As per current tax laws, for properties rented out, a borrower could deduct the entire interest paid on home loan after adjusting for the rental income.
The demand of office space is expected at 8 million sq ft in the 2017 calendar year against 8.6 million sq ft occupied in last year.
The average prices of unsold units almost remain stagnant at Rs 6,683 per square feet as buyers and sellers delayed their decisions.
The court said 90 per cent of the interest amount that would be deposited with its registry would be disbursed to the 39 buyers who have opted out.
DLF is targeting to complete about 15-16 million sq ft by end of this year and create finished stocks amid slow sales in the residential segment.
News Corp-backed portal PropTiger.com tracks primary residential markets of nine cities - Gurgaon, Noida, Mumbai, Pune, Bengaluru, Hyderabad, Chennai, Kolkata and Ahmedabad.
RBI Governor Urjit Patel on Wednesday kept the policy rate unchanged at 6.25 per cent.
The private placement of secured redeemable non-convertible debentures (NCDs) for a total amount of Rs 1,025 crore including green shoe option, will open on January 30, the company said.
Overall, Fitch Ratings has assigned a negative outlook to almost one third of the Asia Pacific (APAC) corporate sectors for 2017.
From application to refund, the Delhi Development Authority had this time planned to make the scheme an online affair to reduce the long queues of flat buyers at its headquarters.
Home sales in Bengaluru, which is seen as a resilient market, also fell 45 per cent in the October-December quarter as compared to the year-ago period.
Dhruv Agarwala, co-founder and CEO of PropTiger, will serve as CEO of the joint entity. Jason Kothari, CEO of Housing.com, has decided to move on to pursue other opportunities in the Indian internet space, the statement said.
Housing.com's current CEO, Jason Kothari, will leave the company after the deal, while PropTiger co-founder and CEO Dhruv Agarwala will head the joint entity, the companies said.
An infrastructure investment trust (InvIT) is like a mutual fund that enables direct investment of small amounts from individual/institutional investors into infrastructure to earn a small portion of the income as return.
Spanning 2.6 million sqft, eight malls are likely to become operational in Hyderabad during 2017.
The house price to annual income ratio in Mumbai is 9. It should not be more than 4 at any point of time.
Under the 'Pradhan Mantri Awas Yojana', the urban poor people constructing houses will get up to four per cent subsidy on interest rate for constructing houses up to Rs 9 lakh. The interest rate subsidy will be three per cent on house construction cost of up to Rs 12 lakh, the Prime Minister said.
HDFC's Keki Mistry cited the example of the demand for housing which suffered in the wake of the Lehman crisis in India to back his optimism.
Multiple reports following the November 8 demonetisation have also said that there may be adverse impact on the real estate sector.