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National News

Jindal group forays into real estate. Haridwar Greens project launched. Logix Group launches project in Noida. Budget 2010 mixed for realty, boost for affordable housing. Interest subvention scheme for home loans extended. Indiabulls Real Estate to demerge wholesale trading biz.

International News

Britain's housing market could dip again - Barker. Abu Dhabi Housing Units to Grow by 5,000-10,000. Stamp duty hike unlikely to cool HK property market. Al Hanoo Real Estate launches Marsa Al Nejoum as its development arm. New condos going up in Frisco. Welsh Company Builds Recyclable Homes.

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News

News Title:	Interest subvention scheme for home loans extended	Date:2010-02-26
Description:	Finance Minister Pranab Mukherjee extended by a year the one per cent interest subvention scheme for housing sector and provided Rs 700 crore for it, in the Union Budget 2010-11. "I propose to extend the interest subvention scheme for housing sector to March 2011," he said unveiling the budget proposal in the Lok Sabha. Under the scheme, introduced last year, home buyers get one per cent interest subsidy for banking loans up to Rs 10 lakh, provided the cost of house does not exceed Rs 20 lakh. Source: Business Standard

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