The slash in GST rates to 5 per cent without ITC from the previous 12 per cent with ITC for premium homes, and to 1 per cent minus ITC for affordable homes from the earlier 8 per cent, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019.
FlashNews:
Shell plans to acquire 100% stake in Actis for over $1 billion
Why Green means Money
ReNew signs five PPAs to supply 1,500 MW power from solar plants
DLI to offer logistics services at Integrated Logistics Park in Anekal
Mumbai-Ahmedabad Bullet Train project picks ups pace
Scatec ASA aims hydropower assets in India
BSUL invites proposals for solar projects in Jalaun Park
Essar Ports Vizag Terminal held largest dry bulk vessel
Pralhad Joshi: thermal power plants hold 22 MT coal, enough for ten days
Coal demand expects to grow in India: Coal Ministry
Chhattisgarh Govt grants Parsa East & Kente Basan license to mine coal
AAI: Indigo uses new satellite-based tech to land passenger aircraft
Aviation Ministry expects 100 mn passengers traffic this year
Atal Tunnel wins ‘Best Infrastructure Project’ award in New Delhi
NABARD approves five road projects for Sirmaur district
Gadkari lays foundation for 17 highway, CRIF projects in Telangana
RLDA to redevelop Delhi’s 2 stations into world-class rly station
States, UTs surpass 2022 renewable energy goal of 175 MW
E-NEXCO India rolls out E-NEXCO Eye for road network survey
Tag: budget
Smart Construction Management
The construction industry has a massive role to play in the overall economic health of our country, and yet we are losing around 10 per cent-30 per cent of it through wastage.
Post Budget Analysis | Ports
Budget allocation of Rs 600 crore for projects under Sagarmala, Rs 322.6 crore for the development of ports and Rs 508 crore for grants to the Inland Water Transport Authority of India.
Capital Goods
The mechanism proposed to buy surplus solar energy from solar pumps by the distribution utilities as well as push for deployment of solar energy under the smart city programme are encouraging for PV module manufacturers, EPC and system integrators/channel partners
Post Budget Analysis | Infrastructure
Capital outlay for the infrastructure sector up to Rs 5.97 lakh crore in FY2018v19 (up 20.8 per cent over FY2018), with major increase for segments like railways, telecommunication and affordable housing.
Post Budget Analysis | Infrastructure: Railway
Higher capital expenditure outlay for the railways (increased by 11.8 per cent from 2017v18 and 22.1 per cent from 2017v18) at Rs 1.46 lakh crore to support infrastructure projects. Of this, the budgetary allocation from the government stands at Rs 53,060 crore (up from Rs 40,000 crore in 2017v18, and marginally lower than 2017v18).
Post Budget Analysis | Aviation
The Budget has reiterated the focus on improving regional connectivity through the UDAN scheme.
The Year in Infrastructure 2017
With more than 1,500 delegates and channel partners, 130 visiting journalists from 28 countries, showcase of more than 50 projects and countless announcements and sessions, the larger-than-life expo by Bentley Systems, was an exhilarating experience.
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.
Deepak Premnarayen, President, Indian Merchants Chambers
The Budget is likely to continue its pro-poor image with a slew of concessions for agriculture, skilled labour and the rural sector, along with incentivisation to move to a digital payment economy. Employment-related incentives are likely to go up considerably.