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Wave chairman Manpreet Singh Chadha, wife announce amicable separation

After two decades of being married, Wave Group chairman Manpreet Singh Chadha has announced a formal separation from his wife Sanamdeep Chadha.The couple, who share four children together, have issued a joint statement in this regard.While . ....

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Wave City emerges as an epitome of smart, sustainable, and state-of-the-art housing

Wave City emerges as an epitome of smart, sustainable, and state-of-the-art housing
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Demand for affordable housing to rise on extension of tax sops: Realtors


The government s decision to extend additional tax deduction of Rs 1.5 lakh on home loan interest till March 2022 and tax holidays on affordable housing projects in the Budget will boost demand for residential properties, according to real estate developers and consultants.
However, builders were disappointed as the finance minister did not consider many demands, including industry/infrastructure status, single-window approval for projects, input tax credit on GST and extra allocation in stress fund.
The chairman of realtors apex body CREDAI, Jaxay Shah, said this will boost overall demand for affordable housing, the fastest growing segment for the real estate sector.
The proposed amendments to allow debt funding through REITs would help in attracting more investments in real estate sector, CREDAI President Satish Magar said, adding that the proposal to make dividend payments to REIT exempt from TDS would encourage retail investors to explore investment opportunit ....

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