Infrastructure status for affordable housing was a long-standing requirement of the sector. This move should boost the volume of construction activity across the country, which has been struggling with reduction in the number of projects being launched over the last few quarters.
Author: admin (Infratructure Today)
Post
Post
Affordable housing is now lucrative for real estate majors
The announcement of infra status for the affordable housing segment in the Budget will open up new avenues for developers planning to offer budget housing units and will make it easy and comfortable for them to get finance from lending agencies.
Post
We tend to thrive in volatile environments
We have been in business for nine years; our 10th year anniversary is in July. We always found that economic environments that are increasing or contracting are best for us. I might say it in another way. We tend to thrive in volatile environments where organizations are required to be ready for change.
Post
In the HAM of a Dilemma
Just as with PPP projects, HAM contracts too are finding financial closure to be a challenge. Banks, especially, are wary of putting their money on developers with weak financials and lack of adequate experience. Industry insiders, however, beg to differ.
Post
We foresee more investments by FIIs, foreign investors and NRIs
The government has expressed the vision of 'Housing for all' by 2022, so in that sense the budget showcases a long-term vision. We are hoping that the government should articulate action plans that would follow their expressed intent. It was vastly anticipated that the budget would arrive at correcting the market drawbacks as a whole.
Post
It’s feasible now for infra majors to get into affordable housing
The 'Infrastructure' status to the affordable housing segment seems adequate to spur investments by the private sector with favourable outcomes as it opens up a plethora of avenues for the benefit of affordable housing.
Post
Infra status won’t drop prices, but will increase housing supply
With infrastructure, we expect the affordable housing segment to develop a new degree of velocity because the cost of capital is going to reduce and lenders are going to be motivated to invest money in this sector. Likewise, the tax status for development is beneficial with the infrastructure status.
Post
Infrastructure tag will create liquidity in the sector
The affordable housing sector is looking and feeling upbeat! The sector has been finally granted infrastructure status, in addition to interest rate subsidies through the PMAY scheme, the income-tax breaks have been extended effectively till 2024 and finally the government has moved the idea of providing regulatory and construction approvals within 60 days.
Post
‘Lenders’ concern – risky execution in highway concessions
Minimising of project execution risks and introduction of strong deterrents for non-performers are the only long-term solutions to ensure seamless funding for infrastructure projects, says Srishti Ahuja Taneja, Director, Transaction Advisory Services, Ernst & Young.
Post
Housing not ‘Infra Dig’ any more
Industry sectors like housing, cement, et al have been clamouring to be allowed into the hallowed precincts of infrastructure for quite some time. Apart from the recognition of contributing to nation building, to be admitted as a member of the so called "Infrastructure Club" also offers the lure of easier financing norms.