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Construction & Infrastructure News

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

We now also have access to the Rs 40,000 crore NIIF

February 2017

Providing a roof over one’s head is as or more important than building roads and bridges for a country like ours. Terming affordable housing as ‘infr...

Kirti Timmanagoudar, Brick Eagle Funds, NIIF

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

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

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

The Budget did not address crucial aspects like SEZ policy or provide any further tax relief for SEZ

February 2017

The Union Budget 2017-18 was announced with the theme of Transform, Energise and Clean India (TEC), was largely geared towards rural growth, infrastr...

Anshul Jain, Cushman And Wakefield, Transform, Energise and Clean India, Affordable housing, RERA, Housing for All by 2022, Pradhan Mantri Awas Yojana, Make in India, FIPB, BREXIT, US politics

Credit off-take towards affordable housing will augment supply for both stakeholders – first home buyers and developers

February 2017

Undoubtedly a historic and landmark Union Budget presentation by the Finance Minister, combining several firsts – with the change in the age old conv...

NHB, Kapil Wadhawan, DHFL, TEC, Budget, PM Awas Yojana, Fasal Bima Yojana, Digitisation
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