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Construction & Infrastructure News

NHB allocation to refinance individual loans worth Rs 20,000 crore in new fiscal is an advantage to affordable housing

February 2017

Besides doing the much required ‘clean-up’ act, Budget 2017-18 gives major boost to the affordable housing and infrastructure sectors. The fact that ...

Jaffer Ali, PropUrban, Union Budget 2017-18, Housing for All by 2022, affordable housing, Clean-up, Budget 2017-18

Payment of capital gains by landlord on Joint Development agreements in the year of completion is a welcome move

February 2017

True to its expectations, Budget 2017 has spelt out roadmaps and allocations across various initiatives of the Central Government and the Finance Min...

Ashish Puravankara, Puravankara, Budget 2017, GST, RERA, GDP

The scheme for profit linked income tax deduction for affordable housing is encouraging for both consumers and the real estate sector

February 2017

The focus of the Union Budget 2017 on making affordable housing an infrastructure status is a very positive move by the government in order to ensure...

Sandeep Runwal, Runwal Group, Union Budget 2017, National Housing Bank

It is heartening to note the announcement of ambitious target of 20,000 MW of solar power during 2017-18

February 2017

It is heartening to note the announcement of ambitious target of 20,000 MW of solar power during 2017-18. If we look back seven years before, when th...

Jaideep N Malaviya, Solar Thermal Federation of India, Electronics manufacturing, Dairy Infrastructure Development Fund

The relief in capital gains tax on real estate properties is a welcome step as it would help enhance investment as well as demand in real estate

February 2017

The Budget for FY2017-18 has the potential to give the much needed impetus to affordable housing in the country. The Real estate developer community ...

RK Arora, Supertech, Union Budget, Credit Linked Subsidy Scheme

The new status will increase the resource allocation for the sector, catalysing housing supply and reducing the supply gap

February 2017

Infrastructure status to affordable housing comes as a landmark announcement for the consumers and the real estate industry. A long-standing demand o...

Infrastructure, Brotin Banerjee, Tata Housing, GDP, Affordable housing

With the new status, developers stand to receive tax benefits, subsidies and gain access to institutional funding and land specially released for affordable housing in prime locations

February 2017

The Union Budget 2017-18 has struck the right chord keeping the long-term objectives in mind, and we believe that it will bring positive improvements...

Union Budget 2017-18, The Wadhwa Group, Union Budget 2017-18, Affordable housing

The Budget gave a clear indication of the government’s focus to achieve sustainable energy for all.

February 2017

With India being the fifth largest energy consumer in the world, the country needs to make a concerted effort in promoting energy-efficiency by reduc...

Deen Dayal Upadhyaya Gram Jyoti Yojna, Anil Chaudhry, Schneider Electric India
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