GST: CREDAI seeks bank funding for developers to buy land for affordable housing projects – GST Station

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The housing market is so competitive that buying. are more affordable at the foothills of the Dandenongs, but catching the train to work would take around an hour, and that estimate does not factor.

CREDAI seeks bank funding for developers to buy land for affordable housing projects Description: Under the CLSS, affordable housing comprises units with a carpet area not exceeding 60 square metres within the cities of Chennai, Delhi, Kolkata and Mumbai, and 120 square metres elsewhere.

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The company has just built a housing complex comprising of 55 flats. Since the real estate market is down, Utopia could not sell all the flats and is left with 25 flats still up for sale! Utopia is ready to give heavy discounts if someone can buy in bulk, say 5 flats. Quite a.

ETRealty.com brings latest gst news, views and updates from all top sources for the Indian Real Estate industry.. CREDAI seeks bank funding for developers to buy land for affordable housing projects. Land funding is typically done by NBFCs or private equities, it said, but added that cost to.

Home / Business / CREDAI seeks bank funding for developers to buy land for affordable housing projects It has also stated that the definition of affordable housing should be same across all the.

CREDAI seeks bank funding for developers to buy land for affordable housing projects A home buyers association has written a letter to the Prime Minister demanding creation of a task force to identify stuck housing projects and nominate a PSU to complete these homes through creation of a stress fund.

Bank finance against lands, increase in tax exemption limits for home buyers, solution to NBFC crisis, faster clearance to realty projects and boost to infrastructure sector top the wish list of.