The Union budget is likely to propose an industrial area development scheme focused on micro, small and medium enterprises with funds to not only expand and upgrade existing industrial areas with common infrastructure but also develop new industrial areas.

The Union Finance Ministry is preparing a cabinet note to seek approval for a Rs. 6,000 crore equity infusion into two subsidiaries of the National Infrastructure Investment Fund (NIIF). The amount will be part of the Rs. 22,000 crore equity support promised for NIIF in the Union Budget 2020-21.

The Central government has allocated Rs. 5,000 crore for the Mumbai-Ahmedabad bullet train project in the Union Budget for 2020-21.

The 2020 Union Budget outlined Aspirational India, Economic Development & Caring Society as the key focus areas. A lot has been attempted in the budget to address this. Thrust on accelerated infrastructure development is meaningful.

The Union Budget 2019 is optimistic for the sector as it will provide ample opportunities for the home buyers to invest.

Expectations of Sankey Prasad, Chairman and Managing Director, Synergy Property Development Services from the forthcoming Union Budget for the real estate sector.

We appreciate the Union Budget’s vision of the power sector as enabler of the common man’s access to the benefits of infrastructure development.

The Union Budget 2018-19 is a balanced budget that I believe will help drive & sustain long-term growth for India. The increased focus on higher infrastructure spends, smart cities, digital India, and healthcare is a step in the right direction

The single-tax regime in India ushered in additional cost pressure on real estate. Presently real estate falls under 18% tax bracket of the Goods and Services Tax (GST) Act with 1/3rd abatement for land.