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Budget FY23: Realty seeks incentives on home loans, rental income, GST cut on inputs

With the Union Budget for FY23 round the corner, real estate developers have started making their suggestions and recommendations to the Centre for including them in the Budget document.The Budget will be tabled in the Parliament on February .

Budget FY23: Realty seeks incentives on home loans, rental income, GST cut on inputs

Budget FY23: Realty seeks incentives on home loans, rental income, GST cut on inputs
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Mumbai property registration record: October 2021 recorded surpasses year-ago period

Home loan rate cuts by key lenders to help push housing sales momentum further

Home loan rate cuts by key lenders to help push housing sales momentum further SECTIONS Share Synopsis The country’s largest private mortgage lender HDFC has reduced the interest rate on its home loans to 6.75% from 6.8%. This reduction in home loan rate was announced just days after banks like the State Bank of India (SBI) and Kotak Mahindra Bank announced rate cuts. The banks are competing to grab the home loan customers before the fiscal year ends The reduction in home loan interest rates to the record-low level by leading financiers including the Kotak Mahindra Bank is expected to boost the current housing sales momentum further.

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