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Industry News - July 2024

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How the Real Estate Industry Benefited from the 2024-25 Budget 24 July, 2024
How the Real Estate Industry Benefited from the 2024-25 Budget 24 July, 2024

Finance Minister Nirmala Sitharaman presented the 2024-2025 Union Budget in Lok Sabha on July 23, 2024. In her seventh consecutive budget, Sitharaman highlighted that India's inflation remains low, st...

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Manoj Saunik Appointed as the New Chairman of MahaRERA 18 July, 2024
Manoj Saunik Appointed as the New Chairman of MahaRERA 18 July, 2024

Manoj Saunik, former Maharashtra chief secretary, appointed as chairman of Maharashtra Real Estate Regulatory Authority (MahaRERA), announced by the government. Saunik will assume charge after current...

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NAREDCO Advocates for Increasing Home Loan Interest Tax Exemption to Rs 5 Lakh 18 July, 2024
NAREDCO Advocates for Increasing Home Loan Interest Tax Exemption to Rs 5 Lakh 18 July, 2024

NAREDCO recommended increasing the tax exemption on interest for self-occupied property loans to Rs 5 lakh in the upcoming budget, up from the current Rs 2 lakh, to boost housing demand amidst rising ...

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Liyaans Properties, the Top Real Estate Company in Kolkata 10 July, 2024
Liyaans Properties, the Top Real Estate Company in Kolkata 10 July, 2024

Liyaans Properties has established itself as a premier real estate company in Kolkata, renowned for its commitment to quality and customer satisfaction. With a distinguished history spanning over 13 y...

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West Bengal Government Removes 2% Stamp Duty and Reduces Circle Rates by 10% 02 July, 2024
West Bengal Government Removes 2% Stamp Duty and Reduces Circle Rates by 10% 02 July, 2024

West Bengal government has decided to end the temporary relief measures for the real estate sector, which included a 2% reduction in stamp duty and a 10% decrease in the circle rate. These measures, w...

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