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Real estate developers India

Cap on affordable housing should be increased to Rs 80 lakh to benefit homebuyers: CREDAI

25 November 2024 by Admin
Cap on affordable housing should be increased to Rs 80 lakh to benefit homebuyers: CREDAI

The Confederation of Real Estate Developers’ Associations of India (CREDAI), the apex body for realtors, has called for a 100 percent deduction on interest paid on home loans under the Income Tax Act to boost demand for affordable and mid-income housing.  CREDAI also proposed that the definition of affordable housing be revised, with the price … Read more

Categories Economy Tags Affordable housing cap revision, Affordable housing definition India, Affordable housing India, Affordable housing price cap, CREDAI, CREDAI demand for housing reforms, CREDAI President Boman Irani, Ease of doing business real estate India, GST on affordable housing, GST on under-construction homes, GST reduction on homes India, Home loan interest deduction, Home loan interest deduction India, Housing policy India 2024, Housing sector tax reforms, Income Tax Act home loan deduction, Mid-income housing demand India, Real estate developers association India, Real estate developers India, Real estate tax benefits India Leave a comment

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