Union Budget 2013-2014
The Union Budget, which was presented by Arun Jaitley, the Finance Minister on 10th of July, will help in boosting the business in the real estate industry. The Tax benefits that have been given in the hands of people, especially income tax exemption against the interest in housing loans, will help people in building a [...] Continue Reading »
Despite cuts in interest rates in home loans by banks, the growth in this segment has dipped as against previous years, as per Reserve Bank of India’s credit data. The trend of availing home loan to the housing sector was 13.3 percent in January 2012 which has dipped down to 12.3 percent in January 2013. One reason for [...] Continue Reading »
New Delhi- The Union Budget has allocated budget of Rs 7,701 crore to Delhi Metro in the Budget 2013-2014, for Phase-III metro construction in Delhi. In 2012-2013 fiscal, Rs 4,511.89 crore (Plan and non-Plan combined) was allocated to the Delhi metro. Union Budget has increased the allocation by Rs 669.23 crore under the 2013-14 Budget. [...] Continue Reading »
New Delhi- Real estate of India hopes to get infrastructure status for affordable housing sector in the upcoming Union Budget 2013-2014. From the past three years the real estate sector has been longing for industry status. The recent tax benefit on home loans provided by the Finance ministry has boosted the industry’s hope. The Budgets [...] Continue Reading »
