To console the realty sentiments in India S Jaipal Reddy – the union urban development minister has asked for more grants for better functioning of the realty cycle in India. According to the source of www.propertykhazanana.com he asked the prime minister to lessen the interest slabs of the banks for the realty sector so that the almost dying industry could breath some fresh air with some rate cut benefits.
Source of www.propertykhazana.com also reveals that the urban minister has asked Manmohan Singh to make reduction in Rs 5 lakhs loan to 6.5 percent from the current rate of 8.5 percent, and for the loans above Rs 5 lakhs should be settled to 7.5 per cent ignoring the previous 9.25 percent which will be targeted to the extreme limit of Rs 30 lakhs. For the income tax too he wants some modification which will be in the form of tax exemption up to the earning of Rs 3 lakhs and should prevail under Section 80 1B 10 to realtors. He also made recommendation to increase the exemption on rentals from current 30 percent to that of 50 percent.
As per the sources of www.propertykhazana.com the today’s realty has no more craze as before as it has crashed down to around 78 percent. Urban Minister also wants the housing projects to be categorized under the infrastructure sector and there should be adequate funding for the same purpose taking it as a prior case. Considering all these demands an official stated that “this could be better solution to uplift the downing industry from the grass root level to the top most floor of the Indian realty”. For more and latest realty updates browse www.propertykhazana.com.
Apartments, Flats and Property for Sale in New Delhi
Aug 01, 2015
Victorian Corporation is offering 2 bhk flat in Dwarka L Zone Delhi in its new residential project Victorian Privilege. The project is located in..
Jun 11, 2014
Antriksh Group launches a world class famous residential project of Antriksh Golf City noida. Types :Apartment, 2BHK, 3BHK Sizes :1050 - 1665 sq..
Apr 11, 2014
Well located apartment available for sale with all the modern amenities like power-backup, intercom, 24 hours security with CCTV surveillance,..
Mar 15, 2014
3 Bhk apartment for sale in rohini ........Please contact for more..
Mar 12, 2014
Available 1st and ground floor for sale at reasonable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,very near to main..
Feb 22, 2014
3 bhk apartment for sale in rohini delhi north.....please contact for more..
Feb 22, 2014
3 bhk apartment for sale is available in delhi north ..........please contact for more..
Feb 11, 2014
When you want to create a fresh perspective for your life, this is the best real estate option for you and your family. A self sufficient township..
Feb 10, 2014
Corner,200 yards (1800 sq Ft covered area),Freehold property,located in commercial road,in LAJPAT NAGAR-1, New Delhi.Three side balcony,3 Big Bed..
Dec 07, 2013
House is a building for human habitat on. It is one of the basic needs for many people, owning a home brings a sense of pride freedom that cannot..
Apartments, Flats and Property for Rent in New Delhi
Jul 19, 2016
For Rent New Friends Colony, Newly Built Second Floor 3 Bedrooms attached bathrooms, Drawing-Dining, Modular Kitchen, Excellent Wood work, Car..
Jan 14, 2016
For Rent at New Friends Colony, Nicely Built Third Floor 3 Bedrooms Attached Bathrooms, Drawing, Dining, Modular Kitchen, Car Parking, Woodwork,..
Jan 14, 2016
FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, S.Q. RENT..
Jan 06, 2016
FOR RENT DEFENCE COLONY NEWLY BUILT SECOND FLOOR 4 BEDROOMS ATTACHED BATHROOMS, DRAWING, DINING, MODULAR KITCHEN, CAR PARKING, LIFT, RENT..
Mar 12, 2014
Available 1st floor on rent in affordable price,2+1 with 1 attached toilet,white marble flooring,modular kitchen,nice location,very near to main..
Feb 25, 2014
Fully furnished 1 room with attached bathroom surrounding by green..
Jan 04, 2014
We offer our 3 BHK furnished apartment in defence colony. Apartment has three bedrooms with attached bathrooms. It has a modular kitchen which is..
Jun 05, 2013
1 ROOM SET, 1 BHK AND 2 BHK FULLY - FUNISHED are available for Rent in New Delhi at VASANT..
May 04, 2013
leigh appartment first floor for family, for sale in New..