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Construction & Infrastructure News

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

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

Infrastructure status will help developers obtain cheaper loans from the banks, which will significantly boost ‘Housing for All by 2022

February 2017

Infrastructure status to the affordable housing segment indicates that this sector will play an important role in reviving economic growth in the cou...

Suresh Krishn, CREDAI Chennai, Union Budget 2017-18, Infrastructure, Affordable residential project

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

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

Neglected areas are increase of tax exemption in interest, ease of finance to industry and speedy approvals that would benefit the real estate sector

February 2017

Overall, the 2017 Union Budget is a good budget in general but mixed for real estate industry, which was looking for more from this budget....

Santosh Naik, Disha Direct, Union Budget 2017-18, Infrastructure, Affordable housing, FDI, Real estate sector, Budget

Allocation of Rs 23,000 crore for PMAY and target of completing 1 crore houses by 2019 will give a big boost to the tiles industry

February 2017

Allocation of Rs 23,000 crore for PMAY and target of completing 1 crore houses by 2019 will give a big boost to the tiles industry...

Infrastructure, Kamlesh Patel, Asian Granito India, FIPB, FDI, Pradhan Mantri Awaas Yojana
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