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Budget 2015

Budget Impact

How Budget 2015-16 affects real estate sector?

After the announcement of the Budget 2015-2016, the real estate sector was quite vocal about not receiving any tangible benefits. The entire budget did not have much related to real estate. However, some positive signs were ‘housing for all by 2022’ and some policy announcements regarding REITs. However, the Government affirmed its commitment towards affordable […]

Budget 2015: Govt Move to Push Infra Development Will Lead to Housing Growth

In a recently conducted boardroom discussion, organised by commonfloor.com in Bengaluru, realty experts collectively applauded the government for its initiatives to boost infrastructure growth across the country in its Budget 2015-16. They termed it as “a good step in the right direction” because infrastructure growth will unswervingly impact the real estate sector at large. However, […]

karthik.k

Infra Growth will hold the key for Affordable Housing: Experts

Voicing their opinion on the topic of affordable housing in India and the way forward, realty experts together felt that there is a dire need for the government to first improve the quality of infrastructure at places that are identified for these. This topic was delved in depth during a boardroom discussion organised by commonfloor.com, […]

ranjan.j

Budget 2015: FEMA Act to be Amended

Presenting the Union Budget 2015-16 on the floor of Parliament, the Finance Minister mentioned that there would be an amendment in Section 6 of FEMA (Foreign Exchange Management Act). 1999, through the Finance Bill. According to the proposal, the government would exercise control on capital flows as equity in consultation with the RBI. As per […]

ranjan.j

Cut multiple taxes to bring down property costs: Realty Experts

In an event held recently, realty professionals collectively stressed on the need for cutting down multiple taxes in real estate so as to bring down property costs. The event, organised by commonfloor.com in Bengaluru, saw active participation by stalwarts from real estate fraternity and research & consulting institutes. During the course of the Boardroom Discussion, […]

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