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Finance Minister Arun Jaitley

Budget 2015: A Tame Budget for Real Estate

Kishor Pate, CMD – Amit Enterprises Housing Ltd. The budget has fallen short of expectations and not delivered on many of the expected counts. It has not provided any direct relief for the common man. It has not increased personal income tax deduction limits, nor has it provided any relief for home loan borrowers. However, […]

nikunj.j

GST

Budget 2015: GST to be implemented from 1 April 2016

“GST is expected to play transformative role for country’s economy.” Finance Minister Arun Jaitley, in his Budget 2015 speech, has announced the implementation of Goods and Service Tax (GST) from April 1, 2016. With the introduction of the GST, a lessening in the number of various taxes executed is anticipated. These include service tax, excise duties and value […]

Sushmita Das

Budget 2015: Rs 1,200 cr for fast track corridor between Ahmedabad and Mumbai

Rs 1,200 crore has been announced for fast track corridor between Ahmedabad and Mumbai. It is no hidden truth that Industrial corridors have a huge impact on the industrial real estate of the country. Each corridor passes through various existing industrial clusters and towns and cities that are likely to become investment hubs. Thus, once […]

Yadunandan Batchu

How to reduce the tax on property rental income?

The Union Budget presented by the new finance mister Mr. Arun Jaitley had a special focus on the real estate and infrastructure sector. While announcing various measures to increases the influx of foreign direct investment in the sector along with announcement of new cities and towns, the finance minister also made home loans more profitable […]

CommonFloor Editorial Team

RBI’s Monetary Policy draws mixed reaction from Realty Sector

Modi’s dream of Housing for All by 2022 seems to have caught the fancies of the entire nation. Be it the government, banks or real estate developers–everybody is trying their best to turn this ambitious dream into reality. On one hand, in the Union Budget 2014, the FM announced several incentives for affordable housing; on […]

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