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Union Budget 2022: Great expectations

Author: External Author |

Article by Business Law Chamber

The government will continue to put in its sincere efforts in pushing affordable housing. The cap of Rs 2 lakh per annum against interest rate deduction under section 24(b) of the Act needs to be hiked to at least Rs 5 lakh along with removing the Rs 45 lakh cap from affordable housing, which will boost the affordable and mid-segment housing in a big way.

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Original Article Source Credits:   ConstructionWeek ,

Article Written By:  Jayashree Mendes

Original Article Posted on:  January 13, 2022

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