Result(s) found: 3636
BUDGET REACTION | Ashish Puravankara, Managing Director, Puravankara Ltd
23 Feb 2017
True to its expectations, Budget 2017 has spelt out roadmaps and allocations across various initiatives of the Central Government and the Finance Minister has done an excellent job of managing the expectations. Initiatives to Real Estate industry has been spoken at length where the sentiments have been largely positive....
BUDGET REACTION | Anil Pharande, Chairman,Pharande Spaces
23 Feb 2017
Project completion timelines for affordable residential projects have now been increased to 5 years, which comes as a relief to developers of such housing as it will allow them more time to sell their inventory. The Budget has focused on improving rural connectivity through higher kilo meters road construction per day....
BUDGET REACTION | Shishir Baijal, Chairman & Managing Director, Knight Frank India
23 Feb 2017
This has been one of the path breaking budgets with far reaching changes especially for the real estate sector. It is positive that the real estate sector has come in the central spectrum of the Union Budget. This has come at a time when the beleaguered sector has been looking at measures to boost the sentiments....
BUDGET REACTION | Anshuman Magazine, Chairman – India and South East Asia, CBRE
24 Feb 2017
“Overall, the Union Budget 2017 augurs well for real estate, affordable housing and the infrastructure segment. The affordable housing sector is finally set to get infrastructure status. This was a long-awaited announcement. While we are yet to read the fine-print, this is indeed an important step to promote access to priority lending thereby spurring supply of low cost housing units across various cities in India....
Union Budget 2017-18 | PRE-BUDGET EXPECTATIONS
31 Jan 2017
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....
Abhishek Lodha, Managing Director, Lodha Group
21 Mar 2016
It is a thoughtful Budget, which has taken into account realities of global and Indian conditions. The focus on rural economy will help rekindle demand in rural India...
Mayur Shah, Managing Director, Marathon Group
21 Mar 2016
We would like to congratulate the Finance Minister in presenting a budget that promises economic growth through digitization, rural and skill development and heavy expenditure on infrastructure....
Kishor Pate, CMD, Amit Enterprises Housing Ltd
21 Mar 2016
This Budget could have done a lot more for the real estate sector. However, there were some positives. The fact that the annual housing rent reduction limit has been increased from Rs. 24000 to Rs. 60000...
Rajesh Krishnan, CEO & Founder, Brick Eagle Affordable Housing Advisory LLP
21 Mar 2016
The Budget offers various incentives including corporate tax exemption for affordable housing projects...
Surendra Hiranandani, Chairman and Managing Director, House of Hiranandani
21 Mar 2016
The budget 2016 outlined the shift in focus to the rural economy as the finance minister introduced a slew of taxes and cess to be imposed on services to help rural welfare programmes....
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