2025-02-01 15:46:00 :
New Delhi, APEX Bodies Credai and Naredco of the real estate agent on February 1st, said on Saturday that the industry expects that there are many benefits in the budget of union budgets, including the interest hikes paid on housing loans and SOP to increase the burden to afford the burden. Housing, even if these two associations praise the establishment of the establishment Bleak15,000 million funds to complete stagnant housing projects.
Credai National President Boman Irani said the exemption of income tax should be paid Bleak1.2 million, plus the rent threshold of TDS Bleak240,000 to Bleak600,000, will greatly increase disposable income, increase housing demand and overall consumption.
NAREDCO National President G Hari Babu said the decision to exempt income tax exemption BleakIn the taxation under the new regime, 1.2 million rupees have been obtained from taxes. This is an important motivation for secondary income groups that makes it easier for houses to obtain and encourage people to invest in the housing department.
However, both Iran and Hari Babu believe that the budget can be a more role in the real estate sector, especially the affordable housing market.
“This budget supports economic stability and positive market emotions. However, the industry expects other measures, such as further incentive measures to increase demand for affordable houses. Credai said.
The industry also seek revision in the definition of housing definitions based on the size of the minimum housing rather than unified. Bleak4.5 million national values.
Iranians said: “These steps may provide additional stimuli for the market and improve housing burden.”
He said BleakSWAMIH FUND 2000 billion rupees are a key step towards a stagnant housing project to ensure that the interests of buyers are protected.
In addition, providing benefits to two self -occupied properties without conditions will further increase housing ownership.
NAREDCO’s Hari Babu said that the government has made a good move with SWAMIH Fund 2, and there are other other moves, and there are other others Bleak$ 1500 billion is specially used to complete housing projects that are trapped due to financial distress.
He said that the move directly benefited the middle -class family, many of which were juggling for house loans, and also paid the rent for alternative accommodation.
“However, the budget in 2025 may also solve some key areas, especially the affordable housing department. The increase in interest rates in housing and the outdated economic housing as many potential homeowners has caused obstacles.”
Samir Jasuja, the founder and CEO of Propequility, said Swamih Fund 2 was assigned BleakConsidering that the government’s goal is to complete 100,000 units, 150 million are a small and popular move.
According to Propequity, nearly 2,000 housing projects in 42 cities in 42 cities including 508,000 units have stalled. PhD
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