- 100% tax exemptions for Affordable Housing Completed within 3 years
- For first time buyers, additional deduction of INR 50,000/- on interest of loans up to INR 35 lakhs.
- Exemption of service tax on construction of affording housing (60 square metres) of any schemes of the Central or State Government including PPP schemes
The Economic Times believes that housing plays an important role for an
individual, community and society as a whole. A good quality housing requires
good investment, and a healthy investment is possible only if we have a strong
housing finance market. Thus, we at the Economic Times would like to bring
to you India’s first ever initiatives on housing loans called ‘The Economic
Times Housing Finance Summit 2016’. This summit aims to bring together
housing and housing finance stakeholders along with the regulating bodies
under one platform to discuss and deliberate on the issues, challenges,
opportunities and future scenario in India.