Tag «Post-budget»

Post-budget reaction from Ganesh Vasudevan, CEO, IndiaProperty.com

As expected the first budget from PM Modi emphasized on affordable housing, improving infrastructure, and reviving buyers’ sentiments. Tax rebates like increase in housing loan exemption from INR 1.5 lakhs to INR 2 lakhs will encourage property seekers to finalize their pending property decision. Also, the tax exemption limit under 80C has been increased from INR 1 to INR 1.5 lakhs. …