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Real Estate Forum on Budget 2014-2015

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Hi,
Good news for those who has agriculture land and wanted to be convert into non-agriculture land. The move that could help in boosting the development in Maharashtra to help in conversion of agricultural lands in cities and townships into no agriculture land has been simplified in a state cabinet meeting.

Latest Answer: Agricultural
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Q: in the new budget a Budget of Rs 3470 Crore has been alloted for the metro- discuss?
Latest Answer: Well the big chunk of the funding is being done by the Japanese and the center and Delhi government has just a 10 % share..so the works will be completed on time and will not have any effect on the deadlines,
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Q: Heard that the city of krishnapatnam will be developed as the smart city on the Chennai Bangalore Industrial corridor - discuss!!
Latest Answer: At present, a single railway line via Venkatachalam as well as four-lane road serve the port. Provisions have been made to augment to a double rail line and 2 additional lanes of road. The previous governments had also sanctioned a new broad gauge line between the port and Bellary-Hospet iron ore mines. A pipeline corridor has been established to connect the port to the nearest 7 oil refineries with the purpose of liquid bulk transport. There is also a dedicated belt conveyor corridor with the purpose of transporting coal to the nearest 10 mega thermal power stations.
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Q: Hi, what is the impact of the new budget on this corridor??
Latest Answer: Hi, I just want to update on Vizag-Chennai industrial belt gets Rs 15,000 crore ADB aid in the form of financial assistance to develop the Visakhapatnam-Chennai industrial corridor proposed by the NDA government in the Union budget.
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Q: The Railway Minister spoke about Bullet Trains in railway budget. Which are the metro cities that is going to get benefited by bullet train?
Latest Answer: Can anyone throw some light on what are the benefits of PPP ( public private partnership) model?
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Q: Hi, what can the real estate sector expect from the union budget?
Latest Answer: Another important factor PM Modi dream of providing housing to all.... this is greatly expected to affect the affordable housing segment and hopefully have more projects in this particular sector...
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Q: Hey, what are the ASSOCHAMs suggestions and demands from the Budget -2014???
Latest Answer: ASSOCHAM has listed out some demands such as tax policies that needs to be eased to stimulate economic growth, curb inflation and create a friendly environment for the investors especially who want to invest in the manufacturing and infrastructure sectors which generate large-scale employment.
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Q: What are the people residening in Bangalore City wants from this budget?
Latest Answer: With the approval of the Real Estate Regulatory Bill, now the Bangaloreans are hoping that the Finance Minister is going to help to bring more transparency and processes in home loan segment. Hoping for the best.. Lets see what happens
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Q: Hi, According to recent poll conducted by commonfloor nearly 33% of home buyers want reduction in home loan interest rate.
Latest Answer: Hi everybody, Everything what you have mentioned above is correct but still real estate sector is looking forward to the good days ahead of them. Out of the progressive manifesto what actually will turn into a reality, only time will tell. It is a wait and watch time.
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Q: The demand for affordable housing is more but few Tier I cities are not able to supply such kind of property. Will the new government help in this matter?

Latest Answer: The population of buyers looking for affordable housing in the country makes up more than two third of the population of home buyers. But most of the tier-I cities have started going beyond the reach of the Indian middle class, making it increasingly difficult for the middle class to buy a house in these cities. However, with a government promising growth and development at the Centre, the hopes of being able to purchase a property in the big cities have been renewed.
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