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ASSOCHAM

Set housing finance companies as a separate sector- Assocham to SEBI

Set housing finance companies as a separate sector- Assocham to SEBI
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) said that the market watchdog, SEBI, should categorize housing finance companies (HFCs) as a separate sector from Non-Banking Financial Companies (NBFCs) to attract more fund flows. It suggested SEBI not to club HFCs with NBFCs for the purposes of sectoral limits proposed for investments by [...] Continue Reading »

India will become the 3rd largest economy by 2020

India will become the 3rd largest economy by 2020
Economic Growth will benefit Real estate in India. A more prosperous India in 2020 will be characterized by a better organized real estate industry which is transparent, efficient yet well regulated and focused on sustainable development. By 2020 India will become the 3rd largest economy after China and the US. It enjoys many advantages that [...] Continue Reading »

Roadmap to attract Investments in Haryana

Roadmap to attract Investments in Haryana
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) unveiled a roadmap to boost investments in Haryana. The ASSOCHAM plans to organise Invest Mart in the near future where about 300 investors from various countries will converge to explore the possibilities of investing in Haryana,said chairman of ASSOCHAM’s northern region development council Lalit Khaitan. [...] Continue Reading »

Real Estate most favourite sector for investors in Haryana

Real Estate most favourite sector for investors in Haryana
Real estate emerged as the most favourite sector for investors in Haryana in 2010, an Assocham study said. Of the total investment of Rs 4.3 lakh crore under implementation, real estate accounted for Rs 2.4 lakh crore, it said. It said Rs 2.4 lakh crore were invested in major cities like Gurgaon, Manesar and Faridabad. [...] Continue Reading »

Real estate wish list for Budget 2011-12

Real estate wish list for Budget 2011-12
It is that time of the year when the government sets its economic agenda for the year ahead. The real estate industry is looking at several breaks from the Budget both on the policy and taxation front. Most market watchers believe that to get government finances in order (the government is facing a fiscal deficit [...] Continue Reading »

Budget 2011-Extend period for deduction of Interest on Housing Loan

Budget 2011-Extend period for deduction of Interest on Housing Loan
Budget 2011-ASSOCHAM has demanded an extension for deduction of interest on Housing Loan and recommended that the time limit be extended to 5 years Associated Chambers of Commerce and Industry of India (ASSOCHAM) has demanded an extension for deduction of interest on housing loan. As an apex industry body, ASSOCHAM represents the interests of industry [...] Continue Reading »



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