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ASSOCHAM

Assocham: Roll-out delays increase manufacturing projects cost by Rs 4.5 lakh crore

Assocham: Roll-out delays increase manufacturing projects cost by Rs 4.5 lakh crore
According to the findings of a study carried out by Assocham, crucial manufacturing projects have had to deal with cost overruns of Rs 4.5 lakh crore, as of FY 2013-14, because of delays in the roll out of the projects. As per the study, the delays in the roll-out of manufacturing projects are generally caused [...] Continue Reading »

WDRA Chairman: Cost of land is biggest constraint for warehousing sector

WDRA Chairman: Cost of land is biggest constraint for warehousing sector
During the course of an Assocham event held in New Delhi on Wednesday, Warehousing Development and Regulatory Authority (WDRA) Chairman Dinesh Rai said that the cost of land is one of the main constraints for the warehousing sector in India. Asserting that other logistic costs are also significant for India’s unorganized warehousing sector, Rai said it is pertinent [...] Continue Reading »

Amnesty schemes to bring back black money : Assocham

Amnesty schemes to bring back black money : Assocham
Industry body Assocham (The Associated Chambers of Commerce and Industry of India) suggested the government on Friday to start a six month amnesty scheme to bring back black money which is hidden in the foreign banks abroad. If the HNIs will be granted pardon through this amnesty, then they may bring the black money home [...] Continue Reading »

ASSOCHAM’s hopes from the first union budget

ASSOCHAM’s hopes from the first union budget
ASSOCHAM (The Associated Chambers of Commerce and Industry of India) has presented its demands before the introduction of the first Union budget under Narendra Modi-led government. They want an early roll out of GST (Goods and Services Tax), revival of SEZ (Special economic zones) a stable tax regime, slashing of tax rates and tax incentives [...] Continue Reading »

Assocham: ‘Infrastructure status’ should be granted to affordable housing sector

Assocham: ‘Infrastructure status’ should be granted to affordable housing sector
According to Assocham, the affordable housing sector should be granted ‘infrastructure status’ because the sector has the potential to invigorate the economy. Seeking ‘infrastructure status’ for the affordable housing sector, Assocham has put forth the opinion that the sector has the capacity to generate a ‘multiplier effect,’ both in terms of creation of employment and [...] Continue Reading »

Affordable housing for all- ASSOCHAM speaks out

Affordable housing for all- ASSOCHAM speaks out
Everyone needs a roof over the head, not just the ones who can shell out big bucks. When we look at a home, we look at it as an investment and one that would be affordable, emancipating decent living and conditions too. Assocham now speaks out in favor of affordable housing, and wants measures for [...] Continue Reading »

Realty experts want new Government to make changes to stagnating legislations

Realty experts want new Government to make changes to stagnating legislations
Realty sector experts are expecting the new Narendra Modi-led Government to make a slew of changes to the stagnating legislations pertaining to the real estate industry, and pave the way for a “new India.” Experts who are pushing for modifications of legislations – as well as improved transfer pricing regulations to attract investors – include [...] Continue Reading »

Doon valley prepares for realty rally

Doon valley prepares for realty rally
Uttarakhand has always been among the top destinations on buyer’s wish list and the property market has witnessed a dream run in the past. The recent natural calamities in the state are to an extent responsible for an overall slowdown in the real estate sector. As per the market watchers, there has been an overall [...] Continue Reading »

Maharashtra tops Gujarat as investment destination: Assocham

Maharashtra tops Gujarat as investment destination: Assocham
According to an Assocham report, Maharashtra replacing Gujarat has appeared to be the number one investment destination in the country. An analysis by the industry group illustrated, as on December 2013 Maharashtra attracted investment proposals of Rs 14,73,466 crore cumulatively, while Gujarat drew proposals worth Rs 13,98,347 crore. The state’s focus on development of industrial [...] Continue Reading »

Bangalore emerges as the most preferred place for buying house in the ASSOCHAM survey

Bangalore emerges as the most preferred place for buying house in the ASSOCHAM survey
Owing to the connectivity, infrastructure and basic facilities, Bangalore has emerged as the most preferred destination for buying a house in 2014, according to the findings of a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM). A majority of the respondents, about 49 per cent, of the urban working class are [...] Continue Reading »



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