EPFO plans to provide home loans

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Five developers approach govt with SEZ cancellation plea

Five developers approach govt with SEZ cancellation plea

Five special economic zone (SEZ) developers including Abex Infocom have approached the government to surrender their IT sector tax-free zones

Cabinet approves construction of 2.95 crore rural houses under Housing for All by 2022 scheme

Cabinet approves construction of 2.95 crore rural houses under Housing for All by 2022 scheme

The Union Cabinet, in a meeting chaired by Prime Minister Narendra Modi, gave its nod for the implementation of the rural component of the scheme.

Cabinet nod to construction of 2.95 crore houses in rural areas under Housing for All scheme

Cabinet nod to construction of 2.95 crore houses in rural areas under Housing for All scheme

The Union Cabinet on Wednesday gave nod to construction of 2.95 crore houses in rural areas under Housing for All scheme.

Parliament nod to Real Estate Bill: How it will benefit home buyers

Parliament nod to Real Estate Bill: How it will benefit home buyers

The Real Estate (Regulation and Development) Bill is designed to protect consumer interest, ensure efficiency in all property-related transactions, improve accountability of developers, boost transparency and attract more investments to the sector.

Arun Jaitley’s Union Budget 2016-17: Five Takeaways

Possibly too keenly aware of the BJP being seen as corporate friendly and, possibly, deriving lessons from the Bihar drubbing, the government has most conspicuously given an agri and rural push.

Union Budget 2016 HIGHLIGHTS: Home buyers to get Rs 50,000 more deduction on interest; no change in income tax slabs

Union Budget 2016 HIGHLIGHTS: Home buyers to get Rs 50,000 more deduction on interest; no change in income tax slabs

First time home buyers will get a deduction of an additional interest of Rs 50,000 per annum for loan upto Rs 35 lakh, during 2016-17, provided the house value does not exceed Rs 50 lakh.

DDT exemption will pave way for REITs launch: Experts

DDT exemption will pave way for REITs launch: Experts

Finance Minister Arun Jaitley's proposed removal of dividend distribution tax has received a thumbs-up from the real estate sector which has been looking for a clarity to launch Real Estate Investment Trusts (REITs) for raising funds.

First home buyers get Rs 50,000 more deduction on interest

First home buyers get Rs 50,000 more deduction on interest

Aiming to boost demand in realty sector, the government on Monday proposed an additional Rs 50,000 deduction on interest on loans for first home buyers and tax incentives on development of affordable housing, besides exempting REITs from dividend distribution tax.

Budget 2016: Expectations of home buyers

Budget 2016: Expectations of home buyers

The deduction for interest on housing loans needs to increase from the current limit of Rs 2 lakh.

Budget 2016: Common man's expectations from FM Jaitley

Budget 2016: Common man's expectations from FM Jaitley

The common man expects the income tax limit to be increased from prevailing Rs 250,000 to Rs 300,000.

Modi govt to provide affordable houses in less than Rs 5 lakh

Modi govt to provide affordable houses in less than Rs 5 lakh

At a time when only one percent of India's population can afford a house above Rs 10 lakh, the Modi government is not only committed to building smart cities but also to offer affordable houses below Rs 5 lakh.

Housing sale down 4% in 8 cities in 2015; 6.9L units unsold

Housing sale down 4% in 8 cities in 2015; 6.9L units unsold

Housing sales fell by 4 percent to 2,63,720 units last year, lowest since 2010, in the eight major cities of the country on account of demand slowdown in the real estate market despite interest rate cut by the RBI.

Know why Mumbai property prices may come down by 20% soon

Know why Mumbai property prices may come down by 20% soon

Real estate developers in Mumbai may soon begin offering 20 percent discount to its home buyers.

Housing.Com appoints Mani Rangarajan as CFO

Mani has held executive level roles in companies such as Citigroup and Yahoo. He has also been involved with several start-ups in India in advisory roles, the SoftBank-backed portal said.

Rajasthan CM Vasundhara Raje announces 'affordable' urban housing policies

Rajasthan Chief Minister Vasundhara Raje on Saturday unveiled two policies pertaining to affordable housing and allotment of land in urban areas of the state.

Active private participation in housing need of the hour: Naidu

Active private participation in housing need of the hour: Naidu

Inviting investments from private players in housing sector, government on Wednesday said they can play a key role in achieving the goal of 'housing for all' by 2022.

 

'Housing for All' scheme: 305 cities identified across nine states

The selected cities and towns are in Chhattisgarh (36 cities/towns), Gujarat (30), Jammu and Kashmir (19), Jharkhand (15), Kerala (15), Madhya Pradesh (74), Odisha (42), Rajasthan (40) and Telangana (34).

Affordable homes offer $11.8-bn opportunity for builders

Affordable home segment presents a business opportunity worth USD 11.8 billion for developers across seven major cities of the country, according to property consultant Cushman and Wakefield.

Housing-for-All: States to be involved in planning, decision-making

For smooth implementation of the ambitious 'Housing-for-All' scheme, the Centre has proposed to decentralise the process by involving state governments in the planning and decision-making process.