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Construction & Infrastructure News

Budget Reactions | Volvo CE India

February 2017

While maintaining fiscal discipline, this year’s Budget announced by Finance Minister Arun Jaitley demonstrably seeks to stimulate economic growth an...

Arun Jaitley, Micro, Agriculture, Housing, Rural development, Infrastructure sectors, Volvo CE India, Dimitrov Krishnan, Construction Equipment

Overall, the Budget will contribute to the government’s ‘Make in India’ effort

February 2017

Granting infrastructure status to affordable Housing is an extremely positive step and it will act as a catalyst to meet the governments objective of...

Granting infrastructure, Rustomjee Group, Affordable Housing, Real estate, Infrastructure, Budget, Make in India

Affordable housing under infrastructure will now be able to receive liquidity support from funds such as pension funds and insurance firms

February 2017

The Union Budget 2017-18 has now set in motion a series of structured reforms process for the housing sector in the country. The announcements made i...

NAREDCO, Parveen Jain, PMAY, Infrastructure, Affordable housing

Cost of capital on affordable housing will come down and affordable housing will have access to long term funding

February 2017

Budget 2017 is a very good growth oriented budget. Infra status for affordable housing is an excellent move and is welcomed by all the developers. In...

Dharmesh Jain, Nirmal Lifestyle, CREDAI-MCHI, Affordable housing, 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

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 new status will increase the resource allocation for the sector, catalysing housing supply and reducing the supply gap

February 2017

Infrastructure status to affordable housing comes as a landmark announcement for the consumers and the real estate industry. A long-standing demand o...

Infrastructure, Brotin Banerjee, Tata Housing, GDP, Affordable housing

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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