Finance Minister

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

The Diminishing Corporate Investment into the Economy – Is it to do with Corporate Governance!

The Narendra Modi led Union Government is just a month away from presenting its fourth Union Budget. Riding on the reformatory waves it laid last year, the government is again expected to unleash more such policy amendments this year as well. However, one of the biggest challenge for the Union Govern...Read More

Haryana’s Real Estate Regulator will be a facilitator: Cap. Abhimanyu

Finance Minister, Government of Haryana, Cap. Abhimanyu Singh on Saturday appealed to builders and real estate developers that are operational in the State to satisfy all legitimate aspirations of their buyers and follow guidelines as prescribed by the State to construct houses and real estate units ...Read More

Real estate leaders reacts to the annual budget 2017

Post budget announcements, the real estate sector seems exuberant about the market. Demonetization had already been a nightmare for some players, thus, this budget was a crucial ingredient for the boost of this sector! There have been some widespread speculations about the sector, but here’s wh...Read More

Post Budget – Urban housing 2022 is a Dystopian myth

Being a bespectacled soul, one of the few terms I could genuinely relate to in my 9th grade physics lessons was ‘myopic’. It is defined as being shortsighted, and people who are myopic generally need reading glasses. In the absence of the lens however, one might have to rely on faith for reading betw...Read More

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