Budget 2019

Real Estate Budget Wish List: More Tax Benefits Needed To Generate Demand

by Anuj Puri With the Modi Government taking full charge, all sectors have pinned high hopes from the finance minister – who is already saddled with multiple issues including the slowing economy, liquidity crunch due to NBFC crisis, lack of job creation and rising NPAs, among others. Without co...Read More

Impact of Interim Budget 2019 on the Retail Sector – RealtyMyths

by Anushree Ghosh Review & analysis of the interim budget for the retail sector Introduction to the interim finance budget, impact on the rural and lower-middle-class segment, increase use of consumer-driven goods, benefits to small and middle-sized enterprises, future impacts and the central tho...Read More

Budget 2019-20 Neglects Commercial Real Estate – RealtyMyths

by Akhilesh K Prasad Budget 2019-20 has been hailed as a blessing for home buyers and residential real estate developers. It has provided a good mix of direct and indirect incentives, especially with respect to affordable housing in keeping with the government’s flagship initiative of ‘Housing for Al...Read More

Budget 2019: Does it favour the real estate market?

It was a moment of cheer for the real estate sector when India’s Interim Finance Minister presented the Interim Budget 2019 on February 1, 2019 in the Parliament. And why not, the real estate, once again, got many mentions during the budget speech. There were many soaps for the developers, the ...Read More

Only 9% of Current Unsold Housing Stock Benefits from Tax Relaxation – RealtyMyths

Santhosh Kumar, Vice Chairman – ANAROCK Property Consultants Just 63,000 ready units currently benefit out of total 6.73 lakh units across top 7 cities Nearly 22,000 ready unsold units completed before 2017 don’t benefit from the new rule 33% of 5.88 lakh unsold under-construction units in the luxury...Read More

Commercial Real Estate Trends in 2019: a Forecast – RealtyMyths

by Akhilesh K Prasad The year 2018 saw the commercial office market emerge as the frontrunner in a market that has, in the last couple of years, witnessed revolutionary changes in terms of legislation. The implementation of the Real Estate Regulation (and Development) Act, Real Estate Investment Trus...Read More

An Infrastructure status or a cut in GST Rate, what Lies in the Interim Budget for Real Estate? – RealtyMyths

It’s that time of the year when every sector of the country gets full of hopes and aspiration. Yes! It’s almost time for the Interim Budget 2019. On 1st February, the government will present the Interim Budget 2019 in the Parliament. Like every other sector, Real Estate sector has its own expectation...Read More

Union Budget Expectation for Indian Real Estate In 2019 – RealtyMyths

Mr. Rakesh Reddy, Director, Aparna Constructions & Estates For the upcoming Union Budget 2019, the Indian real estate sector will be looking forward to measures that will increase demand, lower costs for developers and bolster momentum moving forward. The past two years have seen numerous policy ...Read More

Expectations of Power Sector from Budget Session 2019-20 – RealtyMyths

Unavailability of coal is one of the primary reasons for stress in thermal generation. We expect the Coal Ministry to lay down a specific timeline and an intensive budget to ramp up coal production of CIL and its subsidiaries to meet sector demands. It would also lead to decrease in import dependency...Read More

Union Budget 2019-20: Expectations for real estate sector – RealtyMyths

The real estate industry has been facing some rough weather given the tough demand environment, which got aggravated further with the recent NBFC crisis. While the industry undertakes measures to revive demand, a much-needed impetus from the Union Budget will go a long way in helping turnaround the f...Read More

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