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Women Homebuyers Drive Growth in Indian Real Estate
May 27, 2020: Women get a rebate of INR 10,000 on total stamp duty charged. This and many other reasons make real estate a viable choice for investment. It helps them to diversify their investment portfolios or to avail multiple benefits exclusive to women.
Written by NoBroker.com
Published on May 27, 2020
RBI Extends EMI Moratorium for Loan Borrowers
As India, along with the rest of the world struggles to get back on its feet, the RBI (Reserve Bank of India) is looking for ways to make the life of the common man less stressful.
Written by NoBroker.com
Published on May 22, 2020
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. Th
Written by NoBroker.com
Published on May 21, 2020
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 invest
Written by NoBroker.com
Published on May 20, 2020
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
Written by NoBroker.com
Published on May 18, 2020
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 March 2021. This will help boost
Written by NoBroker.com
Published on May 15, 2020
RERA Extends Project Deadlines to Support Developers and Homebuyers
May 14, 2020 Although MSMEs, NBFCs and HFCs were major focus of the Finance Minister’s address, the real estate sector also got a major boost from the announcements made by Sitharaman on Wednesday. Offering a major relief to real estate developers, the FM extended the timeline for project
Written by NoBroker.com
Published on May 14, 2020
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.
Written by NoBroker.com
Published on May 13, 2020
