Finance Minister

Union Budget 2019 Boost To Real Estate: Affordable Housing Gets New Lease Of Life

Union Finance Minister Nirmala Sitharaman, while presenting her maiden budget and the first budget of Modi 2.0 government, announced an additional rebate of Rs 1.5 Lakh on Housing Loan Interest. Being considered as a big boost to the real estate sector, this step will encourage first-time homebuyers ...Read More

What Real Estate Expects From The Union Budget 2019

Ms. Nirmala Sitharaman, the new finance minister in Modi Government is set to present her maiden budget on July 5, 2019. And clearly, her focus would be to pull up the GDP growth rate up to 7.5%, as expected by the World Bank. Generating employment is the next issue that the government wants to tackl...Read More

Real Estate’s Expectations from Union Budget 2019: Pritam Chivukula

by Pritam Chivukula We look forward to seeing the new Finance Minister Nirmala Sitharaman present her maiden budget in Parliament on July 5, 2019. We hope it will address the expectations and aspirations of home buyers as well as that of the real estate sector. Post the NBFC crisis, liquidity has bee...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

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

Interim Budget 2019: Why Real Estate Market Should Cheer – RealtyMyths

 Being the last budget before the general elections, the industry was actually expecting a populist budget from the interim finance minister. However, Mr. Piyush Goyal indeed faired well and presented a well-balanced Budget, giving full impetus to every sector. The government’s decision to ext...Read More

Weekly News Round Up- RealtyMyths

Hey guys! Welcome back to a whole new set of weekly news roundup, where we inform you about the latest happening in the real estate world. So let’s get started! Beginning with Jewar airport. The Union Minister Mahesh Sharma announced, on January 30, PM Modi is likely to lay the foundation stone for J...Read More

RBI Keeps Repo Rate Unchanged, Real Estate Sector Delighted – RealtyMyths

And the rates are unchanged! The Reserve Bank of India (RBI), at its monetary policy review meeting held today, kept the repo rate unchanged to 6.5%. RBI also lowered the inflation projection to 2.7-3.2% from 3.9-4.5% for the second half of 2018-19. The Monitory Policy Committee (MPC) suggested reaso...Read More

Budget 2018 and climate change: Too Little, Too late?

Akhilesh K Prasad While the Economic Survey 2017-18 lay emphases on the impact of climate change on the energy and the agricultural sector, the Union Budget 2018-19 presented two days later did not have much in it for the environment. The budgetary allocation for the Ministry of Environment, Forest a...Read More

Budget 2018: A manifesto for elections 2019

Akhilesh K Prasad The Gujarat assembly elections have perhaps been an eye-opener for Modi government. The BJP may have been able to scrape through, but not without jitters. In rural Gujarat and especially in Saurashtra, the vote of the farming community clearly went against the ruling party. Thereaft...Read More

The 18 big announcements of the 2018 Budget!

Anushree Ghosh The future of India’s democracy will again go through a decisive stage in the 2019 polls; therefore NDA’s last budget was the most awaited and critical one. Finance Minister Arun Jaitley presented the Union Budget 2018-19 with a significant stress on the infrastructural development, ve...Read More

NAREDCO hails the overall budget, says it will also provide impetus for housing and real estate sector

RM Correspondent, India’s premier apex body for real estate sector, National Real Estate Development Council (NAREDCO) has hailed the overall budget presented by Finance Minister, Mr. Arun Jaitley and feels that the Government has continued making announcements that will take the country on the path ...Read More

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