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Tax Benefit To First-Time Home Buyers To Be A Game Changer: Nandita Chatterjee

Arun Developers

Monday, 05 February 2018

Real Estate News

Tax-Benefit-To-First-Time-Home-Buyers-To-Be-A-Game-Changer

The government will give a benefit of 2.4 lakh to first-time home buyers with taxable income below Rs 18 lakh a year, which would be a game changer for the sector, Housing and Urban Poverty Alleviation Secretary Nandita Chatterjee said.The amount is equivalent to the total interest subsidy over a 20-year loan and will be given upfront to the h...

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Home Prices Across India On The Rise: RBI

Arun Developers

Monday, 05 February 2018

Real Estate News

Real estate prices continued to grow steadily according to the latest installment of Reserve Bank of India's House Price Index (HPI).While the overall index sequentially rose 2.2% at the end of December 2016, almost seven of the ten cities tracked by RBI saw increase in price last year.The House Price Index, that measures price levels across the na...

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Real Estate Still Remains Desirable Asset For All India

Arun Gupta

Monday, 05 February 2018

Real Estate News

Real-estate-still-remains-desirable-asset-for-all-India

Pune: In a year marked with a series of policy changes to bring in more transparency, real estate remained a desirable asset for Indians as more than 15 lakh people actively searched to buy property in 2017, according to a report released on Wednesday."How India searched for Homes in 2017", prepared by online realty site Magicbricks, analysed consu...