Govt rules out tax incentive beyond Rs 2 lakh for second home
Ruling out rollback of the proposal to restrict tax incentive for second home to Rs 2 lakh per annum, Revenue Secretary Hasmukh Adhia on Saturday said there is no point in subsidising purchase of second property by those who have surplus funds.
Feb 04, 2017, 17:11 PM IST
Housing sales up 7% in Jan-June in 8 cities; unsold stock down
Showing signs of revival, housing sales rose by 7 per cent in the country's eight major cities at 1.35 lakh units during January-June period of this year leading to a decline in unsold inventories, according to real estate consultant Knight Frank India.
Jul 04, 2016, 17:06 PM IST
Mumbai real estate value to go up 6%: Report
Contrary to speculation among buyers and investors that housing property prices may further dip in the city, global real estate firm JLL India hinted that these would appreciate six percent this fiscal (2015-16).
May 21, 2015, 13:59 PM IST
