Urban Land (Ceiling and Regulation) Act
Kolkata – The recent Union Budget 2013 has proposed deduction in tax on home loan upto Rs 25 lakh which has brought cheer to home buyers, especially in Kolkata, as compared to any other major metro cities. One can claim the deduction at tax only if the loan amount is less than Rs 25 lakh. [...] Continue Reading »
About 35 developers in Mumbai have been given notices to give away the flats which were kept for public housing. The notices were given by the urban land ceiling (ULC) department to bring back 1,284 houses. Under the Urban Land (Ceiling and Regulation) Act (Ulcra), the flats are to be used for general public but [...] Continue Reading »
