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    • Budget Quotes

    Budget glass is ‘half full’ – Lalit Kumar Jain, CREDAI Chairman

    Mumbai : Describing Union Finance Minister’s Arun Jaitley’s maiden budget as “half glass full” and half filled with hopes, realtors’ apex body CREDAI Chairman Lalit Kumar Jain said it met with some expectations and left some out. Mr. Jain welcomed the announcements on REIT and FDI and said the subsidized rate of interest for low […]

    Budget Quotes

    Budget reaction quote on 10,000 crore funding in Startup business by Intellecap

    “The INR 10,000 crore corpus for startups can add significant fuel the startup ecosystem if implemented intelligently. It could also present a good evolution beyond the INR 5000 crore fund that was announced by the National Innovation Council in 2012-13. While some may argue that INR 10,000 crore is not a sizable corpus compared to […]

    Budget Quotes

    Quote of Mr. Sanjeeva Shivesh, CEO and Founder, The Entrepreneurship School, TES

    “This Budget is comprehensive and has touched most of the sectors and segments of the economy. The Entrepreneurship School is delighted with the FM’s announcement to allocate Rs 10000 for startup fund.  Providing risk capital to startups was long overdue and this initiative has the potential to kick start entrepreneurial revolution in India. However, the […]

    Budget Quotes

    Mr. Prashant Solomon, Managing Director, Chintels India and Member- Governing Council, CREDAI-NCR

    “I congratulate the Finance Minister on a positive union budget. With various announcements for the realty sector regarding development of smart cities and industrial towns, the budget will boost the growth of the sector. REITs will ensure easy flow of FDI and raising funds for developers. Special announcement for SEZ and tax rebate on housing […]

    Budget Quotes

    Mr. Mohit Goel, CEO, Omaxe Ltd., India’s leading Real Estate Developer

    “I welcome the overall Budget and the government’s endeavor to create an outline for reviving all sectors. A growing economy will in turn boost the real estate sector also. The Union Budget’s positive initiatives to revive the sector like relaxation in FDI, REITs and allocation of Rs 7060 crore for 100 smart cities development are […]

    Budget Quotes

    Mr. Rajiv Mohan, Managing Director, Cherry Hill Interiors Ltd

    “ On a Marco an micro level, the Budget appears positive and prudent. Specifically, welcome Finance Minister’s statements that GST has been debated enough, now need implementation. Finance Minister went into the detailing and duly understood Industry needs around reforms in tax structure, keeping fiscal deficit under control, improving measures around manufacturing and taking steps […]

    Budget Quotes

    Mr. Santosh Verma, Director, My Eco Energy.

    ‘We are happy that the new government has emphasised on providing solutions for  the growing concern of  energy independence of our nation. We are extremely pleased with the initiative towards incorporating green energies as a policy shift after the suggested 5% blending in the railways and a Rs. 500 crore sanction towards solar energy that […]

    Budget Quotes

    Union Budget 2014-15 – Industry Reaction from AMW Motors Ltd.

    Mr. Anirudh Bhuwalka, MD and CEO, AMW Motors Ltd. “This is a very pragmatic budget with the Finance Minister addressing several issues to invigorate growth related to housing, infrastructure, manufacturing and the finance sector. The increase in FDI limits on insurance and defence, while expected, is a welcome step. The FM’s commitment to 4.5% fiscal […]

    Budget Quotes

    Post-budget quote from Mr Anil Kumar Sharma, President, CREDAI-NCR

    The budget for 2014-15 has given quite a few incentives for the real estate sector despite the fiscal constraints. The rebate on interest paid on home loans has been raised by 50,000 rupees to two lakhs rupees per annum while exemption under section 80C has also been raised to 1.5 lakh rupees from one lakh […]

    Budget Quotes

    Mr. Sandeep Sabharwal, CEO, SLCM Group

    “It is a good initiative on part of the government. The allocation reflects that the Govt.  is understanding and addressing the issues in the agri markets, the marked shift is in the word scientific , wherein earlier the talk was only of infrastructure  but now we see the emphasis is on scientific which encompasses both management […]

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