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Nepal Investment Summit Concluded | New Spotlight Magazine

Nepal Investment Summit Concluded | New Spotlight Magazine
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Budget to put pandemic-hit real estate sector back on track, say experts

Budget to put pandemic-hit real estate sector back on track, say experts
ANI |
Updated: Feb 06, 2021 12:28 IST
New Delhi [India], February 6 (ANI/NewsVoir): India s real estate sector which was engulfed by a global pandemic is now back on road to recovery. With economic activities gearing up, key announcements in the union budget have raised hopes for this sector.
Industry leaders are lauding and welcoming decisions taken by Finance MinisterNirmala Sitharaman. Eminent experts opine that major budget announcements like tax exemptions on affordable housing projects, debt financing by foreign portfolio investors (FPIs) in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), better connectivity will bring back confidence among investors and homebuyers, reviving trust, growth and investments in this emerging sector. ....

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Budget to put India's pandemic-hit real estate sector back on track, say experts

Budget to put India s pandemic-hit real estate sector back on track, say experts
By: ANI
ANI
New Delhi: India s real estate sector which was engulfed by a global pandemic is now back on road to recovery. With economic activities gearing up, key announcements in the union budget have raised hopes for this sector.
Industry leaders are lauding and welcoming decisions taken by Finance Minister Nirmala Sitharaman. Eminent experts opine that major budget announcements like tax exemptions on affordable housing projects, debt financing by foreign portfolio investors (FPIs) in real estate investment trusts (REITs) and infrastructure investment trusts (InvITs), better connectivity will bring back confidence among investors and homebuyers, reviving trust, growth and investments in this emerging sector. ....

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Realtors seek tax sops, industry & infra status for sector in Budget

Real estate developers expect the government to provide industry as well as infrastructure status for the sector, increase the corpus of Rs 25,000-crore stress fund, and more tax sops for both homebuyers and builders in the upcoming Budget to boost property demand.
They also hope for single-window clearance for projects, measures to boost liquidity, reduction in the GST rates and availability of input tax credit on the GST paid in the Budget 2021-22, which will be presented on February 1.
We sincerely hope that Budget 2021 brings some much-needed relief to homebuyers as well as developers, Tata Realty and Infrastructure MD & CEO Sanjay Dutt said. ....

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Real estate industry expects big measures from Union Budget 2021

Real estate industry expects big measures from Union Budget 2021
ANI |
Updated: Jan 28, 2021 19:03 IST
New Delhi [India], January 28 (ANI/NewsVoir): The upcoming Union Budget slated to announce on 1st February 2021 has anticipated the announcements and reforms to augment the business activities across the sectors. The real estate sector is pinning hopes on the Union Budget that might push expediting the sector s growth to the pre-COVID level growth figures.
There is widespread speculation that the government would bring incentives to promote manufacturing activities in the country. With expectations of appropriate, innovative, and path-breaking measures, industry players express their concern for the government to consider and acknowledge in the Budget. ....

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