mumbai a tax holiday for affordable housing and an exclusive regulator are among the demands of the real estate sector from budget 201011with a strong push now being given to affordable housing a tax holiday under section 801b for affordable housing should be given for units below 1200 sqft marathon groups manging director mayur shah saida specific tax incentive and rationalisation of stampduty registration charges would lead to further investments in affordable housing projects lodha developers managing director abhisheck lodha saidthe industry also called for an upward revision of tax exemption by up to rs three lakh on housing loansan upward revision to the extent of rs three lakh compared to rs 150 lakh available now on housing loan interest payment under section 24 b of the it act will help boost demand for residential units sahara prime citys ceo sushanto roy saidhe also called for a tax holiday for hotels under section 80 1d to be extended to 10 years from the present fiveyears in view of the long gestation period for the industry