Sat, Apr 19, 2014
A A A
Welcome hendrik.absolut
RSS

Real Estate Briefing - Categorized | Market Moves, Research more

Budget 2012: Realty sector feels let down; sees jump in input costs

Posted on 19 March 2012

The country’s real estate sector had hopes riding high on this year’s budget. However, the measures taken by the finance minister have dampened their spirits. “There is very little in the budget this year for the real estate industry. Other than allowing for External Commercial Borrowing (ECB) in affordable housing, there is nothing that the budget has to offer for the sector,” said Ravindra Pai, MD, Century Real Estate.
While the main respite for the sector comes in the form of sops provided towards affordable projects, the industry was left wanting for more. By allowing ECB for low cost housing, availability of capital in the sector has eased………………………………………..Full Article: Source


 Article link

This post was written by:

Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930