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Union-Budget-2015-2016

Top 5 Expectations from Union Budget 2016-17

Out of the five major initiatives that are most likely to get a boost in the upcoming budget, GST Bill received maximum responses from the realty stalwarts in the Budget Expectations Survey 2016-17 conducted by CommonFloor.com. The survey received an overwhelming response with as many as 278 experts participating in it. Union Budget for the […]

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Mehul Thakur_Director_VIVA Homes

Budget 2015-16: Single-Window Clearance is the need of the hour

Rajiv Mohan, MD, Cherry Hill Interiors Limited With expected GDP growth to be around 5.9% this fiscal year and with the market conditions, business sentiments and overall outlook in India having improved since the new Indian Government assumed power. Thus, 2015-16 will be a year of growth as Government’s commitment towards reforms has been reflected […]

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Year-Ender 2014 and Outlook for 2015

As 2014 draws to close, CommonFloor interviewed industry stalwarts and took their opinion on ‘the year that was’ and asked their ‘outlook for 2015’. Here is what they want to say. Brotin Banerjee, MD & CEO, Tata Housing Development Company The Year that Was From the point of view of the government policies, the year […]

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Repo Rates Unchanged! Industry eyes 2015 to bring some relief

Fifth time in a row, Reserve Bank of India Governor Raghuram Rajan left the interest rates unchanged. In a recent decision, RBI kept the repo rate unchanged at 8 per cent and the cash reserve ratio at 4 per cent. Since many in the industry were expecting a cut on the interest rates, the decision […]

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Government relaxes FDI rules in construction sector

In the Cabinet meeting held on October 29, the government decided to relax rules for allowing FDI in the construction sector. This move is expected to attract more foreign investment in the construction and real estate sector. The minimum built-up area and capital requirement for FDI in construction projects has been reduced to 20,000 sq. […]

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