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Construction & Infrastructure News

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

The changes are going to have a transformational effect, positively influencing the advent of Smart Cities in India

February 2017

We appreciate the deep-rooted changes introduced in the Union Budget 2017. The Budget further reflects the commitments of the Indian Government to tr...

Rajiv Bhalla, Barco India, Union Budget 2017-18, GST Bill

Increase in government spending on infrastructure to Rs 65,000 crore will boost real estate space in metro and rural india

February 2017

The overall Budget has had good incentives for the real estate sector. Increase in government spending on infrastructure to Rs 65,000 crore will boos...

Budget, Real estate, Infrastructure, Belmac, Union Budget 2017-18, Arun Jaitley, Housing for all by 2022

With the reinforcement on the roll out of GST per scheduled, we are optimistic about the growth prospects of the industry.

February 2017

The Union Budget 2017 presented, announced a host of reforms and policies which are pro-growth, positively impacting consumers. The proposed deductio...

Union Budget 2017, Purchasing power, GST, Real estate sector

Reduction of long term capital gains tax period from three to two years will be a much-needed relief for developers

February 2017

With infrastructure status allotted to affordable housing segment, it would enable private players to be part of the Housing for All campaign, and gi...

Infrastructure, Arun Kumar, Casa Grande, Union Budget 2017-18, Real estate

The incidence of tax for Joint Developments has been clarified

February 2017

Budget has been good for the realty sector in general, key reforms being the infrastructure status for affordable housing and lowering the tenure for...

Infrastructure, Budget, Union Budget 2017-18, Ravindra Pai

Interest subvention for housing loans and reduced lending rates by banks post-demonetisation is a welcome move

February 2017

The Union Budget announced is a balanced budget focusing on providing an impetus to the economy and offers encouraging measures for the tax payers. A...

Union Budget, Ajay Durrani, Covestro India, GST, Demonetisation, MSME sector, NABARD fund, Housing for All, Petro-chemicals sector

Credit off-take towards affordable housing will augment supply for both stakeholders – first home buyers and developers

February 2017

Undoubtedly a historic and landmark Union Budget presentation by the Finance Minister, combining several firsts – with the change in the age old conv...

NHB, Kapil Wadhawan, DHFL, TEC, Budget, PM Awas Yojana, Fasal Bima Yojana, Digitisation
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