Home Loan EMIs To Fall Under Pradhan Mantri Awas Yojana: 10 Facts
Middle income groups (MIG) with annual incomes of above Rs. 6 lakh and up to Rs. 18 lakh per year are eligible for interest subsidy on buying their first home under Pradhan Mantri Awas Yojana (Urban). The government has come…
Read morePunjab & Haryana HC clears way for completion of Dwarka Expressway
Clearing the way for completion of the long-delayed Dwarka Expressway, the Punjab and Haryana High Court on Tuesday disposed off a petition against allotment of plots to the oustees who do not have proper property documents. The Haryana Urban Development…
Read moreSupertech to invest Rs 4,000 crore to build affordable homes
Realty firm Supertech plans to invest about Rs 4,000 crore to develop low-cost homes as it expects demand for affordable housing to rise after getting infrastructure status in the budget. Supertech has engaged consultants to raise about Rs 1,000 crore…
Read moreBuilders plan over 1 lakh affordable housing units
Bet On Spurt In NCR Demand Following Sops In Budget It’s boom time for affor dable housing. In the Del hi-NCR region alone, over one lakh apartments are likely to be built in this segment in the next couple of…
Read moreGOLDEN WINDOW – Is this a good time to buy?
The next 3 to 6 months will be the best time for people to buy their dream homes, as the coming 3 to 4 years will see an unprecedented boom in the housing market which will see prices going up,…
Read moreHOUSING FOR ALL – ACTUAL SAVINGS UNDER PMAY AND THE BUDGET
If you are buying a house under the `Pradhan Mantri Awas Yojana’ scheme, and also avail tax benefits under the provisions of Budget 2017, your total savings could be over Rs 2.4 lakh on a home loan taken for 20…
Read moreStamp Duty on Affordable Homes May Be Abolished
Affordable houses may soon be exempt from stamp duty, which va ries between 4% and 8% of the transaction value. Union minister for ur ban development and housing M Venkaiah Naidu said that his ministry has written to state governments…
Read moreHOUSING FOR ALL – INFRA PUSH FOR BUDGET HOMES
Once land in the far-flung areas of towns and cities, where the cost is not high at present, is connected to the main city centres and then used for the development of affordable houses, the supply chain can materialize in…
Read moreEPFO to Launch Housing Scheme For Over 4 Crore Members in March
Retirement fund body EPFO will launch a housing scheme next month for its over four crore members to enable them to make down payment and pay EMIs from their EPF accounts to buy homes. “The Employees’ Provident Fund Organisation (EPFO)…
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