Real Estate Forum on Budget 2015-2016

Latest Answer: The budget proposes a fresh allocation of ₹ 1,000 crore under Nagarothana Scheme. The money will go to BBMP for widening of some important roads e.g. Jayamahal Road, Sarjapura Road (Outer Ring Road to Dommasandra), Bannerghatta Road (J.D. Mara Junction to NICE Road), Dinnur Road (Sanjaynagar Main Road to Ambedkar Medical College), Bellary Road etc.

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.

Latest Answer: Both homebuyers and developers are expecting the Budget to offer sops that will boost demand as well as supply of affordable housing. Currently, home buyers get a 1% interest subvention for loans up to 15 lakh for a house priced below 25 lakh.

Latest Answer: First of all it depends on your budget. If you have the money, you can afford to invest in an upcoming Smart city. Second, it depends on whether it is for your own use or for investment. If it is for your own use, you should consider other aspects such as the purpose of shifting to that particular city...whether it is for pursuing your job, children's education, or for any other special purpose. You should consider if that particular city has the desired requirements you are looking for. You should look for an area that has the required facilities in the vicinity of the place you are planning to buy a house. Of course, the reputation of the builder and the project approvals should be verified and obtained, to be on the safer side. If you are looking for purchasing a house for investment purposes, again your budget plays a major role. The area you are planning to invest in whether in a Tier II or a proposed Smart city also decides the budget that the area commands. However, you need