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Budget

Mr. Ashok Gupta, Ajnara India Ltd

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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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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Budget 2015-16: Realty Stalwarts expect Industry Status

RK Arora, Chairman, Supertech Limited “We expect that the interest rate on housing loans should be lowered down by 2-2.5% to give a boom to the real estate sector. Also, giving this sector an industry status had been a long pending issue which should be thought about and given consideration to. The sector should be […]

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Tax Incentives and Budget Reforms can Boost Real Estate Development

Reforms, rationalisation of taxes and higher rebates for individuals and specific instruments/entities could spark a quicker turnaround in the real estate industry. Through the upcoming Union Budget 2015-16, the Government should address the problems of the realty sector through customers as well as developers. After the downslide due to the 2008 global economic crisis, the […]

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8 Things that Real Estate Sector Expects from Union Budget 2015-16

Modi Government is all set to present the Union Budget for the financial year 2015-16 on 28 February. While the government is gearing up, the user forum of CommonFloor is witnessing lot of consumer interest regarding the upcoming budget. ‘Do you think budget 2015 will introduce interest cut on home loans?’, ‘Will this budget introduce […]

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