24 Feb 2020 Industry Reaction to Union Budget 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.
01 Feb 2019 BUDGET REACTION: Mr. Amit Ruparel, Managing Director, Ruparel Realty The Union Budget 2019 is optimistic for the sector as it will provide ample opportunities for the home buyers to invest.
01 Feb 2019 BUDGET REACTION: Mr.Boman R. Irani, Chairman & Managing Director, Rustomjee Group The budget announcement has been affirmative by opening investment market for second homes. Tax rebate for income up to Rs 6.5 lakh under 80C will accelerate investments in the housing sector.
28 Jan 2019 Expectations from Budget 2019-20 for real estate Expectations of Sankey Prasad, Chairman and Managing Director, Synergy Property Development Services from the forthcoming Union Budget for the real estate sector.
24 Feb 2017 BUDGET REACTION | Anshuman Magazine, Chairman – India and South East Asia, CBRE “Overall, the Union Budget 2017 augurs well for real estate, affordable housing and the infrastructure segment. The affordable housing sector is finally set to get infrastructure status. This was a long-awaited announcement. While we are yet to read the fine-print, this is indeed an important step to promote access to priority lending thereby spurring supply of low cost housing units across various cities in India.
23 Feb 2017 BUDGET REACTION | Shishir Baijal, Chairman & Managing Director, Knight Frank India This has been one of the path breaking budgets with far reaching changes especially for the real estate sector. It is positive that the real estate sector has come in the central spectrum of the Union Budget. This has come at a time when the beleaguered sector has been looking at measures to boost the sentiments.
23 Feb 2017 BUDGET REACTION | Anil Pharande, Chairman,Pharande Spaces Project completion timelines for affordable residential projects have now been increased to 5 years, which comes as a relief to developers of such housing as it will allow them more time to sell their inventory. The Budget has focused on improving rural connectivity through higher kilo meters road construction per day.
23 Feb 2017 BUDGET REACTION | Ashish Puravankara, Managing Director, Puravankara Ltd True to its expectations, Budget 2017 has spelt out roadmaps and allocations across various initiatives of the Central Government and the Finance Minister has done an excellent job of managing the expectations. Initiatives to Real Estate industry has been spoken at length where the sentiments have been largely positive.
23 Feb 2017 BUDGET REACTION | Kishor Pate, CMD,Amit Enterprises Housing Ltd “The Budget has announced that 1 crore rural houses will be created by 2019, and the outlay for rural housing under PMAY is Rs. 23000 crores from the previous Rs. 15000 crores.