high hopes on the Modi Government
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 »
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 »
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 »
The entire nation and the business world abroad are looking at the maiden budget of the Modi Government to be presented on July 10 with a lot of anticipation. Manufacturing, housing and labour skilling are going to be the key long-term focus of Finance Minister Arun Jaitley maiden budget on July 10. The government’s main [...] Continue Reading »
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 »
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 »
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 »
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 »
The Chairman of home loan major HDFC Deepak Parekh mentioned that transparency and timely approvals from different authorities can reduce home prices by almost 20 %. Now that is truly a good news for the home buyers. And the Modi government had promised to reduce the red- tapism involved in the housing projects. Parekh also mentioned [...] Continue Reading »
The Modi government wants to provide all the facilities to the infrastructure sector and they have allowed the infrastructure finance companies to issue secured debentures with a tenure of up to 30 years. This move is expected to help in raising long-term funds for the sector. Besides, infrastructure debt fund non-banking financial companies (ID-NBFCs) have [...] Continue Reading »
