Real Estate 2019

Budget 2019-20: Finance ministry may look at 10-year tax holiday on rental profits earned by builders

The finance ministry may look at a 10-year tax holiday for real estate developers on profits earned from rental housing as it looks to revive investment and boost a slowing economy, sources said

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

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: Aim at policies to reintroduce income tax deduction on principal and interest on a second home loan

Reduction in house loan rates for home buyers with more tax benefits to the consumers will be welcome

Budget 2019: Industry wants tax benefits on home loans, tariffs to protect domestic manufacturers, GST rationalisation

Finance minister Piyush Goyal will present the interim budget for 2019-20 fiscal on 1 February, 2019

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

Group of Ministers to look into feasibility of GST rationalisation, composition scheme for real estate

A ministerial panel headed by Gujarat Deputy Chief Minister Nitin Patel would look into the possibility of rationalisation of GST rate in real state sector besides formulating a composition scheme