Tag: Finance Minister

Rs.1L Deduction in home loans may boost affordable housing demand

March 5, 2013 – 7:23 pm

First time home buyers are given a reason to be happier and more cheerful now. They will be given an additional benefit of Rs.1 lakh deduction for the interest rates for their home loans up to Rs.25 lakh. Though the new proposal included in the budget 2013-14, it will be applicable only to the first […]

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Budget 2013: Home Buyers Look Ahead Hopefully

February 18, 2013 – 7:39 pm

Once the Union Finance Minister has hinted on some special provisions for the affordable housing subdivision in the Budget 2013, home buyers look ahead with lot of hopes and dreams. Owning a home is always been a dream for everyone and in the same way they look at the yearly-budget for having some provisions that […]

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Union Budget 2012-13: Ground Realty ignored by Pranab Mukherjee.

March 17, 2012 – 4:40 pm

The top players in the realty sector said they had been ignored by the finance minister. Gaurav Gupta, director, Omkar Realtors & Developers commented that the realty sector had got nothing to boost market and customer sentiments. “There are no indications of this sector being granted the status of an industry, which it much deserves. […]

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Realty Prices To Further Shoot Up

July 9, 2010 – 8:31 am

nIt is very likely that the Real Estate prices in the country will shoot up further with the Finance Ministry’s decision of not withdrawing 2.5% service tax. This move was proposed by the Urban Development Ministry in the budget of FY10-11. The budget had earlier proposed this tax on all under-construction projects. And it is […]

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FM assures more loans for real estate

November 14, 2008 – 1:23 am

Finance minister P Chidambaram assured real estate developers that government will impress upon banks to accelerate lending to realty, which is facing one of the worst slowdown in the recent times. A delegation of builders under the Confederation of Real Estate developers’ Association of India (CREDAI), met Chidambaram on Wednesday to complain against banks’ reluctance […]

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