REAL ESTATE BUDGET

  • Realtors unhappy as RBI keeps rates unchanged March 15, 2012

    New Delhi: Real estate developers on Thursday expressed disappointment over the RBI's decision to keep key policy rates unchanged and sought a cut in interest rate to boost housing demand. "We are very disappointed at this gesture by the RBI. The economic condition is getting worse day by day. The Government...
  • Budget 2012: Raheja Developers MD presents his wishlist March 15, 2012

    In his Budget wishlist, Raheja Developers MD Navin Raheja wishes for certain tax benefits that would make housing cheaper. ...
  • Budget: Realty sector wants FDI, ECB norms relaxed March 5, 2012

    Developers in the realty sector, which is facing severe credit crunch due to higher interest rates, expect the government to relax norms for repatriation of FDI and external commercial borrowings (ECBs) in the forthcoming Budget for 201213. The industry expects the Budget, to be announced on March 16, to relax...
  • '2012 will be year of growth in realty' March 2, 2012

    J C Sharma, MD, Sobha Developers believes that the forthcoming Budget will decide how the demand situation will pan out going forward. However, Sharma feels that the worst is behind for the real estate sector with the Reserve Bank of India giving clear indications that interest rates have reached the...
  • Need realty regulator, stamp duty cut: Tata Housing February 23, 2012

    By Brotin Banerjee While the government is trying to provide the requisite stability to the economy, it now needs to focus on strengthening the real estate sector. This is important in view of the fact that construction sector is the second largest employer next only to agriculture, and growth in the...
  • Will Budget 2012 stop infra dream from crumbling? February 21, 2012

    This is the government's great Indian infrastructure dream. But the ground reality is a rude awakening. With a slowing economy, high interest rates and more importantly delayed decision making, infra projects and infra companies face an uncertain future. As Pranab Mukherjee gets ready to present Budget 2012 the message is clear...
  • Cement makers want Budget to end anomaly February 20, 2012

    New Delhi: Cement makers on Monday requested the government to bring to an end the existing anomaly, where duty on import of inputs is higher than on finished product, in the forthcoming Budget. "The Government should scrap import duty on coal, pet coke, gypsum and other fuels. The cement industry is...
  • Home loans may get Rs 3 lakh tax deduction February 13, 2012

    New Delhi: In a bid to boost housing sector credit, the government is contemplating enhancing income tax exemption for up to Rs 3 lakh paid as interest on housing loans in a year, from the existing limit of Rs 1.5 lakh. The government is considering raising the tax deduction limit for...