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union budget 2015-16

GDA Budget

GDA Budget: In Tandem with the Union Budget

The Ghaziabad Development Authority (GDA) recently announced its general budget for the current financial year 2015-16. With infrastructure being the core, it seems to be in tandem with the Union Budget announced last month. Among several announcements, the allocation of over Rs 2,500 crore specifically for development projects was a reason to cheer for denizens. […]

nikunj.j

Budget 2015: Govt Move to Push Infra Development Will Lead to Housing Growth

In a recently conducted boardroom discussion, organised by commonfloor.com in Bengaluru, realty experts collectively applauded the government for its initiatives to boost infrastructure growth across the country in its Budget 2015-16. They termed it as “a good step in the right direction” because infrastructure growth will unswervingly impact the real estate sector at large. However, […]

karthik.k

Budget 2015: FEMA Act to be Amended

Presenting the Union Budget 2015-16 on the floor of Parliament, the Finance Minister mentioned that there would be an amendment in Section 6 of FEMA (Foreign Exchange Management Act). 1999, through the Finance Bill. According to the proposal, the government would exercise control on capital flows as equity in consultation with the RBI. As per […]

ranjan.j

Cut multiple taxes to bring down property costs: Realty Experts

In an event held recently, realty professionals collectively stressed on the need for cutting down multiple taxes in real estate so as to bring down property costs. The event, organised by commonfloor.com in Bengaluru, saw active participation by stalwarts from real estate fraternity and research & consulting institutes. During the course of the Boardroom Discussion, […]

Budget 2015: 4 ‘REAL’ Things That Got No Mention!

1. Smart Cities: The budget did not provide any details on 100 upcoming smart cities, which were widely anticipated. The clear roadmap pertaining to the development of these cities still remains unclear. But as every cloud has silver lining. We believe that the funds allocated for the development of road and rail will boost the […]

nikunj.j

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