Taken a home loan for an under-construction property? Budget 2026 clarifies tax treatment of pre-construction interest

Ahmedabad-based Kushal Sharma took a ₹50 lakh home loan for an under-construction, self-occupied property and paid ₹1.5 lakh in interest before taking possession. Budget 2026 has clarified that such prior-period (pre-construction) interest can be claimed in five equal instalments after the completion of construction. However, the total annual deduction for home-loan interest on a self-occupied […]

Budget 2026 real estate expectations: Will homebuyers get higher interest deduction and affordable housing threshold?

With the Finance Minister set to present Budget 2026 on February 1, homebuyers are keenly watching for measures that could impact affordability and financing. Personal finance experts say the focus should be on borrowing costs, tax incentives, and access to credit to help buyers plan their first or next home. Budget 2026: Homebuyers are seeking […]

Uttar Pradesh real estate sector sees 53% jump in investments in 2025 amid pan-India developer interest: UP RERA chief

Investments in Uttar Pradesh’s real estate sector have increased by more than 53 per cent to touch nearly ₹69,000 crore in 2025, as developers from across the country, including Maharashtra and Karnataka, continue to show strong interest in the state, UP RERA chairman Sanjay R Bhoosreddy said at the ICC Real Estate Summit 2026 held […]

As developer fails to pay interest, MahaRERA issues recovery warrant

Mumbai: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has issued a recovery warrant against Omkar Realtors and Developers for not paying interest to a homebuyer after delaying handing over the flat to them. Alta Monte Signet project in Malad. The warrant has been sent to the Mumbai suburban district collector, directing officials to recover the […]