gurugram affordable housing

Looking at the rising demand for affordable housing sector since last 18 months, the real estate developers are planning to launch more affordable housing projects. This will enable them claim 100% tax deduction on profits from such projects. Last year only, the timeline for approval of such projects had been extended by the government on or before 31 March 2020. This step has been taken to show continued interest from realty developers’ side to build and launch more affordable housing projects thereby helping the government to achieve the “Housing for All” objective.

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