Union Budget 2024: NAREDCO pitches for raising tax exemption limit on home loan interest to Rs. 5 lakh
Realtors' body NAREDCO on Tuesday suggested that the tax exemption on interest on self-occupied property loans should be increased to ₹5 lakh in the upcoming budget from ₹2 lakh currently to boost housing demand amid a rise in housing prices and mortgage rates. Builders also sought some tax incentives to boost demand and supply of affordable homes.
