FDI into retail sector
Finance minister Arun Jaitley on Thursday made it clear that the government is trying to bring down the taxes and provide boost to the economic activities. He also mentioned that the interest rates for sectors like housing would come down and this will give a boost to the demand in the real estate sector. Since [...] Continue Reading »
The present budget is very much real estate friendly and the realty experts today welcomed the Budget proposals to allow FDI in housing sector and tax incentives for REITs. The industry now is beaming with new hopes and feels that these measures will help boost affordable housing as well as improve investment flows. The Budget [...] Continue Reading »
The foreign trade partners, including the US and the EU are not happy with the decision of the BJP-led Government at the Centre of not allowing foreign direct investment (FDI) in the multi-brand retail sector. Minister of State for Commerce & Industry (Independent Charge) Nirmala Sitharaman informed that press on Tuesday, that the small and [...] Continue Reading »
While the government’s announcement of allowing Foreign Direct Investment(FDI) into retail sector has been drawing mixed responses throughout the country, the housing developers have welcomed the reform. Hailing the UPA government’s decision, the housing developer community called for accelerating the economic reforms process by covering the realty sector. The Confederation of Real Estate Developers’ Associations [...] Continue Reading »
