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RBI

Buying a home? Here are 5 things to expect from Budget 2015-16

The upcoming budget is important for many industries in India, especially for the real estate industry which is looking for much needed incentives, relief and interest rate cuts from the finance ministry. Developers are looking for announcements that will boost market sentiment, stakeholders are looking for REITs to be fast-tracked and home buyers are looking […]

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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: 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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Budget 2015-16: Single-Window Clearance is the need of the hour

Rajiv Mohan, MD, Cherry Hill Interiors Limited With expected GDP growth to be around 5.9% this fiscal year and with the market conditions, business sentiments and overall outlook in India having improved since the new Indian Government assumed power. Thus, 2015-16 will be a year of growth as Government’s commitment towards reforms has been reflected […]

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Budget 2015-16: Realty Stalwarts expect Industry Status

RK Arora, Chairman, Supertech Limited “We expect that the interest rate on housing loans should be lowered down by 2-2.5% to give a boom to the real estate sector. Also, giving this sector an industry status had been a long pending issue which should be thought about and given consideration to. The sector should be […]

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