Realty players see rising interest from home-buyers as families stay at home
May 21, 2020: Although the residential real estate sector expected zero sales from the first quarter of the new financial year, the lockdown has surprisingly brought people closer to wanting to purchase a home. The current pandemic has had an...
Updated on June 23, 2025
Investor Sentiment Boosts Fundraising for Housing Finance Firms
May 20, 2020: The trio of Tata Housing Finance, HDFC and ICICI Home Finance led the primary market bond sale, raising ₹5,475 crore collectively. Housing finance companies (HFCs) dominated primary bond sales at the start of this week as the government’s incentive package helped lift the sentiment of debt investors....
Updated on June 23, 2025
CBDT Cuts Tax on Rent and Property Acquisition
May 18, 2020: The CBDT has shared a slew of reductions to help consumers weather the COVID-19 storm. To weather the COVID-19 storm, the tax department has announced a 25% deduction in tax on payment of dividend, insurance policy, rent, professional fee and on the acquisition of immovable property for a period...
Updated on June 23, 2025
FM Gives Push to Affordable Rental Housing For Migrant, Urban Poor
May 15, 2020: In order to relieve the real estate sector of some stress, Finance Minister Nirmala Sitharaman said that the government is giving a one-year extension to the CLSS or Credit Linked Subsidy Scheme which started in 2017 and was due to have ended on March 31, 2020, till...
Updated on June 23, 2025
Karnataka Minister says landlords cannot take rent during lockdown
May 13, 2020: R Ashoka, a revenue minister in Karnataka stated that landlords cannot collect rent from tenants during the lockdown. He said action would be taken against landlords if they force tenants to vacate property due to non-payment of rent....