Latest Answer: It is very crucial to understand that "Housing for all by 2022" is a bigger term than what is being understood by the common public. There is lot more to it than just providing houses to everyone. The government has planned to not only build more houses, but to redevelop slums, decrease interest for poor section, involving private sector and also aid urban poor for renovating the existing homes.
Q:It is really a good news that realty experts jointly appreciated the government for its initiatives to boost infrastructure growth across the country in its Budget 2015-16.
Latest Answer: Good Morning Guy's,
Finally, PM Narendra Modi's "Housing for all by 2022" scheme to be launched by mid of June'2015. The government is getting ready to launch PM Narendra Modi's most committed scheme "Housing for all by 2022". Modi is probably to launch the scheme as an umbrella mission after recounting all affordable housing schemes and slum redevelopment projects.
Q:The affordable housing sector was expecting that the Modi govt, like last time, would extend some support to it and solve the difficulties. But hopeless result.
Latest Answer: Good evening friends,
It is really a good news as it will increasing the standards of living by giving proper homes and subsidised interest rates to EWS and LIG groups will not only aid in fulfilment of their social needs but also help everybody associated with the real estate sector. We are happy with this decision and welcome it wholeheartedly.
Latest Answer: Hi Tushar,
The Budget 2015 has put the end-users and property purchasers in a fix. A large portion of them were sitting tight for the Budget to be declared in the trust of getting some help not long from now. Fleeting property speculators who principally contribute to get advantages are befuddled. They are uncertain about how the business sector will perform after the divulgence of the monetary allowance.
Latest Answer: Hi,
Builders and property investors however hailed further obligation inspirations on Real Estate Investment Trust (REITs). The organization had formally displayed gauges for REITs a year prior, yet it couldn't make much propel pending clarity on evaluation related matters. Through the Budget, the Finance Minister has watched out for this issue. Experience rental pay and legitimization of capital builds organization for supporters will help REITs.
Latest Answer: To get the reasonable result, govt. should support those cities or state first. "Jyada Khakar Bimar Hone se Achcha Hai ki Kum Khakar Healthy Rahe".........
Government grants will be leveraged to attract funding from internal and external sources but unless there is a possible business model or guarantee from the centre, this would not be easy.
Also, the track record of Public Private Partnership projects is at best mixed and when there would be multiple parties associated like the center, states, local bodies and private entities, the task would be even more challenging.
Latest Answer: In a nutshell, some of the key pre-budget expectations of the IT industry are: 1)Simplification of the tax regime, 2) Creative a conducive regulatory environment aiding ease of doing business in India, 3) Exempting R&D budget of IT companies from tax, 4) Incentivising IT players who invest in 'Digital India' and 'Make in India' campaigns and 5) Earmarking a chunk of budget for building a robust network infrastructure in India.
Q:The real estate sector has several expectation from budget 2015-16. What is your opinion and what initiative should Modi Govt. take to give better shape of Indian Realty Market?
Latest Answer: Hi all,
Have you heard the news? PM Narendra Modi's "Housing for all by 2022" scheme to be launched by mid of June'2015. The government is getting ready to launch PM Narendra Modi's most committed scheme "Housing for all by 2022". And he is probably to launch the scheme as an umbrella mission after recounting all affordable housing schemes and slum redevelopment projects.
Latest Answer: There are high expectations that the budget will introduce a single tax system in the form of the Goods and Service tax (GST) doing away with the multiple tax-level system where there were different levels of taxation like service tax, VAT as well as stamp duty and registration charges.
Latest Answer: Hi,
The Union Budget 2015-16 highlighted that India's economy was presently in an exceedingly bright spot within the world context. This was principally attributed to reduced vulnerabilities regarding the economic retardation, persistent inflation, weakening domestic demand and currency fluctuations. The Budget calculable a GDP rate of 7.4% in 2014-15; and banking upon macro-economic stability, larger financial prudence, high employment generation and economic process is anticipated to the touch concerning 8.1-8.5% in 2015-16. With a reformist government and a benign external atmosphere, India's economy is anticipated to eventually reach a integer growth mechanical phenomenon over consequent few years.