HUDA Affordable Housing News
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…
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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,…
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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…
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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…
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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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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…
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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…
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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…
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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…
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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…
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