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Mchi Credai Mchi Credai

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Residential builders stare at a bleak year

CREDAI-MCHI, a body of developers in Mumbai, has pegged the drop in sales booking at around 80 per cent in the February-March period this year. This is the second highest fall in residential sales......

Here's how tax exemption hike on housing loan interest benefits you

A person in the 30% income tax bracket with a Rs 40 lakh home loan at 9% interest rate would, under the Rs 3.5 lakh interest exemption, will save Rs 105,000 in tax in the first year, against Rs......

Mumbai realtors seek early green clearance

Mumbai’s struggling realty sector has received a partial relief with the Maharashtra government agreeing to set up a separate panel to carry out environment impact assessment of realty......

Maharashtra realty to cost more

Property in Maharashtra just got more expensive. The state government has increased the market value of real estate by 10-20 per cent in its Ready Reckoner 2010. The ready reckoner is a guide for......
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