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Construction & Infrastructure News

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

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

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

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

Budget expectations – JCB India

February 2017

The importance of the infrastructure sector in the overall progress of the economy is critical. The government has given considerable impetus to this...

Infrastructure Sector, Earthmoving, Construction equipment, Investment, Vipin Sondhi, JCB India, Roads, Highways, Railways, Irrigation, Mining, Real estate, Budget expectations

Budget Reaction | Schwing Stetter

February 2017

There are many positives in this year’s Budget. Sufficient thrust has been given for the sectors across Transport, Infra-structure development includ...

Schwing Stetter, Anand Sundaresan, MSME sector, PMGS program

Real estate sector as an asset class would gain as a store of value

February 2017

We must appreciate the fact that the government is very serious on the mission of ‘Housing for All’, and in the same light we have seen some extremel...

Getamber Anand, Real estate sector, CREDAI National

Capital gains on Joint Development Agreement to be taxed only when the project is completed would provide a boost to unlocking land for development

February 2017

The real estate sector which was hit by the Modi Government’s demonetisation drive was betting high on the Union Budget 2017. A slew of measures have...

Real estate sector, Modi Government, Centrum Capital, Ajay Jain
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