Budget 2014
After the new government was formed at the centre, the real estate stakeholders had high hopes about the changes the government will implement in their favour. With the first Union Budget being presented by the new Government on July 10th, a lot of expectations are in the air. Real estate players are expecting clarity on [...] Continue Reading »
There are many tasks in front of the BJP government which were left in a mess by the previous government and they have to fix it now. Fixing the central treasury is one of them. The government’s fiscal consolidation moves have to be very tactful to avoid any adverse effect to any of the stakeholders. [...] Continue Reading »
Units are offered to the public by the Real Estate Investment Trust (REIT), which means REITs in retrospect would be catalysts that help raise funds from sources such as investors. It would be these investors or angels that would bring about real estate promising to dole out funds and the same would then be distributed [...] Continue Reading »
Modi’s regime has completed a full month recently, and has thrown up some of the best economic data in a while, generating excitement ahead of a budget that is expected to unveil measures aimed at sparking a recovery, after a slump that has seen growth stay below 5 percent for two years in a row. [...] Continue Reading »
In a change in market sentiment post the Modi-government’s coming to power, investors are preferring to go for real estate, compared to stocks and gold, according to a survey. This is a significant departure from investor sentiments during earlier regimes. 67 percent of respondents in the survey were keen on investing in real estate, compared [...] Continue Reading »
In its recently-released financial report for FY 14, bigwig engineering firm Larsen & Toubro (L&T) has posted earnings figures which have surpassed estimates; and has also set healthy growth targets for FY15. The healthy growth targets which L&T has set for 2014-15 underscore an optimistic outlook projected by the company because of the hope that [...] Continue Reading »
The basic theme guiding Budget preparations is the restoration of the economy to a high growth rate, Financial Services Secretary G S Sandhu said today. He said all ministries and departments were working on a single theme, for the first Modi-government budget to be presented on July 10th. He did not elaborate on specifics. In [...] Continue Reading »
The forthcoming annual Budget must make provisions for tax incentives, to reduce the cost of houses for buyers. This would positively impact the real estate market, which would propel the economy out of its current slowdown. Real estate developers Credai and Naredco suggested increasing the present limit of Rs. 1,50,000 on interest payment of home [...] Continue Reading »
Indians have a saving mentality and household incomes saved in banks and post offices give those institutions an opportunity to invest those amounts in other profit making instruments. Hence if the tax exemption limit is increased to 2 lakhs which is double compared to the existing limit, then it will give a boost to household [...] Continue Reading »
The Indian Real estate industry is looking at the first budget to be presented by the Modi Government with a lot of expectations. The property sector is looking at the possibility of the solution of the issues that have been plaguing the Indian real estate sector – such as delayed projects, legal quagmire, lack of [...] Continue Reading »
