Burgeoning population and stress on existing natural resources has triggered the need to boost sustainable or Green Housing in India. In the upcoming Union Budget 2015-16, the real estate industry expects the Government to provide incentives to give the required thrust to this sector. Offering higher Floor Area Ratio (FAR) and other tax sops and […]
The concept of Smart Cities is a vision provided by the Modi government in its first Union Budget in July 2014. Smart cities got a boost with a Rs 7,000 crore fund allocation for the initial framework. The industry is confident that in the upcoming Budget on February 28, encouraging reforms would be announced for […]
Given the government’s big promises of providing housing for all by 2022, sources say Budget 2015 could see a hike in the rebate offered on home loans. In an interview to CNBC-TV18, Navin Raheja, chairman and managing director, Raheja Developers says the government would work at giving more disposable income into the hands of consumers. […]