Union Budget 2014-15

Budget 2014: Land Acquisition Act
In the union budget 2014-15, the finance minister did not make any public announcement regarding the Land Acquisition Act. Expectations were high with the union budget that it will inject transparency into the land acquisition process, however, the new government did not throw light in this regard. Land Acquisition Act is a crucial term for […]

Budget 2014: FDI in Real Estate
According to recent budget updates, the minimum capital for FDI has been reduced from US $10 million to US $5 million and the minimum area requirement for all other construction projects other than housing has been reduced to 20,000 sq m built-up area from 50,000 sq m built-up area. In an attempt to promote low-cost […]