News articles tagged Budget

Real Estate Sector Wants FM To Lower Costs Of Finance

Indian real estate players anticipate the Finance Minister's budget to lower construction finance costs, boost the sector, enable affordable housing, and expedite project clearances.

Mumbai offers little hope for home buyers.

Mumbai faces a real estate crisis with Rs275 billion invested since 2005 yielding few returns, leaving many flats vacant and buyers confused amid rising costs and regulatory changes.

Real Estate Prices To Increase

India's real estate prices expected to rise further as Finance Ministry retains 2.5% service tax on under-construction projects, impacting homebuyers.

Memorandum to Govt. from CREDAI to Take Off Service Tax

CREDAI submits memorandum to Finance Ministry to remove service tax on under-construction housing complexes.

Hollow budget for real estate

The recent budget announcement has left many industries, including real estate, dissatisfied with a lack of significant changes or incentives for foreign investments. The budget's provisions are seen as inadequate to combat the ongoing recession.

Good Budget For Real Estate Sector.

The Indian real estate sector is optimistic about the recent budget but calls for further action to meet industry demands, with key benefits noted for housing and infrastructure.

Predicted Features Of The Budget.

India's upcoming budget, the last before general elections, is expected to be populist, focusing on voter appeasement through tax reductions and increased social sector spending.