Tag: Anuj Puri

Budget 2013 to Boost Housing Demand in Tier-2 Cities

Budget 2013 will improve the housing demand in the tier-2 cities, says Anuj Puri. With a deduction on loans up to Rs.25 lakh for the first-time-home buyers, the demand in the metros would not be affected, he added. As against the sky reaching expectations of the real estate players and the developers, many of the […]

Realty Plus Excellence Awards to Real Estate Sector.

Realty plus Excellence Awards 2012 series for the northern region of India will be on March 21. The awards for South India and West India were given away on March 2 and March 9, respectively. Anuj Puri, Chairman and Country Head, Jones Lang LaSalle India, is the Jury Chairman for this year’s awards. The Realty […]

Real Estate Sector is disappointed.

Real estate players were disappointed with the Budget saying it failed to highlight the role of the housing sector in the economy. The Union Budget 2012-13 on Friday proposed allowing external commercial borrowing for low cost affordable housing projects. Presenting the Budget in the Lok Sabha, the Finance Minister, Mr Pranabh Mukherjee, also proposed setting […]

Buying or building of a house will cost more as per the Union Budget 2012-13.

Realty players said that purchase or construction of a house would now cost more due to expected rise in prices of key raw materials cement and steel and a hike in service tax by 2 per cent.Barring low-cost housing, property prices are expected to rise in the coming days after the proposed hike in service tax from […]

Omaxe To Invest Rs 8000 Crore To Build 10 Lakh Low-Cost Houses

After low-cost airlines, budget hotels, cheap cell phones, low-cost computers et al, it’s now time for branded low-cost houses. Delhi-based real estate major Omaxe is planning to invest Rs 8,000 crore in next five years in affordable housing projects. The company has floated a subsidiary National Affordable Housing and Infrastructure which will be building the […]