A major push to the economy, real estate and job-creation is the emphasis placed on infrastructure sector in the budget.
Experts believe it will provide ample push for the sector as developers will now be able to get access to preferential and lower borrowing rates from banks
The government today announced infrastructure status to affordable housing to encourage investment in this segment and offered tax sops for developers sitting on completed unsold inventories
Home buyers from this upcoming budget 2017 are expecting reduction in high finance cost and stamp duty charges
In the long run, renters must be awarded superior tenure security and the landlords deserve support for generating superior yield
As of May 2016, construction of only 0.1% of the houses sanctioned under Pradhan Mantri Awas Yojana were completed, reflecting a major flaw in implementation of the project launched in June 2015
Housing projects contain provisions for roads, electricity sewerage and other institutional uses which form the infrastructure of an area
Local Bodies need to understand their cities in great depth and require leadership qualities, vision and capacity assistance to act decisively
Among the measures expected, the finance minister may look at putting in more cash in the hands of individuals by reducing the personal income tax slabs
"Granting of infrastructure status to projects will attract large companies to the sector and inculcate corporate governance," said NAREDCO President Praveen Jain.
The government needs to move towards meeting the expectation of burgeoning urban middle class
Close to the 50-day deadline that Modi had promised — we had been informed by an endless stream of reports in media that disgruntlement against 'notebandi' among the public is now reaching a crescendo — the anecdotal experience sat at odds with the reportage.
The incentives come ahead of the government's annnual budget, expected some time in February, and before key a election in the northern state of Uttar Pradesh in early 2017
If the government can insist the common man to change their cash transactions to digital mode, why can’t it ask the same of political parties, too?
Prime Minister Narendra Modi elbowed his way into this vital annual celebration time of every Indian to address the nation.
Demonetisation has lead to a severe cash crunch, translating into untold woes for the aam aadmi even as its goal of extinguishing black money remains hazy