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union budget 2015-16

Budget 2015: 5 ‘REAL’ Things you should not miss!

1. GST to be introduced from April, 2016: Goods and Service Tax (GST) will come into force from April 1, 2016. With the introduction of the GST, a lessening in the number of various taxes executed is anticipated. These include service tax, excise duties and value added tax. It is also expected to simplify and streamline the indirect […]

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Mr.Suresh Hari, Secretary, CREDAI Bangalore

Budget 2015: “Progressive budget with long term vision”- CREDAI

Manish Agarwal, Managing Director, Satya Group & Secretary, CREDAI NCR “It is a progressive budget with nuanced, comprehensive and stabilized long term vision. The measures, such as reduction in corporate tax to 25% over 4 years, abolishing of wealth tax and government’s committed to housing for all and make in India will aid realty sector […]

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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 […]

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CommonFloor Survey: Consumers expect Property Sales to rise within 6 months

With the announcement of the Union Budget for 2015-16 round the corner, the real estate sector expects much from the government in terms of new initiates as well as higher budgetary allocations towards existing proposals that were announced last year. Expectations are high considering the positive initiatives taken by the government, particularly with regards to […]

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CommonFloor Survey: Give clarity on policies for ‘Housing for all by 2022’

One of the highlights of the Union Budget 2015-16 for the real estate sector was the government’s agenda to provide ‘housing for all by 2022.’ This initiative was welcomed with loud cheer by all and sundry and was hailed as a landmark proposal. The government went one step ahead in the Union Budget by allocating […]

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