Housing 2019

Union Budget 2019: Property consultant Anarock demands industry status for real estate sector, more bank funds, ITC benefit in GST

Property consultant Anarock has demanded industry status for the real estate sector, single-window clearance for development and increase in bank funding to developers for completing projects in its wish list for the upcoming budget

Union Budget 2019: Realtors body NAREDCO calls for boost to rental housing through incentives like 10-year tax holiday

Realtors body NAREDCO has demanded a boost to rental housing in the upcoming budget from the government through incentives like 10-year tax holiday to real estate developers on the profit earned from the business

Proposal to rollover capital gains for two properties is deeply flawed: Don't uncork bubbly yet, there is a catch here

Instead of putting an Rs 2 crore cap on long-term capital gains, a cap should have been put on the selling price of the original house at say Rs 4 crore.

Real estate sector sees budget boosting consumer sentiment, proposal to lower GST on homebuyers encouraging

Budget 2019: Finance minister Piyush Goyal proposes to hike TDS threshold on rent income to Rs 2.4 lakh

Finance Minister Piyush Goyal on Friday proposed to increase tax deducted at source (TDS) limit on rent income to Rs 2.4 lakh from the current Rs 1.80 lakh

Budget 2019: Govt should instruct banks to allocate part of new disbursements for critical needs of real estate sector

In the past five years, share of banks in addressing funding needs of the real estate industry has been going down with most of the demand being catered to by housing finance companies and NBFCs.

Realty sector seeks extension of tax holiday sunset clause for SEZs to boost office demand, drive fresh investments

From a real estate developer’s perspective, increasing the scope of affordable housing projects qualifying for the tax holiday would make it more attractive for new project investments.

Budget 2019: Govt must boost liquidity in realty sector, create Rs 2,000 cr fund for stalled projects, says NAREDCO

Realtors' body NAREDCO on Tuesday demanded that the Centre should take some steps in the coming Budget to boost liquidity in the sector post-NBFC crisis and create a Rs 2,000 crore dedicated fund to complete stalled projects

Institutional investment in real estate may rise slightly to $5.5 bn in 2018: Report

Real estate shows recovery signs, housing sales rise 50% in 2018; year-end liquidity crunch limits strong growth

Property developers and consultants expect housing sales to remain subdued in the first half of 2019 due to the continuing NBFC liquidity crisis and upcoming general elections.