The government has relaxed the norms for allowing foreign direct investment (FDI) in the construction development sector. It is expected the move will boost affordable housing projects and smart cities across the country.
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
Welcome to the era of too many investors chasing a limited number of commercial real estate deals.
Of the 300 operational malls in the country, just 5-7 per cent, or about 20 malls, are doing well, suggest analysts reports.
Most expect the Budget to be path-breaking.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
Stocks to watch: BHEL, L&T, IRB Infra and Suzlon
Tax incentives to have cascading effect on the capital goods industry.
An exercise to rationalise coal linkages which will optimize transport of coal and reduce cost of power is underway.
Boost to dairy sector will generate jobs
Indian economy about to take-off
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances