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SWAMIH fund MSME: Naredco recommends phase two of SWAMIH fund, MSME status for real estate sector in upcoming budget

The National Real Estate Development Corporation (NAREDCO), the apex body of real estate developers in India, has urged the Union Finance Minister to remove income tax on unsold flats and demand MSME status for access to low interest loans. The developers body has recommended phase two of the Special Window for Affordable and Mid-Income Housing (SWAMIH) fund for stressed projects and ITC under GST for residential projects ahead of Budget FY25.

G hari babuNirmala sitharamanNational real estate development corporationUnion finance minister nirmala sitharamanSpecial windowMid income housingCall governmentFinance billCentral governmentOfficial gazetteSwamih fund msmeNaredco recommendsMsme statusNaredco recommends phase

NAREDCO seeks in budget Rs 50 k cr more under SWAMIH for stalled housing projects; input tax credit under GST

NAREDCO seeks in budget Rs 50 k cr more under SWAMIH for stalled housing projects; input tax credit under GST
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G hari babuNirmala sitharamanNational real estate development councilSpecial windowMid income housingState bankUnion finance minister nirmala sitharaman

NAREDCO seeks ₹50,000 crore more under SWAMIH Fund in Budget 2024

In a letter to Union Finance Minister Nirmala Sitharaman, NAREDCO has sought other budgetary relaxations, including allowing input tax credit under GST

G hari babuNirmala sitharamanNational real estate development councilSpecial windowMid income housingUnion finance minister nirmala sitharamanState bankBudget 2024Real estate sectorDelayed projectsSwamih fund

NAREDCO seeks in budget Rs 50,000 crore more under SWAMIH for stalled housing projects

The government recently informed Parliament that as of November 16, 2023, 342 proposals aggregating to Rs 37,554 crore have been approved under SWAMIH. This will benefit around 2,18,699 homebuyers and unlock projects worth Rs 94,367 crore.

G hari babuNirmala sitharamanNational real estate development councilSpecial windowMid income housingState bankUnion finance minister nirmala sitharamanSbicap venturesState bank of indiaReal estate projects

Unchanged policy rate to help sustain strong housing demand: Realtors

business reporter real estate developers on friday said the rbi should have reduced the key interest rate to boost growth in the sector as macro-economic parameters are currently favourable. they also urged the ape

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