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Budget 2014 Real estate

Is Gujarat Model the way forward in the upcoming budget?

Budget for the financial year 2014-15 is expected to have major changes from previous budgets with the formation of a new government at the centre. Prime Minister Narendra Modi served as Chief Minister of Gujarat state for more than a decade and he considers that the Gujarat success model can be implemented at the union […]

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Urban Transport Projects: Institutional Framework is the need of the hour

As we at CommonFloor write this, Railway Minister, Sadananda Gowda has already presented the maiden Rail Budget in the Lok Sabha. If we were to believe Narendra Modi’s words, “this budget shows where we want to take the railways and at the same time where we want to take India through the railways.”   With […]

nikunj.j

Budget 2014:Govt plans big changes in 2 Realty Bills

Two bills that would impact the country’s real estate are the Real Estate Regulatory Bill and the Land Acquisition Act. While both bills had been put forward during the previous government, the present government plans to make a few key changes in order to speed up important projects and give a boost to real estate. […]

Saving Income Tax during Financial Year 2014-2015 on Property Gains through Cost Inflation Index

It is really possible to save substantial amount of Income-tax on your long-term capital gains arising out of selling your immovable property if you take advantage of the Cost Inflation Index concept which, however, is applicable only in respect of long-term capital gains. Only when you hold your property for more than 36 months and […]

How will the budget shape up the sector

With the new government now well settled, the time for the first crucial test is arriving. All eyes are on the budget 2014–15. Every sector and industry in the country awaits the budget that decides how the next one year will shape up the financial stability and economic condition of the country. Real estate sector […]

nikunj.j

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