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Construction & Infrastructure News

FM proposes allocation of funds for power and water sector reforms in Delhi

July 2014

The Union Finance Minister Arun Jaitley proposes an allocation of Rs 200 crore for power reforms and Rs 500 crore for water reforms to make Delhi a t...

Budget 2014-15, Arun Jaitley, Power, Reforms, Water, Allocation

FM announces several initiatives towards strengthening energy sector

July 2014

Power: The Finance Minister has proposed to allocate an initial sum of Rs. 100 crore for preparatory work for a new scheme “Ultra-Modern Super Critic...

Budget 2014-15, Arun Jaitley, Power, Sector, Energy, Strengthen

Rs 100 Crore Allocated for Technology Development Fund

July 2014

An initial sum of Rs 1,00 crore has been allocated to set up a technology development fund to provide necessary resources to public and private secto...

Budget 2014-15, Arun Jaitley, Technology Development, Fund

FM proposes to set up Institution for supporting mainstreaming PPPs

July 2014

The Union Finance Minister Arun Jaitley, while presenting the General Budget 2014-15 in Parliament today, has proposed to set-up an institution to pr...

Budget 2014-15, Arun Jaitley, Institution, PPP

Budget Reaction: Venkatesh Gopalkrishnan, EVP & CIO, Shapoorji Pallonji Real Estate

July 2014

Overall a very well balanced budget keeping in minds growth, deficit and inflation. Meeting the fiscal deficit targets could be challenge, tax reform...

India, 2014, Union Budget, Venkatesh Gopalkrishnan, Shapoorji Pallonji, Real Estate, deficit, inflation, GDP, FDI, Affordable housing, banking, REIT

Budget Reaction: Manoj Paliwal, CFO, Omkar Realtors & Developers

July 2014

Incentivising REITs and granting pass through status for taxation is a welcome and vital step for successful application of REIT's in India. Slum red...

India, 2014, Union Budget, Manoj Paliwal, Omkar Realtors & Developers, REIT, SRA, road, safety, housing policy, CSR

Budget Reaction: Vineet Agarwal, Director, KPMG in India

July 2014

There is an increase in interest exemption of Rs 50,000 for loan availed on self-occupied house property. This will give a savings of Rs 5,150 to ind...

India, 2014, Vineet Agarwal, KPMG, housing, property, Union Budget

Budget Reaction: Pon Ravichandran, Director, Green Tree Homes & Ventures Pvt Ltd

July 2014

Today's home buyer's capability to buy a home has reduced because of the Inflation, India as a country has a maximum population as middle income grou...

India, 2014, Pon Ravichandran, Green Tree Homes, Ventures, interest rates, Inflation, housing loan, government, Union Budget
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