The Real(ty) Snips: Tuesday Highlights

The Real(ty) Snips: Tuesday Highlights

The Real(ty) Snips: Tuesday Highlights. Your inside track to the latest Delhi NCR real estate landscape from KnowbleR.

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YEIDA's Residential Plot Scheme to Boost Yamuna Expressway's Potential

The Yamuna Expressway Industrial Development Authority (YEIDA) has unveiled a new residential plot scheme that is expected to unlock the immense potential of the Yamuna Expressway region. This scheme offers a unique opportunity for individuals to purchase plots and construct their dream homes in close proximity to the expressway.

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Realty Sector Seeks Infra Boost, Affordable Housing Push from Modi 3.0

As the Narendra Modi-led government embarks on its third consecutive term, the real estate sector in India is pinning its hopes on a renewed emphasis on infrastructure development and the promotion of affordable housing initiatives. Industry stakeholders are urging the government to prioritize these key areas, recognizing their potential to catalyze growth and address the housing needs of the nation.

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Suraksha to Pay First Tranche to YEIDA for Jaypee Infra Takeover Before Aug 24

The Suraksha group, which has successfully acquired the insolvent Jaypee Infratech Limited (JIL) through the insolvency resolution process, is set to make the first tranche of payment to the Yamuna Expressway Industrial Development Authority (YEIDA) before August 24, 2024. This payment is a crucial step in fulfilling the conditions set by YEIDA for transferring the rights of the Yamuna Expressway project to the new owners.

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Possession Date Crucial for Tax Benefits on Under-Construction Properties

The article highlights the importance of the possession date for homebuyers purchasing under-construction properties to avail of tax benefits. According to the report, the possession date plays a critical role in determining the eligibility and extent of tax deductions available to buyers.

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This is a concise extract from KnowbleR's authoritative real estate intelligence newsletter. As an impartial property consulting firm, we pride ourselves on delivering unbiased, data-driven insights to our esteemed clients.

While this preview offers a glimpse into the latest industry developments, we encourage you to enlist our bespoke advisory services. Our seasoned professionals leverage in-depth market research, rigorous analysis, and a profound understanding of the dynamic real estate landscape to furnish tailored solutions. From strategic advisory to transaction support, KnowbleR partners with you to navigate complexities and capitalize on emerging opportunities with utmost proficiency.

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