With an aim to create a corpus to fund housing projects for the weaker sections of the society, the Government of Tamil Nadu has proposed a shelter fund cess from land development projects and industrial projects of a certain size.
It is that time of the year again - the smell of wet mud, blossoming greenery and brimming rivers and lakes.
India is now facing a housing boom, estimated to reach $1.3 trillion in the next seven years.
Pricing and affordability
While the recent demonetization hurt the real estate market across India, experts pegged it as the ideal time to buy property as prices had dropped considerably.