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Budget 2015-16

Budget 2015: “Major Impetus to Infrastructure”

Mehul Thakur – Director, Viva Homes “The Union Budget 2015-2016 has provided a major impetus to the Infrastructure sector. Extension of these benefits to the real estate sector, especially to the affordable housing segment would have helped achieve the goal of housing for all. Focus on implementation of GST by April 2016 and reduction in […]

nikunj.j

Arvind Mahajan

Budget 2015-16 is ‘growth-oriented’ : KPMG

Arvind Mahajan, Head of Infrastructure and Government services, KPMG, India Arun Jaitley’s first full Budget, was presented in a favourable context with India’s growth beginning to accelerate and fiscal deficit and inflation coming down. Mr. Jaitley’s “growth oriented” budget sets the Agenda for government to achieve 8% growth in FY16 and poised for over 10% p.a. […]

nikunj.j

Budget 2015: A booster shot for selected heritage sites

Budget 2015-16 have earmarked several heritage sites for further infrastructure development to increase tourist influx. These include Churches in Goa, Hampi in Karnataka, Elephanta Caves in Mumbai, Kumbhalgarh fort in Rajasthan, Rani ka waav in Patan, Leh Palace in Jammu and Kashmir, Varanasi temple Town, Jallianwallah Bagh in Amritsar and Tombs in Hyderabad. The identified […]

sannihith.tn

Budget 2015-16: Corporatisation of Public Sector Ports announced

As per Budget-2015-16, the existing Public Sector Ports will be made into firms under the Companies Act. Similar to that of Kolkata Port Trust, other public sector ports are currently under the government as port trusts. This will improve the economic condition of the port cities and also the quality of ports. Currently, there 13 major […]

sannihith.tn

CommonFloor Survey: Consumers expect Property Sales to rise within 6 months

With the announcement of the Union Budget for 2015-16 round the corner, the real estate sector expects much from the government in terms of new initiates as well as higher budgetary allocations towards existing proposals that were announced last year. Expectations are high considering the positive initiatives taken by the government, particularly with regards to […]

ranjan.j

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