Politics

Indian Affairs Most Valuable Real Estate Developer 2016

Indian Affairs Most Valuable Real Estate Developer 2016

A home is a dream to the rising indian middle class who are still finding out hard to own a dream home though the scenario now is changing with the real estate market set to boom post the Union Budget announcements. India Leadership Conclave 2016 looked at some key players & their offerings, projects & performances & selected top six names out of 350 names that went for nominations. At India Leadership Conclave, our effort is very clear, not big or small, we go by customer expectations & value for money. In the year 2015, Indian real estate sector witnessed regulatory changes that included relaxing of foreign direct investment laws and the Union Cabinet approving the much awaited Real Estate Bill. There are mixed reactions from realty experts on the regulatory changes for the real estate sector, but broadly everyone sees it as a positive move for the sluggish real estate sector. Realty experts believe that the year 2016 will begin on a positive note for the sector and may witness a pick up in sales with an improvement in the number of unsold inventories & the year 2016 could witness a more balanced demand-supply equation that should bring down unsold inventories across major cities to a more sustainable level. Price growth could remain subdued. It is widely believed that Most property markets are expected to see turnaround and start pricing in a volume recovery in second half of 2016. To the relief to the middle class, Union Budget 2016 has allowed 100% deduction on profits to companies which construct apartments measuring up to 30 square metros in four metro cities and 60 sq m in other cities. It means that any realty company which constructs housing units in the above-mentioned category will not have to pay any tax on profits it incurs from housing projects.

Indian Affairs Most Valuable Real Estate Developer 2016

And the Nominees are

1.Kalpataru Group.(Code 115) 
2. Oberoi Realty. (Code 116) 
3. DB Realty. (Code 117) 
4. Omkar Realtors & Developers. (Code 118) 
5. SNN Builders. (Code 119) 
6. Ozone Group. (Code 120)

Indian Affairs Most Valuable Real Estate Developer 2016

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