middle class income group
Houses for the middle-income group will have a wall-to-wall carpet area of up to 816 square feet, a preferred standard measurement approved by the Union ministry of housing. If one calculates the additional super built-up area, it would be 1,101 square feet.The municipal corporation or urban development authorities deduct 40% from a land owner for [...] Continue Reading »
There is good news for house buyers. In its revised discussion paper on Direct Tax Code, the government has proposed to allow the tax concessions on the interest paid up to Rs 1,50,000 during a financial year on home loan to buy a house for one’s own use. Similarly, the government had also decided not [...] Continue Reading »
