Last Updated: Thursday, July 10, 2014, 10:10
Bringing cheer to individual taxpayers, Finance Minister Arun Jaitley in his maiden Union Budget 2014-15 in Parliament on Thursday, raised personal tax exemption limit to Rs 2.5 lakh from the current Rs 2 lakh.
Last Updated: Wednesday, April 02, 2014, 19:31
Indians borrowed nearly Rs 1.60 lakh crore in housing loans in 2013-14, helping home finance firms' books move closer to the Rs 10 lakh crore mark, said a top official of the National Housing Bank.
Last Updated: Monday, September 02, 2013, 10:00
Plan the funding for your home before getting married or you may stay in rental accommodation for a very long time.
Last Updated: Monday, September 02, 2013, 09:51
Technically, unmanageable debt refers to non-housing related debt in excess of 8% of a person’s gross income.
Last Updated: Thursday, October 18, 2012, 13:32
The proposal for interest subsidy on loans for home improvement is to go to the union cabinet in the near future.
Last Updated: Wednesday, September 26, 2012, 13:53
The step will result in reduction of cost for mortgage firms like LICHF and HDFC.
Last Updated: Wednesday, August 22, 2012, 20:23
Realtor's body CREDAI on Wednesday said it is unrealistic on the part of the government to expect developers to cut housing prices and demanded that steps should be taken to boost supply of affordable homes.
Last Updated: Tuesday, July 03, 2012, 15:53
The Union Cabinet on Tuesday approved the Budget proposal to extend one percent interest subsidy scheme for housing loans up to Rs 15 lakh by one year.
Last Updated: Friday, June 15, 2012, 14:49
The major players currently in the market include HDFC, SBI and LIC Housing Finance.
Last Updated: Tuesday, June 12, 2012, 10:53
State-owned Hudco plans to re-enter the retail housing loan segment after a gap of two years.
Last Updated: Wednesday, April 25, 2012, 23:24
In bid to promote housing for low income groups in major cities, Reserve Bank on Wednesday doubled the limit for home loans to Rs 10 lakh for consideration under priority sector lending.
Last Updated: Sunday, February 12, 2012, 15:49
In a bid to boost housing sector credit, the government is contemplating to enhance income tax exemption for up to Rs 3 lakh paid as interest on housing loans in a year, from the existing limit of Rs 1.5 lakh.
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