Budget 2024 expectations: Naredco proposes higher home loan deduction limit, SWAMIH 2.0 and more
Real estate developers’ body the National Real Estate Development Council (NAREDCO) has suggested that the finance minister consider increasing the tax exemption on interest on self-occupied property loans to ₹5 lakh from the current limit of ₹2 lakh to augment housing demand and sought tax incentives from the government to boost supply of affordable housing stock.
It has also recommended that the government come up with the second tranche of the Special Window for Affordable and Mid-housing (SWAMIH) Fund.
