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Finance Minister Arun Jaitley

Parliament House

Budget 2014: Govt to Soon Start Work on Creating Smart Cities

The Finance Minister has emphasised on measures to encourage development of smart cities. In this wake, he has announced an allocation of Rs. 7,060 crore for building smart cities and creating seven industrial cities. The finance minister has also focused on strengthening infrastructure by providing Rs 37,850 crore via NHAI to boost road network and […]

karthik.k

Budget 2014: SEZ, What happened recently?

The new Financial budget 2014-15 promises several measures for the renewal of SEZ. SEZ, the abbreviated form of Special economic zones, are special zones demarcated by the government where normal economic laws of the country is not applicable. In other words these zones have a very liberal economic laws to promote special economic activities. India […]

antone

Budget 2014 : Impact of REITs in Real Estate

In order to reduce the pressure on existing bank lending, the government has decided to provide necessary incentives for REITs. As per the Union Budget, several tax incentives for REITs coupled with infrastructure worth Rs 7600 cr that is planned for 10 cities is expected to help the sector in a significant way. Real Estate […]

sannihith.tn

Budget 2014 : Finance Minister Announces Rs 4,000 Crore for Low Cost Housing

In the union budget, the finance minister has announced the creation of low cost housing through the National Housing Banking program. While allocating Rs 8,000 crore to the National Housing Bank to support rural housing, he also proposed an allocation of Rs 4,000 crore through the program for low cost housing for the urban poor. The […]

karthik.k

Budget 2014-Complete Analysis

Abhay Kumar, CMD, Griha Pravesh Buildteck Pvt Ltd “The foremost requirement that is a necessity for the real estate sector to actually thrive and be a significant contributor to India’s economic growth is industry recognition. To be officially recognized will sort many of the problems that mire the industry and streamline and organize the activities. […]

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