Home » Real Estate » Reaction on Budget by Realtors: Bijay Agarwal, MD, Salarpuria Sattva The Finance Minister’s digitally presented budget strikes a good balance between growth and fiscal foresight for the Real Estate sector. With the recently hit COVID crisis and changing economic trends worldwide and in India, any additional tax burden due to…

With a focus on the industry and better connectivity for freight transportation, Union Finance Minister Nirmala Sitharaman on Monday announced three new Dedicated Freight Corridors (DFCs) of approximately 4,000 km. While presenting the Union Budget for 2021-22, the finance minister also announced the extension of the Eastern Dedicated Freight Corridor by 538 km from Sonnagar…

[ad_1] BEIJING: China‘s home prices are expected to rise at a slower pace this year while sales will likely remain steady, as Beijing shifts its focus to tackling rising debt risks in the sector as the economy recovers, a Reuters poll showed. The residential property market recovered quickly in 2020 benefiting from lower mortgage interest…

The government on Monday unveiled a scheme for setting up mega textile parks in the country, as part of the Centre’s efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector. Finance Minister Nirmala Sitharaman made the announcement while presenting the Budget 2021-22 in Parliament. “A scheme of…

The government on Monday said debt financing of emerging investment vehicles – REITs and InvITs – will be enabled by making a suitable amendment in order to attract more investment in the real estate as well as infrastructure sectors. REITs (real estate investment trusts) and InvITs (infrastructure investment trusts) are relatively new investment instruments in…

As the three high-speed rail corridors are expected to start from Delhi for Amritsar, Ahmedabad and Varanasi, the national capital is likely to get two high-speed rail stations in different areas, officials related to the development said on Sunday. National High-Speed Rail Corporation Limited (NHSRCL) spokesperson Sushma Gaur said, “NHSRCL is exploring all the possibilities…

[ad_1] NEW DELHI: Finance Minister (FM) Nirmala Sitharaman while presenting Union Budget 2021 said that ‘Housing for All’ and affordable housing are priority areas for the central government. FM allocated Rs 54,581 crore to Ministry of Housing and Urban Affairs in the Budget 2021. The government also extended the additional tax deduction of Rs 1.5…