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REITs

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 […]

CommonFloor Editorial Team
David Walker-20090206

Budget 2015: Realty Stalwarts Give Mixed Reactions

The much-awaited Union Budget for the financial year 2015-16 is out. Here is what the industry experts have to say. Manoj Gaur, MD, Gaursons India Ltd & President CREDAI Western UP  “A very controlled budget which appeared to be cautious step by the government to not make big announcements. As of now real estate sector […]

nikunj.j

Budget 2015-16: 8 Expectations for Affordable Housing

The residential segment is the most important part of the real estate market in India. The Technical Group Study on Urban Housing Shortage in 2012 pegs the shortage of houses in India to be at the 1.8-crore figure mark. This would mean an investment of more than 2 million US dollars. The housing market in […]

nikunj.j

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 […]

nikunj.j

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 […]

nikunj.j

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