Property News from IndianRealtyNews |  |
| TCIL Plans Exit from Real Estate Business Posted: 31 Aug 2010 04:06 AM PDT Transport Corporation of India (TCIL) will demerge its real estate and warehousing divisions in next three months and expects to create greater value for shareholders through the hive-off. After the demerger, the company would focus on the core activity of providing logistic services, according to a report published in Financial Express. "Our board approved the [...] |
| Realtors Express Satisfaction on Tax Exemption in Housing Loan Segment Posted: 31 Aug 2010 04:03 AM PDT Realty firms and consultants have expressed satisfaction on the proposal to retain income tax exemption on interest up to Rs 1.5 lakh a year on housing loan, but said the government needs to enhance the limit. “It is a very good thing that the government has retained the exemption. It will have a feel-good sentiment [...] |
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