Union Budget 2022-23: Indirect stimulus for key asset classes
3 years, 1 month ago

Union Budget 2022-23: Indirect stimulus for key asset classes

The Hindu  

The Government’s Union Budget is welcomed by the real estate fraternity. With a strong focus on affordable housing sector and infrastructure development, the Union Budget 2022-23 announcements seem enabling and futuristic. There were few citations during the Union Budget announcement which provide indirect stimulus for all the key real estate asset classes — commercial, residential and warehousing. The heightened and continued focus on the affordable housing sector will help revive the construction and allied industry related to the real estate sector. Level playing field With an aim to reduce the burden on the Cooperative societies, the Union Budget has proposed to reduce the Alternative Minimum Tax from 18.5% to 15%.

Finance Housing Development Tax Urban Infrastructure Budget Focus Union Infrastructure Development Cooperative Societies Ports Sector Affordable Gati Shakti Union Budget Pm Gati Shakti Budget 2022 Indirect Stimulus  indirect  stimulus  asset  budget  tax  housing  key  union  classes  202223  focus  development  urban  infrastructure  sector  affordable

History of this topic

Union Budget 2025: Real estate’s direct and indirect benefits
1 month, 1 week ago

Union Budget 2025: Real estate’s direct and indirect benefits

The Hindu  

The Union Budget, which focused on economic expansion, infrastructure development, MSMEs, futuristic cities, and middle-class welfare, has brought substantial relief for the middle class. Tax benefits for residential property investors: Investors can now claim Nil valuation for two self-occupied properties, instead of just one — a positive move for residential real estate investment. This step minimises tax pressures, promotes homeownership, …

Budget 2025: Good News for Homebuyers – Discover the Benefits
1 month, 1 week ago

Budget 2025: Good News for Homebuyers – Discover the Benefits

The Hindu  

The Union Budget 2025 has emerged as a game changer for home buyers, with numerous tax breaks and incentives. The Impact of Tax Cuts on Home Loan Eligibility: Budget 2025 The revised income tax slabs and reduced tax rates could enable individuals to save as much as Rs 10,000 monthly, depending upon their income level. Considering a home loan with …

How Union Budget 2025 could be a ‘game changer’ for Bengaluru's property market
1 month, 2 weeks ago

How Union Budget 2025 could be a ‘game changer’ for Bengaluru's property market

Hindustan Times  

Union Budget 2025 is likely to prove a 'game changer' for Bengaluru's real estate market, which will witness significant growth due to the measures announced by Finance Minister Nirmala Sitharaman. According to industry leaders in Bengaluru, this year's budget focuses on infrastructure development and urban rejuvenation which will boost the real estate market in the city. Union Budget 2025 LIVE: …

Real Estate Sector's Expectations from Budget 2025
1 month, 2 weeks ago

Real Estate Sector's Expectations from Budget 2025

Hindustan Times  

Finance Minister Nirmala Sitharaman will present Budget 2025 today, and the real estate sector anticipates a strong focus on affordable and middle-income housing. Industry stakeholders are seeking an expanded definition of affordable housing, tax benefits for homebuyers to boost affordability, and incentives for developers to drive the construction of budget-friendly homes. The real estate sector hopes that Budget 2025 will …

Union Budget 2025: Real estate sector seeks enhancement of monetary limit for affordable housing, tax sops from FM
1 month, 2 weeks ago

Union Budget 2025: Real estate sector seeks enhancement of monetary limit for affordable housing, tax sops from FM

Hindustan Times  

The real estate sector is seeking an enhancement of the monetary limit of affordable housing from the current ₹45 lakh to at least ₹75 lakh to a crore, a reinstatement of the tax deduction for affordable housing projects and rationalising input credits to developers under GST that would help reduce project costs and potentially lower property prices for buyers, Grant …

Budget 2025: 4 key expectations by industry leaders to benefit Real Estate sector
1 month, 2 weeks ago

Budget 2025: 4 key expectations by industry leaders to benefit Real Estate sector

Live Mint  

Budget 2025: As the finance Minister tables the budget on 1st February, 2025 the expectations are building by the real Estate Industry too. The upcoming budget presents an opportunity to move the real estate sector towards growth and resilience, said experts Amid declining real estate activity in the second half of CY 2024, the sector anticipates government measures to revive …

Union Budget 2025: Top 10 moves that could benefit every middle-class homebuyer
1 month, 3 weeks ago

Union Budget 2025: Top 10 moves that could benefit every middle-class homebuyer

Live Mint  

Union Budget 2025: Ahead of Finance Minister Nirmala Sitharaman's presentation of Budget 2025 on February 1, India's real estate industry holds several expectations that could drive growth and benefit homebuyers. Follow Live Updates | Union Budget 2025 Expectations Live Updates: Finance Minister Nirmala Sitharaman's 8th speech highly anticipated Union Budget 2025: Top 10 moves that could benefit every middle-class homebuyer …

Union Budget 2025: High hopes as dark clouds loom over economy
2 months ago

Union Budget 2025: High hopes as dark clouds loom over economy

India Today  

Finance Minister Nirmala Sitharaman is set to present the Union Budget on February 1. We also expect the home loan interest exemption to be increased to Rs 8 lakh annually to support first-time buyers, while Section 80C should either exclusively cover housing loan principal deductions or have its limit raised to Rs 5 lakh.” REAL ESTATE AWAITS RELIEF The real …

Debt And Equity Financing In Real Estate Post-Budget: What Investors Need To Know
7 months, 2 weeks ago

Debt And Equity Financing In Real Estate Post-Budget: What Investors Need To Know

ABP News  

By Sanjeev Bhandari The Union Budget 2024 introduced several measures aimed at boosting the real estate sector, focusing on both debt and equity financing mechanisms. Broader Real Estate Sector Impacts The comprehensive measures introduced in Budget 2024 reflect a holistic approach to the development of the real estate sector. The Union Budget 2024 has introduced significant changes that are set …

Union Budget: What to expect for the real estate sector
7 months, 3 weeks ago

Union Budget: What to expect for the real estate sector

Firstpost  

This year’s budget may introduce significant reforms affecting affordable housing, GST structure and infrastructure development within the real estate sector As the Union Budget 2024-25 approaches, there is anticipation within the Indian real estate sector regarding potential policy changes. Enhancements to the Credit-Linked Subsidy Scheme under the Pradhan Mantri Awas Yojana and potential new loan schemes could also influence housing …

Union Budget 2024: Real estate’s wishlist
8 months, 2 weeks ago

Union Budget 2024: Real estate’s wishlist

The Hindu  

The Indian real estate sector is a crucible of economic growth and employment. To generate more growth and address the housing needs of a growing population, particularly in the low and mid-income segments, the Budget must include tax breaks, regulatory reforms, and financial assistance measures. Affordable and mid-income housing is the foundation of the real estate industry, meeting the urgent …

Real Estate Budget 2024: 8 things the sector expects from the Finance Minister
1 year, 1 month ago

Real Estate Budget 2024: 8 things the sector expects from the Finance Minister

Hindustan Times  

Budget 2024 will be presented by Finance Minister Nirmala Sitharaman today. The real estate sector has sought an expansion of the definition of affordable housing, industry status for the real estate sector, tax sops for homebuyers as well as developers, increase in exemption on principal amount as well as the interest paid on home loans, and greater retail engagement in …

Union Budget 2023: Why real estate sector needs more incentives
2 years, 1 month ago

Union Budget 2023: Why real estate sector needs more incentives

India Today  

The rising construction costs and a hike in the repo rate in 2022 did not dampen consumer sentiments related to the real estate sector. However, the country's real estate sector has been facing a number of challenges in recent years, including a slowdown in demand, a lack of liquidity, and a lack of affordable housing. Boosting Green Building Technology The …

What’s in store for real estate in the upcoming Union Budget 2023?
2 years, 1 month ago

What’s in store for real estate in the upcoming Union Budget 2023?

India TV News  

Budget 2023: The real estate sector has always been constantly on the brink of making new developments to meet the trending lifestyle changes, demands and needs of the people. BUDGET 2023: FULL COVERAGE Yet, there are some imbalances in the real estate that need a real fixing going forward. According to the Indian Market Monitor 2022, the cash flow in …

Union Budget 2023-24: Insights from a real estate sector perspective
2 years, 1 month ago

Union Budget 2023-24: Insights from a real estate sector perspective

Firstpost  

Are you consumed by thoughts of the upcoming Budget? To give you that perspective, here are some overarching themes from the recent past that are worth noting ahead of the upcoming Budget Four quadrants central to Budget Living up to its focus on Sabka Saath, Sabka Vikas, the Indian Government has continued to allocate significant resources to and focus on …

Union Budget 2023-24: What real estate sector expects from Finance Minister this year
2 years, 1 month ago

Union Budget 2023-24: What real estate sector expects from Finance Minister this year

Firstpost  

The growth of every industry in a nation is dependent on its Budget. Just like every other industry in the country, the real estate sector has its own wishlist for the Union Budget 2023-24. The Indian real estate industry’s market size was valued at Rs $120 billion in 2017 and is expected to touch $1 trillion by 2030, according to …

Budget 2022 did little for Indian housing
3 years, 1 month ago

Budget 2022 did little for Indian housing

The Hindu  

As the stock markets turn somersaults and throw people’s investment portfolios into complete disarray, one asset class continues to be reliable and predictable. Even if it still seems like a distant possibility, ‘Housing for All’ is nevertheless a promise which speaks directly to the heart of every Indian. Give industry status to the entire housing sector so that developers can …

Union Budget 2022-23: Government reduces spending on welfare, sticks to conservative fiscal stance
3 years, 1 month ago

Union Budget 2022-23: Government reduces spending on welfare, sticks to conservative fiscal stance

The Hindu  

Even in normal times, government budgets are expected to be well-conceived exercises that aim to mobilise additional resources and deploy them in ways that advance immediate objectives without harming longer term growth prospects. Finally, although the pandemic is still ongoing, the demand for grants of the Ministry of Health and Family Welfare shows that total spending in this crucial area, …

Budget 2022: Glad tidings for realty with continued focus on additional allocation
3 years, 1 month ago

Budget 2022: Glad tidings for realty with continued focus on additional allocation

Firstpost  

Union Budget 2022-23: Slew of reforms from both the demand and supply sides would have further strengthened the success of the initiative The real estate sector has seen a healthy revival in 2021, led by the ebbing effects of COVID-19 as well as measures adopted, such as stamp duty cuts, low-interest rates, and the push for affordable homes. The Budget …

How Union Budget 2022 is as practical an exercise as it is visionary
3 years, 1 month ago

How Union Budget 2022 is as practical an exercise as it is visionary

Firstpost  

Union Budget 2022-23: This Budget sets out a vision, this one being for India in 2047. It is a direction this government has followed since May 2014 Every time there is a Budget, questions are asked about what the Budget has for the common man, or common woman. Article 112 of the Constitution requires an annual financial statement to be …

Homebuyers, realtors get rare mention in Union Budget address
3 years, 1 month ago

Homebuyers, realtors get rare mention in Union Budget address

India Today  

The real estate market, which has been facing a slump for nearly a decade, didn't receive much attention in the Union Budget, presented by Finance Minister Nirmala Sitaraman on Tuesday. The entire sector witnessed a downfall due to delayed possessions and a number of builders cheating home buyers without any fear of law or government intervention," said Abhishek Kumar, president …

Union Budget 2022-23 seeks to lay foundation for India's growth over next 25 years, says Nirmala Sitharaman
3 years, 1 month ago

Union Budget 2022-23 seeks to lay foundation for India's growth over next 25 years, says Nirmala Sitharaman

Firstpost  

The finance minister said the government’s focus will continue on boosting public investment to modernise infrastructure New Delhi: Union Budget 2022-23 will lay the foundation for India’s economic growth and expansion for the next 25 years, Finance Minister Nirmala Sitharaman said while presenting the budget in the Lok Sabha on Tuesday. “This Union Budget seeks to lay the foundation and …

Union Budget 2022: All you need to know
3 years, 1 month ago

Union Budget 2022: All you need to know

Live Mint  

As Union Finance Minister Nirmala Sitharaman is scheduled to present her fourth Union Budget for the next financial year tomorrow, all eyes would be on how the Centre balances out populist measures while walking the tightrope of fiscal consolidation. After getting the nod from the cabinet, Finance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in a paperless form …

Budget 2022: Date, Time, Key Things to Watch Out For
3 years, 1 month ago

Budget 2022: Date, Time, Key Things to Watch Out For

News 18  

Union Budget 2022: Since decades, the central government holds a budget session in the Parliament where a host of decisions regarding the country’s economic growth, and its economy in general, is taken. Here is Everything You Need to Know About Union Budget 2022 Budget 2022 Date and Time The Union Budget will be presented on February 1, Tuesday by the …

Union Budget 2022-23: All key financial terms explained for you
3 years, 1 month ago

Union Budget 2022-23: All key financial terms explained for you

India Today  

Union Budget 2022-23 is all set to be presented by Finance Minister Nirmala Sitharaman on February 1. During the budget speech, the finance minister is expected to make several announcements and speak about financial indicators like inflation, fiscal deficit, capital expenditure, revenue receipts, bad loans and more. Fiscal Deficit Fiscal deficit means when a government's total expenditure exceeds total revenue, …

Union Budget 2022-23: What real estate sector, homebuyers expect from govt
3 years, 1 month ago

Union Budget 2022-23: What real estate sector, homebuyers expect from govt

India Today  

The real estate sector has a host of expectations from the government as Finance Minister Nirmala Sitharaman gets ready to announce the Union Budget 2022-23. TAX RELIEF ON HOME LOANS This year the real estate sector wants the government to go beyond the usual expectation of single-window clearance and industry status. There is a specific need for income tax relief …

Highlights of Union Budget 2020-21
5 years, 1 month ago

Highlights of Union Budget 2020-21

The Hindu  

Presenting the Union Budget for 2020-21, Finance Minister Nirmala Sitharaman said, “In May 2019, Prime Minister Narendra Modi received a massive mandate to form the government again. Agriculture: A budget allocation of ₹2.83 lakh crore for the sector comprising agriculture and allied activities. Degree-level full fledged online education programmes by institutions ranked in top 100 in NIRF rankings, especially to …

Budget 2017: Experts hail infrastructure status to affordable housing
8 years, 1 month ago

Budget 2017: Experts hail infrastructure status to affordable housing

Firstpost  

Experts believe it will provide ample push for the sector as developers will now be able to get access to preferential and lower borrowing rates from banks Mumbai: Hailing the government’s decision to grant infrastructure status to affordable housing segment, experts believe it will provide ample push for the sector as developers will now be able to get access to …

What to expect from Union Budget 2017
8 years, 2 months ago

What to expect from Union Budget 2017

Hindustan Times  

Business will begin early for the Parliament next year. With the winter session proving a washout, and the deadline for the Goods and Services Tax looming, the government could convene the budget session of Parliament as early as the second week of January. The government needs to address this and the budget is a good platform to do so I …

Union Budget 2017 on 1 Feb: End of a colonial hangover for speedy implementation of schemes
8 years, 4 months ago

Union Budget 2017 on 1 Feb: End of a colonial hangover for speedy implementation of schemes

Firstpost  

Departing from the colonial-era tradition of presenting the Union Budget on the last working day of February, the government on Tuesday finally announced that it will now be presented on 1 February Departing from the colonial-era tradition of presenting the Union Budget on the last working day of February, the government on Tuesday finally announced that it will now be …

How Union Budget 2015 affects real estate sector - IndiaTV News
10 years ago

How Union Budget 2015 affects real estate sector - IndiaTV News

India TV News  

New Delhi: Union Budget 2015 is at hand and as always, every Indian will be waiting to see what it holds in store for them. The property sector in particular is very sensitive to the annual budget, because it has a direct impact on how the common man perceives the viability of purchasing a home. More disposable income increases investment …

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