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Construction & Infrastructure News

The government should redefine affordable housing clearly keeping in view the different geographies in India

February 2017

I would term it as a reform oriented Budget, where the expenditure was well directed towards economic growth and development, especially in the rural...

Surendra Hiranandani, House of Hiranandani, Affordable housing, Housing for All by 2022

We will now see the launch of more and more affordable housing projects in the country

February 2017

Through the announcements made in the Union Budget 2017-18, the government continues to work on its reformist agenda. Extending the incentives for lo...

Gaurav Jain, Jindal Realty, Pradhan Mantri Awas Yojna, Housing for All by 2022, Union Budget

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 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

Joint Development Capital Gains Tax now to be paid on completion, will encourage landowners to explore more joint development deals

February 2017

In my opinion, the Budget has been outstanding. All sectors have been covered, especially the rural sector and the agricultural economy. This is a go...

Irfan Razack, CREDAI National, Housing For All by 2022, Affordable Houses, Capital Gains Tax, Infrastructure

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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