Does the increase in the share of affordable housing launches of sub-Rs 40 lakh units mean a price correction?— Ankit Sharma Market is yet again aligning to actual end-user demand for more affordable units. Many cities, including the Delhi NCR,…
Private sector Bandhan Bank is expecting to give a big push to the affordable housing sector after completion of its merger with Gruh Finance, its MD and CEO Chandra Sekhar Ghosh said. Ghosh told reporters here on Thursday said that…
To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax rates for under-construction flats to five percent and affordable homes to one percent, effective from April 1, 2019. Currently, the GST is levied at 12 percent…
Union and state governments on Sunday decided to lower Goods and Services Tax (GST) on under construction housing properties to 5% from an effective 12% in a pro-consumer decision ahead of national polls due by April-May. GST rate on affordable…
The GOM, headed by Gujarat Deputy CM Nitinbhai Patel, is expected to give its recommendations to the GST Council in two days. New Delhi: In what could bring cheers to lakhs of home buyers, the Group of Ministers (GoM) may…
Interim finance minister Piyush Goyal presented the interim Union Budget 2019-20 on February 1. According to Goyal, “We are poised to become a five trillion dollar economy in the next five years and aspire to become a ten trillion dollar economy in…
To boost affordable housing and achieve the vision of Housing for All by 2022, the government (Centre and state) have undertaken several initiatives, such as Pradhan Mantri Awas Yojana (PMAY) that aims to build 1 crore homes in urban and…
The council, in its previous meeting on December 22, 2018, had rationalised the 28 per cent tax slab and reduced rates on 23 goods and services. The GST Council is slated to meet on January 10 to discuss lowering GST…
The Prime Minister’s Office & Finance Ministry are in favour of a big GST rate cut on housing and are working to build consensus with states to push this through at the next GST Council meet on December 22, ET…
The competitively-priced residential projects, strategic location and strong connectivity network are the primary reasons behind the increasing popularity of Sector 79 in Gurgaon. 99 acres delves deeper to find out the reasons why the locality is featuring among the emerging…