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Union Budget 2015-2016

Budget 2015: “Major Impetus to Infrastructure”

Mehul Thakur – Director, Viva Homes “The Union Budget 2015-2016 has provided a major impetus to the Infrastructure sector. Extension of these benefits to the real estate sector, especially to the affordable housing segment would have helped achieve the goal of housing for all. Focus on implementation of GST by April 2016 and reduction in […]

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Arvind Mahajan

Budget 2015-16 is ‘growth-oriented’ : KPMG

Arvind Mahajan, Head of Infrastructure and Government services, KPMG, India Arun Jaitley’s first full Budget, was presented in a favourable context with India’s growth beginning to accelerate and fiscal deficit and inflation coming down. Mr. Jaitley’s “growth oriented” budget sets the Agenda for government to achieve 8% growth in FY16 and poised for over 10% p.a. […]

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Budget 2015: Capital gains regime for REITs

Investment Trusts such as REITs and InvITs will benefit with  the recent announcement in the budget.  This Budget has spelt good news for REITs by rationalising the capital gains regime for the sponsors while exiting the investment trust. Moreover, the rental income which is being generated through the assets owned by REITs and InvITs are […]

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Budget 2015: A Tame Budget for Real Estate

Kishor Pate, CMD – Amit Enterprises Housing Ltd. The budget has fallen short of expectations and not delivered on many of the expected counts. It has not provided any direct relief for the common man. It has not increased personal income tax deduction limits, nor has it provided any relief for home loan borrowers. However, […]

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Budget 2015-16: Corporatisation of Public Sector Ports announced

As per Budget-2015-16, the existing Public Sector Ports will be made into firms under the Companies Act. Similar to that of Kolkata Port Trust, other public sector ports are currently under the government as port trusts. This will improve the economic condition of the port cities and also the quality of ports. Currently, there 13 major […]

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