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expectations from modi government

Smart City projects to be developed by Russian conglomerate Sistema JSFC

Smart City projects to be developed by Russian conglomerate Sistema JSFC
Russian conglomerate Sistema JSFC is looking at smart city opportunities in India. After the Government’s decision to invest over Rs 7,000 crore in setting up 100 smart cities, many foreign investors have started showing interests in investing in India’s infrastructure sector. A company spokesperson stated that they are likely to start with one or two [...] Continue Reading »

Many realty players are showing interest in Modi Government’s affordable housing schemes

Many realty players are showing interest in Modi Government’s affordable housing schemes
The Modi government is putting a lot of emphasis on the ‘’Housing for all by 2022’’ schemes and the realty sector is also singing to that tune after a lull of many quarters. In June, Mahindra Lifespace Developers Ltd, part of the Mahindra Group, announced plans to build 2,200-2,500 houses costing between 10 and 20 [...] Continue Reading »

14 percent SEZs working in Maharashtra

14 percent SEZs working in Maharashtra
The Modi Government has been making attempts to revive the Special Economic Zones (SEZs) all across the country. The impasse that has been created by the UPA Government policies keeps on haunting them. In Maharashtra, only around 14 percent of the allowed Special Economic Zones are functional. The Board of Approval or BoA of the [...] Continue Reading »

Budget to Boost Construction and Manufacturing Sectors

Budget to Boost Construction and Manufacturing Sectors
With the National Democratic Alliance (NDA) aiming to take the economy to a sustained growth rate of 7-8% within the next couple of years and increase job opportunities, Finance Minister Arun Jaitley announced new measures to improve roads and boost construction. The road sector was the focus during the previous NDA government as well. Arun [...] Continue Reading »

Increased tax exemptions to improve real estate and consumer durables sales

Increased tax exemptions to improve real estate and consumer durables sales
The Narendra Modi government’s maiden Budget is targeting on increasing consumer demand in the economy by increasing disposable income in the hands of people. The budget wants to give the much awaited boost to the real estate sector, which not only boosts demand for housing, but other consumer durables as well. Since after buying a [...] Continue Reading »

Mehul Thakur of Viva Homes requests industry status for real estate

Mehul Thakur of Viva Homes requests industry status for real estate
Mehul Thakur, Director of real estate firm Viva Homes, has made clear his expectations of PM Narendra Modi-led government to boost the growth of the real estate sector by focusing on infrastructural development. “Infrastructural development has been at the forefront of the new government’s agenda on account of its potential to propel economic growth significantly. [...] Continue Reading »

Paras Pharma founder enters into the realty space

Paras Pharma founder enters into the realty space
In the business world, the gurus will always emphasise on the need on diversification so that even if one business is not yielding profits, the other cash cow can run the show. Gujarat-based entrepreneur Girish Patel seems to walking on the same path. Patel the brain behind iconic brands such as Moov, Livon, and D’Cold after buying [...] Continue Reading »

Credit guarantee fund- A new initiative to help home loan customers

Credit guarantee fund- A new initiative to help home loan customers
The good thing is that NaMo government manifesto and actions are well co-ordinated. They had promised ‘’housing for all by 2020’’ and now they are looking to set up a credit guarantee fund that will help bring down interest on home loans for small borrowings, a move aimed at giving a big push to low-cost [...] Continue Reading »

CommonFloor’s Top 10: Real Estate Growth in Cities

CommonFloor’s Top 10: Real Estate Growth in Cities
The real estate portal Commonfloor has released a list of the top ten Indian cities on the basis of maximum expected growth after the formation of the new government. The cities on the list are Bhiwandi, Ghaziabad, Indore, Jaipur, Ahmedabad, Nashik, Lucknow, Kochi, Vijayawada, and Vadodara. The real estate sector in India, which was undergoing [...] Continue Reading »

Omkar Realtor’s residential project in Powai gets equity funding from Indiareit

Omkar Realtor’s residential project in Powai gets equity funding from Indiareit
The slowdown in the real estate sector in the last two years seems to be over after the swearing in of the new government whose agenda is to improve the infrastructure, realty and manufacturing industries. On one hand the real estate industry is anticipating to get the Infrastructure status, and on the other hand a [...] Continue Reading »



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