Shashank Paranjape, managing director of Paranjape Schemes (Construction) Ltd, praised the Union Budget 2025, stating that the transformative steps for the real estate sector will attract investments and create more sustainable, future-ready urban spaces.
Union Budget 2025MsmesStartupsReal EstateUrban InfrastructureReal Estate PuneFeb 02, 2025
The Union Budget 2025 introduced a new classification for MSMEs, raising the investment and turnover limits by 2.5 and 2 times, respectively. It also increased the loan limit and guarantees for micro and small enterprises from ₹5 crore to ₹10 crore.
The budget extends the incorporation period for startups by an additional five years, now valid until 2030, and proposes a new Fund of Funds Scheme (FFS) with a ₹10,000 crore corpus to spur venture capital investments in early-stage ventures.
The budget announced an Urban Challenge Fund worth ₹1 lakh crore, designed to transform cities into growth hubs by promoting creative redevelopment, enhancing water and sanitation, and modernizing urban spaces.
The budget introduces measures to attract investments and create more sustainable, future-ready urban spaces, aiming to strengthen city infrastructure and enhance real estate value.
Some industry leaders, like Girish Lakhotiya, expressed concerns about the sustainability of fiscal policies, particularly the forgone revenue from raising the tax exemption limit for middle-income earners.
Noida and Greater Noida, once known for affordable and mid-segment properties, have emerged as hotspots for premium real estate over the past five years.
The recent Union Budget 2024 has proposed the removal of indexation benefits, potentially increasing tax burdens and causing market slowdowns in the Indian real estate sector.
Reliance Infrastructure, a leading conglomerate in India, has announced a significant investment of Rs 10,000 crore in a defence project in Maharashtra, marking a major step in the company's diversification strategy.
The CEO of KKR India, a leading private equity firm, has recently made headlines by acquiring a luxurious apartment in Mumbai for an impressive Rs 880 million. This significant purchase not only highlights the robust real estate market in the city but als
Paradigm Realty, a leading name in Mumbai's luxury real estate sector, has successfully launched two premium residential projects in Bandra West, setting a topline of Rs 850 crore.
This article delves into the proposed regulatory changes aimed at addressing the challenges in real estate insolvency proceedings under the current framework.