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Infrastructure Status to Be Conferred On Housing Sector

With the aim to provide more affordable homes to the people the union government plans to confer infrastructure status to the housing sector. The coming budget is believed to confer infrastructure...

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Rs.1L Deduction in home loans may boost affordable housing demand

First time home buyers are given a reason to be happier and more cheerful now. They will be given an additional benefit of Rs.1 lakh deduction for the interest rates for their home loans up to Rs.25...

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Housing Shortage Will Hit India, Knight Frank Predicts

India is predicted to face severe housing shortage. According to the global real estate consultant firm Knight Frank, housing shortage will be one of the main problems India will have to handle in the...

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Mid segment housing will pick up, expects industry

Along with the growth of affordable and luxury housing segments, mid segment housing also will be picking up in the year 2013, predicted industry experts. Mid segment housing is one of the fast...

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Revised TDS on luxury apartments from June

Budget 2013 has proposed an increase in Tax deduction at source (TDS) rate by 1%. The revised TDS will be in force from June 2013. Slapping on the top earners, who demand for luxury housing units,...

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New Projects Delayed, Buyers Fear Price Escalation

As against the expected delivery time, a good number of new projects face delay of completion. Most of the projects have not yet completed even half of the development –work. Here is a piece of bad...

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