Budget 2013-14: Hike home-loan subsidy, rebate on rates: Casa Grande

Written By Unknown on Kamis, 21 Februari 2013 | 20.07

Arun Kumar
Casa Grande

In 2011, a 1 percent interest rate subsidy was provided for loans towards affordable housing. The scope of this subsidy should be amplified and broadened to include a wider price band of budget housing to benefit home buyers, especially in lower income groups.

Tax rebates on home loan interests can be increased from present Rs.1.5 Lakhs to 2.5 Lakhs/- enabling more investments in real estate.

In the current scenario, significant homes are sold on suburban locations and infrastructure follows the real estate development. The cost of builder providing the infrastructure is high and this impacts the affordability. Increase in spends on infrastructure would negate this incremental cost making housing affordable.

For retail, FDI needs to be relaxed upto 51 percent into multi-brand retailing. Indian retail will benefit greatly from increased spending in back-end logistics infrastructure and growth of organised retail.

The Finance Minister should bring out strong and convincing evidence of intention to implement the proposed real estate regulator in 2013, and provide single-window clearance for real estate development projects.



Anda sedang membaca artikel tentang

Budget 2013-14: Hike home-loan subsidy, rebate on rates: Casa Grande

Dengan url

http://harmonisem.blogspot.com/2013/02/budget-2013-14-hike-home-loan-subsidy.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Budget 2013-14: Hike home-loan subsidy, rebate on rates: Casa Grande

namun jangan lupa untuk meletakkan link

Budget 2013-14: Hike home-loan subsidy, rebate on rates: Casa Grande

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger