After focusing on premium housing for several years, Tata Housing Development Co. Ltd plans to resume building homes costing Rs15-20 lakh, after incentives in the Union budget made low-cost housing more attractive for builders. The Mumbai-based firm builds affordable homes…
In a welcome decision, the Budget reduced the income tax rate from 10% to 5% for the slab of Rs 2.50 lakh to Rs 5 lakh You can use the money saved by the lower income tax rate to prepay…
While demonetisation and the Real Estate Regulation Act are meant to clean up the real estate market, it is unlikely to benefit home buyers much, as the basic price of homes continues to remain on the higher side, says a…
Traditionally, Gurgaon’s apartments range in area from 1,800 to 6,000 square feet, according to Surabhi Arora, a senior associate director at Colliers International India, a real estate consultancy. The days of large, swanky flats in Gurgaon may be taking a…
HIGHLIGHTS The government has announced two new subsidy slabs to spur the real estate market The slabs will apply to loans with a tenure of up to 20 years, as against the limit of 15 years now. Homebuyers will get…
The road from Rajiv Chowk to Sohna, popularly known as Sohna Road, is now National Highway 248 and it extends till Alwar in Rajasthan. Travelling between Gurgaon and Alwar in Rajasthan via Nuh in Mewat on Sohna Road is set…
The Union Budget 2017-18 has steered the real estate sector in a positive direction through the pro-homebuyer announcements shared by Finance Minister, Arun Jaitley. The FM not only introduced pioneering measures to boost affordable housing, but he also focused immensely…
The housing sector is likely to get relief from the pain of demonetisation with the ‘affordability’ steroid. Budget 2017 has proposed infrastructure status for affordable housing, a long-standing demand of developers, and also increased the allocation for the Prime Minister…
There is a buzz around the affordable housing segment after the Prime Minister announced a slew of rebates on home loans under the Pradhan Mantri Awas Yojana, on December 31 Affordable housing will reap the maximum benefit as a result…
Huda, which has been has been developing sectors and providing civic amenities, selling plots, helping private realtors develop condominiums, etc, across Haryana’s cities since it’s formation some 35 years ago, is at the crossroads these days, with the imminent formation…