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Construction & Infrastructure News

The government may release land specifically for affordable housing development in central locations of major urban centers in India

February 2017

The announcements in Union Budget 2017-18 provided the much necessary push to housing affordability. Host of incentives to propel demand, streamline ...

Neeraj Bansal, Real Estate, Construction, KPMG in India, Union Budget 2017-18

The year 2017 will be the year of affordable housing

February 2017

We welcome the government decision to bring affordable housing in the infrastructure sector. Also, definition of affordable housing changed to make...

Pankaj Bansal, M3M, Union Budget 2017-18, Long Term Capital Gain

This is a great move to providing tax relief to developers in the residential sector

February 2017

Finance Minister impetus on ‘Housing for All by 2022’ by way of given affordable housing an infrastructure status is indeed a welcome step and will b...

Gaurav Gupta, Omkar Realtors, Union Budget 2017-18, Infrastructure

NHB allocation to refinance individual loans worth Rs 20,000 crore in new fiscal is an advantage to affordable housing

February 2017

Besides doing the much required ‘clean-up’ act, Budget 2017-18 gives major boost to the affordable housing and infrastructure sectors. The fact that ...

Jaffer Ali, PropUrban, Union Budget 2017-18, Housing for All by 2022, affordable housing, Clean-up, Budget 2017-18

Payment of capital gains by landlord on Joint Development agreements in the year of completion is a welcome move

February 2017

True to its expectations, Budget 2017 has spelt out roadmaps and allocations across various initiatives of the Central Government and the Finance Min...

Ashish Puravankara, Puravankara, Budget 2017, GST, RERA, GDP

The scheme for profit linked income tax deduction for affordable housing is encouraging for both consumers and the real estate sector

February 2017

The focus of the Union Budget 2017 on making affordable housing an infrastructure status is a very positive move by the government in order to ensure...

Sandeep Runwal, Runwal Group, Union Budget 2017, National Housing Bank

The relief in capital gains tax on real estate properties is a welcome step as it would help enhance investment as well as demand in real estate

February 2017

The Budget for FY2017-18 has the potential to give the much needed impetus to affordable housing in the country. The Real estate developer community ...

RK Arora, Supertech, Union Budget, Credit Linked Subsidy Scheme

With the new status, developers stand to receive tax benefits, subsidies and gain access to institutional funding and land specially released for affordable housing in prime locations

February 2017

The Union Budget 2017-18 has struck the right chord keeping the long-term objectives in mind, and we believe that it will bring positive improvements...

Union Budget 2017-18, The Wadhwa Group, Union Budget 2017-18, Affordable housing
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