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Realtors seek tax sops, industry & infra status for sector in Budget

Real estate developers expect the government to provide industry as well as infrastructure status for the sector, increase the corpus of Rs 25,000-crore stress fund, and more tax sops for both homebuyers and builders in the upcoming Budget to boost property demand. They also hope for single-window clearance for projects, measures to boost liquidity, reduction in the GST rates and availability of input tax credit on the GST paid in the Budget 2021-22, which will be presented on February 1. We sincerely hope that Budget 2021 brings some much-needed relief to homebuyers as well as developers, Tata Realty and Infrastructure MD & CEO Sanjay Dutt said.

Real estate industry expects big measures from Union Budget 2021

Real estate industry expects big measures from Union Budget 2021 ANI | Updated: Jan 28, 2021 19:03 IST New Delhi [India], January 28 (ANI/NewsVoir): The upcoming Union Budget slated to announce on 1st February 2021 has anticipated the announcements and reforms to augment the business activities across the sectors. The real estate sector is pinning hopes on the Union Budget that might push expediting the sector s growth to the pre-COVID level growth figures. There is widespread speculation that the government would bring incentives to promote manufacturing activities in the country. With expectations of appropriate, innovative, and path-breaking measures, industry players express their concern for the government to consider and acknowledge in the Budget.

Impeached Again | Will The Trump Tower Brand Feel The Heat In India?

Impeached again | Will the Trump Tower brand feel the heat in India? Real estate experts in the know of the matter said that the impact is unlikely to be felt on projects that are already complete or ready to move in. New projects that are in the pipeline, however, may feel the pinch on account of perception issues Donald Trump has become the first US president to be impeached twice as the House of Representatives on January 13 charged him with “inciting an insurrection” after his supporters stormed the Capitol a week earlier. His real-estate empire is feeling the heat as well after the rioting that struck at the heart of the American democracy. The Trump brand has been tarnished, some say forever.

Economic Stability and Conducive Policies to Drive Real Estate in 2021

Economic Stability and Conducive Policies to Drive Real Estate in 2021 ANI | Updated: Dec 29, 2020 16:34 IST New Delhi [India], December 29 (ANI/NewsVoir): Developers are unanimous that real estate will bounce back in 2021 owing to prospects of economic stability and a conducive policy landscape. According to them, the Unlock phases, the series of government initiatives and the recently-concluded festive season have set the momentum for growth that is expected to continue into 2021 as well. The COVID-19 pandemic has reaffirmed the significance of spacious homes and real estate as a stable investment during an unprecedented time. The demand for exclusive residential properties will likely continue well into 2021. Also, with home-loan rates being all-time low, the demand and inquiries have seen a steep jump, and we expect this to continue even in the next financial year. We see a number of NRIs either moving back to India or looking at investm

Conducive policies to drive Real Estate in 2021

Conducive policies to drive Real Estate in 2021
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