There has been little clarity on the subject. The rates of commercial realty are coming down as a direct consequence. However, while the direct buying/selling market has witnessed sharp corrections, the rental office space business has witnessed no change.
Tag: Union Budget
Post
Post
Indian logistics saw better growth while globally there was muted demand
Big is definitely better for the warehousing services focusing on serving organised sectors. Economies of scale, cheaper land costs, more automation and higher labour utilisation are some of the key benefits.
Post
Post GST, Maharashtra will be the biggest beneficiary
To be honest, at present, it is highly impossible to share any revenue losses and it is not correct on our part to share these numbers without any ground study. Now, you have to consider a couple of factors before we come out with the figures.
Post
Budget 2016: Total outlay for roads and railways to be Rs.2,18,000 cr
Presenting the Union Budget on February 29, Finance Minister Arun Jaitley announced that the total outlay for road and rail development would add up to Rs.2,18,000 crore this fiscal.
Post
Delhi Metro gets Rs.1,007 cr for phase-III
The NDA Government has allotted Rs 1006.64 as equity for the Phase III project of Delhi metro in the Union Budget recently, reflecting a hike of 22 percent with over Rs 4,200 crore being allotted to it.
Post
Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
Post
FDI in infrastructure: Key Challenges
In addition to fuel shortage for thermal power projects, the power sector in general suffers from regulatory delays, chief of which are the land acquisition and environmental clearance issues.
Post
Duty reduction to help local telecom firms
Telecom companies pay as much as 30 per cent of revenue in the form of various taxes and levies, compared to that in neighbouring countries where it is just over 5 per cent of revenues to cover duties.
Post
DMRC gets Rs 31 bn
Union Budget 2013-14 allocated Rs 3,120 crore to the Delhi Metro Rail Corporation (DMRC) for the construction of Metro Phase III. This is higher than the Rs 2,200 crore outlay that the corporation received in 2012-13.
Post
Minister announces Rs 75 bn outer harbour project at Tuticorin port
In a move that would add 42 million tonne capacity to Tuticorin port, the union budget 2013-14 announced the Rs 7,500 crore project to set up an outer harbour. The Finance Minister P Chidambaram announced while presenting his eighth budget on February 29. The minister also said a new port will come at Andhra Pradesh. Three Southern states including Tamil Nadu, Andhra Prad