24 Feb 2019
GST rate on affordable housing slashed from 8% to 1%
In a big favor to home buyers, the GST Council, on Sunday, slashed GST on affordable housing to 1%, down significantly from the previous 8%.
11 Aug 2018
CIDCO announces lottery for 14,838 affordable apartments in Navi Mumbai
The City and Industrial Development Corporation (CIDCO), a state planning agency, today announced a lottery for 14,838 affordable apartments in the Navi Mumbai area.
27 Jan 2018
New GST rate on house purchases for CLSS eligible buyers
The GST rate on buying houses has been reduced to 8% from the existing 12% for house purchases made under the credit-linked subsidy scheme (CLSS) under the Pradhan Mantri Awas Yojana (PMAY) Urban.
24 Oct 2017
Arun Jaitley talks GST, Bharatmala, affordable housing and more
At a press conference, Finance Minister Arun Jaitley reiterated the government's commitment to infrastructure development, affordable housing, a strong banking sector and more.
09 Jun 2017
SBI cuts interest rate on home loans to 8.6%
SBI has now slashed down the interest-rate of home loans above Rs. 75 lakh by 10 basis points. From June 15, the rate for the same will be 8.55-8.6%.
08 May 2017
SBI home loan interest rates slashed by 0.25% from tomorrow
SBI has announced a 0.25% cut in interest rates for affordable home loans under Rs. 30 lakh.
02 Jan 2017
"Affordable" housing for all: Banks cut lending rates
Following PM Narendra Modi's affordable housing announcement, home loan rates fell to their lowest in six years.