11 Aug 2014 Kishor Pate, CMD, Amit Enterprises Housing Ltd The National Housing Bank has received an allocation of Rs.8000 crore for this program, which will have. I am especially enthusiastic about the Rs. 7060 crore allocation towards the government’s program for creating 100 smart city projects.
11 Aug 2014 Arvind Jain, Managing Director, Pride Group The FM has given much-needed relief to individual tax payers by raising the income tax exemption limit by 50,000 and has also raised the limit of the interest part of home loans from Rs. 1.5 lakh to Rs. 2 lakh.
11 Aug 2014 Tushar Mehendale, Managing Director, ElectroMech Material Handling Systems This coupled with overall increase in investments in highways and tax holidays for power plants will definitely contribute in kick starting the capex cycle in various industries.
11 Aug 2014 Sachin Agarwal, CMD, Maple Shelters The relief provided on individual income tax and interest on housing loans is very significant for the budget homes sector, since these measures have greatest pertinence to the more financially sensitive home buyers.
31 Jan 2017 Union Budget 2017-18 | PRE-BUDGET EXPECTATIONS The introduction of the Real Estate Regulatory Act as well as demonetization last year has been extremely disruptive for the real estate sector. The government has already expressed its vision of housing for all by 2022. If this is to become a reality, they will need to provide tremendous amount of stimulus for the real estate sector so that homes become more affordable and get produced much faster to meet the objectives.
11 Aug 2014 Anil Kothuri, President & Head, Retail Finance, Edelweiss These include the development of satellite cities, incentives for REITs, an increase in allocation for Rural Housing to the NHB and an increase in the tax exemption for interest paid on home loans.
23 Feb 2017 BUDGET REACTION | Tilak Raj Seth, Head Mobility, Siemens Limited and CII Chairman, Rail Transportation & Equipment Division “The industry was keen to see the representation the rail sector would get in this combined Budget, the first in independent India. The Finance Minister did a good job focusing on key and strategic measures for the railway sector.
23 Feb 2017 BUDGET REACTION | Akshay Taneja, Managing Director,TDI Infratech Ltd "We welcome the infrastructure status being given to the affordable housing sector it will help achieve the target set to cater to this most important segment, which is the need of the hour. We will now see more of such projects being announced in the recent future.
23 Feb 2017 BUDGET REACTION | Atul Banshal, President, Finance & Accounts, M3M Group The Union Budget has provided quite a few incentives to the real estate sector. The status of infrastructure provided to the affordable housing segment will provide it a big push. This will generate ore investments and funding to the sector resulting in bringing down the cost for the developers.