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Construction & Infrastructure News

Initiatives annnounced will bring about great impetus in demand for our pipes vertical

February 2017

Budget 2017 has rightly provided the much-needed focus on farmers and affordable housing. Good initiatives like increased fund corpus with NABARD, hi...

Budget 2017, NABARD, Affordable housing, Finolex Industries

Giving infrastructure status to affordable housing will increase the lending threshold by banks

February 2017

The Budget 2017 is an extremely positive Budget, aimed at giving benefits to the masses and weeding out unaccounted cash from the system. In the real...

Budget 2017, EMGEE Group, Affordable housing

The tax break of one year post receipt of the completion certificate for the unsold stock, gives a slight breather to builders

February 2017

The criteria for low-cost or affordable housing has been changed from built-up area of 30/60 sq m to carpet area of 30/60 sq m, thus making the low c...

Rashmi Deshpande, Khaitan And Co, Real estate sector, Affordable housing, Capital Gains

Re-financing is a major step that will increase availability of funds and competition will keep rates reasonable in the market

February 2017

It is a welcome Budget for the real estate sector. The government’s proposal towards reducing Capital Gain Tax to two year shall facilitate in invest...

Budget, Jitendra Mehta, Kanakia Spaces, Union Budget 2017-18, Capital Gain Tax, Affordable housing

The Budget did not address crucial aspects like SEZ policy or provide any further tax relief for SEZ

February 2017

The Union Budget 2017-18 was announced with the theme of Transform, Energise and Clean India (TEC), was largely geared towards rural growth, infrastr...

Anshul Jain, Cushman And Wakefield, Transform, Energise and Clean India, Affordable housing, RERA, Housing for All by 2022, Pradhan Mantri Awas Yojana, Make in India, FIPB, BREXIT, US politics

Industry status being given to affordable housing will help in increasing liquidity

February 2017

One of the best thing to happen to real estate sector is the industry status being given to affordable housing. This will help in increasing liquidit...

Deepak Kapoor, CREDAI Western UP, Union Budget 2017-18, Affordable housing

Neglected areas are increase of tax exemption in interest, ease of finance to industry and speedy approvals that would benefit the real estate sector

February 2017

Overall, the 2017 Union Budget is a good budget in general but mixed for real estate industry, which was looking for more from this budget....

Santosh Naik, Disha Direct, Union Budget 2017-18, Infrastructure, Affordable housing, FDI, Real estate sector, Budget

One of the major change is that the holding period for capital gains tax for immovable property is now reduced from three years to two years

February 2017

One of the major change is that the holding period for capital gains tax for immovable property is now reduced from three years to two years...

Union Budget 2017, ACME Group, Rajesh Doshi, Affordable housing
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