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Construction & Infrastructure News

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 abolishing of Foreign Investment Promotion Board to ease FDI into the country is a step in the right direction

February 2017

In my view, the 2017 Indian Union budget is a bold and progressive one, striking the right balance for different sectors with an eye on growth and em...

2017 Indian Union budget, Faizal Kottikollon, KEF Holdings, GDP, Investments, Infrastructure, FDI, GDP growth, Government of India, Budget

The New Metro Rail Policy and investment in making 500 railway stations disabled-friendly will provide a boost to the elevator and escalator industry in the long term

February 2017

The Union Budget 2017-18 aims at comprehending the dream of building a transparent and sustainable economy by providing an impetus to rural economy, ...

Union Budget 2017-18, Rural economy, Road infrastructure, Airports, Railways, New Policy, Metro Rail, Investment, Sebi Joseph, Otis India

The much needed impetus to the housing sector, especially affordable housing has been well formulated

February 2017

As was expected, the Budget has focussed on galvanising the rural economy, which will create enhanced demand for products of basic need. The much nee...

Anchor Electricals, Dinesh Aggarwal, NHB, GST, Budget

Increased allocations under NHB and PMAY-Gramin will enable larger funding available to home-buyers and developers at a lower-cost

February 2017

The Budget presented focusses on ramping up spending on infrastructure, provides the necessary impetus to the ‘Housing for All’ programme, and contin...

Sanjay Malhotra, Emaar India, Union Budget 2017-18, Transform, Energise, Clean India, Budget, NHB, PMAY-Gramin, GDP

We expect the investment in infrastructure to be a significant enabler of economic growth

February 2017

The Union Budget announced, focused on infrastructure development and enabling growth of SMEs, MSMEs, entrepreneurs and the farming sector. The overa...

Union Budget, Autodesk India, SAARC, Union Budget 2017-18, SMEs, MSMEs, Transform, Energise and Clean India, Construction Management, Technology

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
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