Finance Minister Nirmala Sitharaman on September 14 announced new measures to boost growth in the housing sector of India. She has announced a special window that will provide last-mile funding to housing projects in affordable and middle-income category. In a major boost to stuck housing projects, the Finance Minister announced […]
Homebuyers may see some respite from sticky lending rates on home loans as banks have started passing on the benefits of Reserve Bank of India’s (RBI’s) repo rate cuts to them. State Bank of India (SBI), the country’s largest lender, is the first bank to offer home loan with a […]
First Published @ May 20, 2019 5:05 pm In a major relief to lakhs of aggrieved home buyers, the National Consumer Disputes Redressal Commission (NCDRC) in its order has ruled that the home buyers can now seek a full refund from builders if the possession of the flats is delayed […]
First Published on Apr 5, 2019 @ 9:01 pm The Reserve Bank of India (RBI), on Thursday, cut the repo rate by 25 basis points or 0.25 percent to 6 percent. This is the second back-to-back rate cut in this calendar year by the six-member Monetary Policy Committee (MPC) of […]
Published on Apr 01, 2019 @ 10:56 pm As a home buyer, it is essential to ensure proper financial planning before you make the decision to buy it. Purchasing a home is essentially one of the huge financial commitments in your life. Hence, knowing your budget and preparing for the […]
Published on Mar 21, 2019 2:40 am The GST Council in its 34th meeting on Tuesday approved a transition plan after deliberating on the rules and related issues for the implementation of the lower tax rates for under-construction housing units. In a big relief to realty sector, the Council offered […]
Published on Mar 15, 2019 5:10 am In the midst of the code of conduct of general elections, the Election Commission has given its approval for holding the GST Council meeting on March 19. The nod from the Election Commission (EC) was required as the model code of conduct has […]
Published on: Feb 25, 2019 @ 02:44 In a major relief to home buyers and the real estate sector, the Goods and Services Tax (GST) Council has approved the proposal for lowering the GST rate on under-construction residential properties in both the Affordable and Non-affordable housing segments. In the 33rd GST […]