Budget 2012
The realty industry hoping for a budget which will provide more support to the realty industry to construct more affordable houses. The industry also wants the formation of Real Estate Regulatory Authority (RERA), to improve the transparency and authenticity of the real estate industry. The Industry wants proposals for making it more investment friendly so [...] Continue Reading »
The real estate industry demands tax rebates, excise duty reduction, stamp duty waivers and expansion of the interest subsidy on loans in the coming Budget 2012. According to the real estate builders affordable housing projects will enhance the fund flow for the real estate market. The sector also wants availability of funds at lower interest [...] Continue Reading »
The Real Estate industry of India is eying at Pranab Mukherjee, the Finance Minister, for a change in the interest structure and in investment policy for the property management. This sector is compressed under huge debt ratio and they need a lot of investment in terms of property selling. And the amount of investment required [...] Continue Reading »
Due to market scenario the Real Estate industry is expecting the forth coming Union Budget to grant some relaxation in the foreign direct investment (FDI) and external commercial borrowings (ECBs) for the Real Estate sector. In recent past, the real estate sector has seen a rapid growth, the fund crunch is still a concern for [...] Continue Reading »
Real estate sector is considered as the second largest sector of India in terms of generating employment. But over last few years this sector is struggling to grow because of various administrative obstacles. The slow down economy, dawdling decision making process, and the higher trend in interest rates are effacting the growth of this sector. [...] Continue Reading »
