Union Budget 2020: NAREDCO seeks bold measures to resurrect real estate sector; says industry facing serious liquidity crunch
On liquidity issue, he said the real estate industry is facing serious challenges and needs bold fiscal measures for resurrecting the reeling industry.
Uttar Pradesh tops, completes 4.30 lakh affordable houses under PMAY in 2019; Gujarat, Andhra Pradesh come second, third
bout 32 lakh homes have been completed under the PMAY (U) across the country by 2019-end and another 28.42 lakh homes have been delivered to the beneficiaries, the report said.
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Govt's boost to real estate disappointing, says CREDAI; key demands such as tax rebate yet to be addressed
CREDAI's national chairman Jaxay Shah said the fund created for completing the stalled real estate projects will have limited impact.
With the hard decisions now taken, the Indian real estate sector fervently hopes that it is at the receiving end of the benevolence implied in a populist budget
The Union cabinet chaired by Prime Minister Narendra Modi accepted the recommendations of an Inter-Ministerial Committee to increase interest subvention to 6.50 percent on housing loans to beneficiaries belonging to economic weaker section (EWS) including slum-dwellers and low income groups (LIGs).