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Realty Sector Urges FM To Revisit Budget
The urban development ministry aims to seek a review of the proposal to get the service tax duty on sale of housing projects under construction which had been proposed in budget 2010 from April 1,...
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Memorandum to Govt. from CREDAI to Take Off Service Tax
April 14, 2010 A memorandum has been submitted to the Finance Ministry concerned with the appeal for removal of service tax on housing complexes under construction by CREDAI, Confederation of Real...
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Real Estate Prices To Increase
Photo by It is very likely that the Real Estate prices in the country will shoot up further with the Finance Ministry’s decision of not withdrawing 2.5% service tax. This move was proposed by the...
View ArticleRealty players demand Industry status and affordable housing as a priority...
The Union Budget 2012 to be presented by the Finance Minister Pranab Mukherjee is being looked at to provide relief in terms of policy reforms with the real estate sector of the economy coming under...
View ArticleRealty Sector has no resurgence.
The latest Economic Survey reveals that the share of the housing sector to the overall GDP is likely to rise by one per cent to 6 per cent on increased investment. Currently, about 5 per cent of...
View ArticleBuilders say that Pranab Mukherjee has ignored ground realty in the Union...
With predicting an escalation in property prices, top players in the realty sector said they had been ignored by the finance minister. Chief of the Confederation of Real Estate Developers’ Association...
View ArticleRealty Sector in Disappointment
The Union Budget 2012-13 on Friday proposed allowing external commercial borrowing for low cost affordable housing projects. Presenting the Budget in the Lok Sabha, the Finance Minister, Mr Pranabh...
View ArticleReal Estate Sops can’t impress Firms.
The finance minister relaxed borrowing norms for real estate firms and extended the loan subsidy for low-cost affordable houses. The concessions have, however, failed to impress the industry leaders...
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Real Estate Sector Wants FM To Lower Costs Of Finance
Real estate players of India hope that Finance Minister’s upcoming budget will bring down the costs of finance for the construction sector. Finance minister is likely to announce new Budget which is...
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Budget 2013 to Give Hopes to Home Buyers
Budget 2013 is expected to offer some hopes to the home buyers as finance minister has signaled some special provisions for the affordable housing segment. Budget 2013 likely to boost affordable...
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Budget 2013 -2014: An Overall Review
Budget 2013 -14 was awaited with lots of expectations and hopes. The budget, announced by the Finance minister today, was received with mixed feeling by the common population. P Chidambaram announced...
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Budget 2013-14 Proposes Rs.1L Deduction to First-Home Buyers
With the Rs.1 lakh deduction on interest rates on home loans up to Rs.25 lakh, the first time home buyers alone may benefit from the Budget 2013-14 which was presented in the parliament on Feb 28....
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