The real estate sector may soon get a boost as the Centre readies a package to help renew growth, as per a Business Standard report. The package, aimed primarily at home buyers and real estate developers, is expected this week, the paper quoted government officials as saying. “There have been discussions on a task force…
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Transmission of rate cuts to home buyers seen as crucial; more steps needed to enhance liquidity for better-placed NBFCs and HFCs The real estate sector has welcomed the Reserve Bank of India (RBI)’s decision to reduce the repo rate — the rate at which it lends to commercial banks — by 35 basis points to 5.4…
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With this scheme, homebuyers are actually getting attracted to the affordable housing segment – the engagement is high as the financial burden is not prohibitively expensive. Affordable housing is increasingly engaging with Indian millennials. Their move towards buying a home is due to the PMAY scheme and the reason is that it is putting less…
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Builders will have to refund GST paid by home buyers in case he cancels the flat booked in the last fiscal and will be allowed to avail credit adjustment for such refunds, the tax department has said. This clarification forms part of the FAQ released by the Central Board of Indirect Taxes and Customs (CBIC)…
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Objective of this portal is to promote affordable housing scheme launched by Central govt of India to provide housing for all by 2022 under Pradhan Mantri Awas Yojana and Deen Dayal Awas Yojna scheme. Home Buyers can search and get information on affordable Housing projects in Gurgaon, Sohna, Faridabad and other cities of Haryana.
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