Indiabulls Housing Finance: Big movers on D-St: What should investors do with Suzlon, Indiabulls Housing Finance and IIFL Finance?

[ad_1] The Indian market closed nearly 2 per cent lower on Friday, pushing the S&P BSE Sensex below 55,000 while the Nifty 50 slipped below the 16,300 level. The sector witnessed selling pressure in oil & gas, technology, energy and banks, while some buying was seen in the telecom sector. The stocks that were in focus included names like Which fell more than 3 percent, which fell more than 4 percent, and which rose more than 7 percent on Friday. Viral Chheda, Technical Analyst at SAJ Finance & Securities shares…

Max Estates to acquire Accord Hotels & Resorts for Rs 306 crore; to enter the housing section

[ad_1] Max Ventures and Industries Ltd (MaxVIL) on Monday said it will acquire Accord Hotels and Resorts Pvt Ltd, which owns 10 acres of land in Noida, for Rs 306 crore. Maxville said in a statement that its arm Max Estates Ltd will acquire 100 per cent equity in Accord Hotels & Resorts. After the Rs 306 crore acquisition, Accord Hotels & Resorts will become a 100 per cent subsidiary of Max Estates. Accord Hotels & Resorts owns a fully paid-for 10-acre land parcel located in Sector 128, Noida. This…

Full understanding under 80EEA – Housing for all

[ad_1] Full understanding under 80EEA – Housing for all Budget 2019: Introduced in the 2019 Budget, Section 80EEA allows first-time home buyers to save an additional Rs 1.50 lakh per year on home loan interest expenses if they buy an ‘affordable property’. Deduction under section 80EEA exceeds Rs 2,00,000/-, which is the maximum permissible under section 24. (b). But the deduction under section 80EEA is linked to the cost of the house and is available on purchases up to Rs 45 lakh. The carpet area of ​​a residence determines its…