The growth of building products industry hinges on the booming real estate sector. As the Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2020 on February 1, Rajesh Mehra, director and promoter of Jaquar Group shares the wishlist that he feels would boost the realty should the Modi-led government accept them.
In a significant move aimed at bringing relief to homebuyers and realty players, the Modi government has announced constitution of a Rs 25,000 crore Alternative Investment Fund (AIF) for reviving 1,600 stalled projects, mainly in the affordable and middle-income categories. These monies will be pumped in jointly by the government, Life Insurance Corporation of India
The new guidelines have widened the scope for projects that could avail funding under this special window. Harsha Sodhani India Ratings and Research (Fitch Group) believes the government of India’s decision to set up a fund of Rs 250 billion (announced on 6 November 2019) to provide priority debt financing for the completion of stalled
Homebuyers seeking ready-to-move-in properties in the ongoing festive quarter are spoilt for choice, as nearly 81,300 unsold homes are available across the top seven cities in the category, according to property consultant Anarock. As on Q3 2019 end, approximately 6.56 lakh units were lying unsold across these cities and out of this nearly 12% are
Flexible space and Coworking space are the new formats of offices that are gaining steam across the country. While the former offers managed space for one company with customised amenities, the latter provides shared space for smaller companies with common facilities. The flexible space take-up in the country has reached about 4.6 million sft in
Prashant Thakur The age of property buyers is an important demographic variable which Indian real estate stakeholders from developers to marketers and advertisement agencies must focus on. Over the past decade, there has been a tectonic shift in not just the overall buying pattern but also in the age of property buyers. Until the late
We wholeheartedly congratulate the honourable Finance Minister Nirmala Sitharaman for announcing such a bold and decisive measure. This was a long-standing demand of the Indian corporates including the real estate sector. We believe the decision will go a long way in reinvigorating the manufacturing sector in particular in line with make in India initiative of
The announcement by honourable Finance Minister, Nirmala Sitharaman proposing to slash corporate tax for domestic companies from 30% to 22% comes at an opportune time when the economy needs a boost in investments. To give strength to India’s ambitious ‘Make in India’ initiative, the government has proposed a tax rate of 15% for new domestic
In another positive and a bold step to help revive the economy from its slumber, the FM has slashed the corporate tax rates to 25.75% from earlier 30%. This big-bang move will have a rippling impact on all sectors including real estate as it will encourage foreign institutional investors to invest in the country. In
We are delighted with the Honourable Finance Minister’s announcement this morning on restructuring the corporate tax regime. It is a milestone effort towards kick-starting the Indian economy and boost production. This substantial direct tax reduction will allow more liquidity for the corporates that are currently assuming drastic measures to protect their profitability. This reduction in
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![]({"jaw_blog-16_9-small":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/11\/REALTY_1-170x95.jpg","width":170},"jaw_blog-16_9-middle":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/11\/REALTY_1-270x152.jpg","width":270},"jaw_blog-16_9":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/11\/REALTY_1-475x267.jpg","width":475},"jaw_blog-16_9-big":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/11\/REALTY_1-878x494.jpg","width":878},"large":{"file":"https:\/\/sourcinghardware.net\/wp-content\/uploads\/2019\/11\/REALTY_1-1024x641.jpg","width":1024}})
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