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RBI Holds Repo Rate Steady for 10th Time; Home Loan Rates Likely Unchanged 16 October, 2024
RBI Holds Repo Rate Steady for 10th Time; Home Loan Rates Likely Unchanged 16 October, 2024

For the tenth consecutive time, the Reserve Bank of India (RBI) has kept the repo rate steady at 6.50%, as decided by a 5:1 vote in the latest Monetary Policy Committee (MPC) meeting on October 9, 202...

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Understanding Repo Rate: Impact on Loans and Economy Explained 15 October, 2024
Understanding Repo Rate: Impact on Loans and Economy Explained 15 October, 2024

In its October 9, 2024 meeting, the RBI’s Monetary Policy Committee (MPC) decided to keep the repo rate steady at 6.50 percent for the tenth time in a row. This decision offers relief to home lo...

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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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Banks Aim to Increase Their Share of the Expanding Real Estate Market 06 May, 2024
Banks Aim to Increase Their Share of the Expanding Real Estate Market 06 May, 2024

Last fiscal year, bank loans for commercial real estate, including residential construction, almost tripled, showing a growth of 23% when not considering the HDFC and HDFC Bank merger impact. The tota...

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Sustainability is Shaping the Future of Real Estate 12 June, 2023
Sustainability is Shaping the Future of Real Estate 12 June, 2023

Sustainability has become a key factor in the real estate industry, shaping the way buildings are designed, constructed, and operated. With the rise of climate change concerns and the need for more en...

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Reasons to Buy a Property During Navratri 2022 26 September, 2022
Reasons to Buy a Property During Navratri 2022 26 September, 2022

Navratri is celebrated with nine days of divine power devoted to the manifestations of the idol Durga. There has never been a better time to buy a apartment. Real estate purchases during Navratri are ...

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7-point homebuyer’s checklist for 2022 16 September, 2022
7-point homebuyer’s checklist for 2022 16 September, 2022

After several years of tardy growth, a surge in demand for residential property has led to a smart uptick in real estate prices across the country. Delhi NCR saw the biggest jump in prices, with pric...

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Real Estate Regulatory Authority Increasing transparency in real estate sector 16 August, 2022
Real Estate Regulatory Authority Increasing transparency in real estate sector 16 August, 2022

India’s real estate sector has come a long way in the past few decades. From a largely unorganized and unregulated sector, it has become one of the largest and most resilient real estate industr...

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Reason Why Home-Buyers More Interested in Buying a Flat in New Town 08 August, 2022
Reason Why Home-Buyers More Interested in Buying a Flat in New Town 08 August, 2022

Kolkata’s real estate market is witnessing a speedy transformation. The city’s property market, coming out from the stagnation post demonetization and GST, has gained much momentum in rece...

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Repo Rate Hike: How will homebuyers get impacted and what should they do? 05 August, 2022
Repo Rate Hike: How will homebuyers get impacted and what should they do? 05 August, 2022

The RBI increased the repo rate — the rate at which the central bank of the country lends funds to the commercial banks — by 50 basis points (bps) to 5.40 per cent in its bi-monthly policy...

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West Bengal CREDAI seeks for the aid of the realty sector to Bengal CM 08 June, 2020
West Bengal CREDAI seeks for the aid of the realty sector to Bengal CM 08 June, 2020

The developers of west Bengal has got the help from the state on certain packages like waivers on taxation and deductions on stamp duty of the properties when the real estate industry was drowning und...

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Notification of amendments on CGST Laws by Finance ministry 20 May, 2020
Notification of amendments on CGST Laws by Finance ministry 20 May, 2020

With retrospective amendment of CGST the centre got more expanded time for the disbursal of input tax credit. In the amendment of CGST which is related to the transitional arrangements and is more eff...

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