Tax proposals for middle class: Deduction for rent payers increased to Rs 60,000; first time loan takers get Rs 50,000 rebate
The Finance Minister also announced deduction for additional interests of Rs.50,000 per annum for loans up to Rs.35 lakh sanctioned in 2016-17 for first time home buyers, where house costs does not exceed Rs.50 lakh.
Feb 29, 2016, 13:17 PM IST
Case against Unitech jolts other builders
The case against Unitech has jolted the other builders to speed up the construction of residential property and has given hopes to the home buyers.
Jan 13, 2016, 11:46 AM IST
Alleged land encroachment in Greater Noida: HC asks DM to decide representation in 3 months
The Allahabad High Court on Monday directed the District Magistrate of Gautam Buddh Nagar to look into allegations of encroachment of thousands of square metres of public land, spread across three villages of the district, and take an appropriate decision within three months.
Oct 12, 2015, 15:15 PM IST
Relief to Noida home buyers: Govt issues final notification demarcating ESZ around Okhla bird sanctuary
Government Wednesday issued the final notification demarcating the Eco Sensitive Zone (ESZ) around Okhla bird sanctuary giving a big relief to thousands of home buyers in Noida and its vicinity as their apartments will now fall out of the new notified area.
Aug 19, 2015, 23:19 PM IST
Parl panel recommends pro-buyer measures in Real Estate Bill
A Parliamentary Committee on Thursday recommended a slew of measures favouring property buyers, which include a three-year jail term or a fine for a defaulting builder under a new law which will now cover projects of 500 sqm or eight flats.
Jul 30, 2015, 22:40 PM IST
Maharashtra to appoint housing regulatory body for home buyers
Maharashtra government will soon appoint a regulatory body to safeguard interests of home buyers after the Centre gave a go ahead to the state to frame rules to implement the Housing Regulatory Bill passed by the legislature and approved by the President.
Jun 16, 2015, 10:24 AM IST
Rahul Gandhi attacks government on new Real Estate Bill, calls it pro-builder
The Real Estate Bill, moved by the previous UPA government, has been brought by the current dispensation with amendments to the proposed legislation.
May 02, 2015, 12:43 PM IST
Budget 2015: Realtors seek tax sops, lower rates for home buyers
The real estate industry has sought more tax incentives and lower interest rates for the home buyers in the upcoming Budget to revive demand.
Feb 25, 2015, 13:11 PM IST
Realtors seek tax sops, lower rates for home buyers in Budget
NAREDCO Chairman Naveen Raheja said: "There should be some stimulus for the home buyers in form of lower interest rates."
Feb 19, 2015, 21:20 PM IST
Credai calls for reforms in realty sector in New Year
The Confederation of Real Estate Developers' Association of India (Credai) also sought "political will" for reforms.
Dec 25, 2014, 20:33 PM IST
Home buyers prefer wellness features in projects
'Tata Housing Wellness Survey' was done to understand consumer insights into wellness and its impact on lifestyle choices.
Nov 21, 2014, 21:07 PM IST
Festive season fails to bring cheers for real estate
Festive season is generally considered as the most important time for the realty sector as it records the highest number of sales, which is nearly 20-25 per cent more than non-festive period.
Oct 24, 2014, 10:46 AM IST
Budget 2014: First time home buyers likely to get concession
The government might also give interest subvention to first time house owners in the Budget.
Jun 26, 2014, 16:08 PM IST
