Browsing: affordable housing

There has been a sequential development of 51% in the residential sales throughout the final quarter of 2020, according to a report by JLL. While there is nonetheless a extended way to go, the worst is behind for the residential sector.

In a big push to cost-effective housing, the finance minister announced the extension of the tax vacation to the segment till March 2022. Income tax exemption has also been provided for notified ‘affordable rental’ housing projects.