Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Budget-2013

Home loan tax deduction, a boon to realty developers

Home loan tax deduction, a boon to realty developers
The home loan incentive which was announced recently by the Finance Minister with the Union Budget 2013 has been the talk since its release. The real estate developers are the group who can cheer the most with the incentive. One can claim the tax deduction only if his/her loan amount is less than Rs 25 lakh. Also, it has [...] Continue Reading »

Budget 2013 boosts affordable housing sector

Budget 2013 boosts affordable housing sector
NBH is setting up an Urban Housing Fund with an allocation of Rs 2,000 crore  to infuse liquidity for urban housing and to boost demand in the city. According to NHB, the budget will boost the affordable housing with an additional interest benefit of Rs 1 lakh on first-time home loans up to Rs 25 [...] Continue Reading »

Home loan tax deduction restrictive for home buyers: Budget 2013

Home loan tax deduction restrictive for home buyers: Budget 2013
With release of Union Budget 2013, the Finance Minister has proposed to offer deduction in tax on home loans to first time home buyers. This initiative has brought some cheer for the home buyers as there was no significant tax reliefs in the past. One can claim the deduction at tax only if your loan amount is [...] Continue Reading »

Flats in Mumbai to cost more with the new Budget: Experts

Flats in Mumbai to cost more with the new Budget: Experts
With the introduction of Union Budget 2013, experts have claimed that the incentives will be of no use for home buyers in Mumbai. The real estate incentives are also claimed to create some problems with the buyers as the flats will cost more due to 1% tax on transfer of properties in Mumbai. To make things [...] Continue Reading »

Budget 2013: 1% TDS disappoints real estate industry

Budget 2013: 1% TDS disappoints real estate industry
With release of Union Budget 2013, the Finance Minister announced the introduction of one percent Tax Deducted at Source (TDS) on immovable property transfer exceeding Rs 50 lakhs. Agricultural land is exempted from this. This means that if a person has a property (house or plot) which is sold for more than Rs 50 lakhs [...] Continue Reading »

Land acquisition and policy paralysis issues should be addressed

Land acquisition and policy paralysis issues should be addressed
The construction sector in the past 2-3 years has been witnessing order inflows with land acquisition and policy paralysis issues being the key factors. It is expected that the upcoming Budget will usher in solutions in terms of allocation across segments like roads, urban infra, irrigation, power and so on. The realty industry expects that [...] Continue Reading »

Budget 2013 expected to have 10% hike in residential property tax

Budget 2013 expected to have 10% hike in residential property tax
Nashik – The budget 2013 for the upcoming financial year  is expected to have a 10 percent hike in the residential property tax as suggested by the civic administration. This policy was presented to the chairman of the standing committee of the Nashik Municipal Corporation (NMC). The decision is yet to be taken by the standing [...] Continue Reading »

FICCI wants industry status for realty sector in Budget 2013

FICCI wants industry status for realty sector in Budget 2013
New-Delhi- With just few more days left for the Budget-2013, the Federation of Indian Chambers of Commerce and Industry (FICCI) has insisted the authorities for an industry status for the real estate sector. The FICCI demands an industry status for the realty sector for the easier availability of funds to be used to avail long term and short [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!