Loans Raised To Rs 3.5 Lakh For Affordable Housing

Interest Deduction On Home Loans Raised To Rs 3.5 Lakh For Affordable Housing

NDTV Profit Team | Friday July 05, 2019

The finance minister said the interest paid on housing loans is currently allowed as a deduction to the extent of Rs 2 lakh.

Need To Boost Private Sector Participation In Affordable Housing, Say Experts

Need To Boost Private Sector Participation In Affordable Housing, Say Experts

NDTV Profit Team | Tuesday June 25, 2019

Budget 2019 expectation: Credit ratings agency CARE Ratings said, in a report listing its expectations from the Budget 2019-20 dated June 25, it expects additional allocation for the Pradhan Mantri Awas Yojana in the July 5 Budget. It also expects a reduction in the holding period of real estate investment trusts (ReITs) to be made in line with listed equity instrumen...

Government Needs To Encourage Banks To Lend To Realty Developers: Experts

Government Needs To Encourage Banks To Lend To Realty Developers: Experts

Sakshi Bajaj | Wednesday June 19, 2019

Experts say growth in the real estate sector seems stagnant and immediate solutions are not expected, however the government is urged to take steps to boost liquidity.

FICCI For Rationalisation Of Provisions On Immovable Property Transactions

FICCI For Rationalisation Of Provisions On Immovable Property Transactions

NDTV Profit Team | Monday June 17, 2019

It is recommended the exemption should be increased to at least Rs 3 lakh per annum, according to FICCI.

Hike In Deduction On Home Loan Interest To Boost Realty Sector: Industry Body

Hike In Deduction On Home Loan Interest To Boost Realty Sector: Industry Body

NDTV Profit Team | Friday June 14, 2019

Industry body Assocham has recommended an increase in interest deduction on home loan to Rs 5 lakh from the current Rs 2 lakh.

Benefits For Property Owners Announced In Budget 2019: All You Need To Know

Benefits For Property Owners Announced In Budget 2019: All You Need To Know

NDTV Profit Team | Sunday February 03, 2019

In the Budget 2019, the government has announced different benefits for house owners. The government proposed to hike the TDS exemption limit applicable to payment of rent from Rs 1,80,000 to Rs 2,40,000 per year. As per existing tax rules, the tenant other than entities including salaried individuals is required to deduct TDS on payment of rent above Rs 1.8 lakh in a...

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