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Budget 2015-16

Budget 2015-16: Should Focus on Easing Interest Rate

Kamal Khetan, CMD, Sunteck Realty Ltd Pacing up infrastructural development should be the primary focus of the government. Infrastructure is important when it comes to real estate development being viable not only in new micro markets but also in established micro markets that have witnessed stagnation on account of an infrastructure deadlock. Easing interest rate […]

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Sandeep Ahuja Picture

Budget 2015-16: Dear FM, Pass the Real Estate Bill

Sandeep Ahuja, CEO Richa Realty The real estate sector is the second largest employment generator in the country (after agriculture) and it has been going through tough times for the last 3 years. However it is perfectly positioned to fulfil the new govt’s two main priorities of generating employment and for building housing for everybody […]

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Budget 2015-16: Eyes set on passage of GST

Mahipal Singh Raghav, CMD, MMR Group To begin with, Industry Status has been a request that’s been put forward and ignored many times now. It’s a wonder how a sector that generates so much attention and revenue is still not recognized as an industry. This will give builders access to funds at reduced interest rates […]

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Budget 2015-16: Dear FM, Regulate Construction Material Cost

Nagaraj Reddy, CMD Zonasha Projects and President CREDAI Karanataka The main expectation from our end would be the reduction of interest rates and regulation of construction raw material costs such as cement and steel. Excise duty toward ready-mix concrete and steel fabrication should be abolished. Inflation has come down in recent times but the cost […]

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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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