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Budget 2015

What Budget 2015-16 Should Do For Home Buyers

Real estate stakeholders in every Indian city are looking forward to the upcoming financial budget 2015 to see whether it will provide any relief to the sector. Developers have their own expectations, because positive announcements for real estate buyers made during the budget will help increase the market sentiment, and therefore sales. The general hope […]

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Mr. Rohit Gera, Managing Director, Gera Developments (2)

Govt. should modify Registration Act: Gera Developments

The Indian real estate industry has been under stress for over the past year. Real estate development is a highly capital intensive business and for the most part, the residential segment is funded through customer sales proceeds. Developers therefore do their budgeting with this assumption and therefore, for the most part, finance costs on construction […]

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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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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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