Tag Archives: Economic Slowdown

Meltdown may hit infrastructure projects in Mumbai

The global meltdown is likely to affect infrastructure projects in the city and in the region, sooner than expected.
Several infrastructure projects in the state undertaken by the government, its corporations and civic bodies are likely to suffer due to the economic slowdown. The ones, which may be directly affected are the Built Operate and Transfer(BOT) [...]

Residential developers offering discounts

Rising property prices and increased interest rates, coupled with a demand-supply mismatch has brought down the overall affordability of residential properties in the country today forcing developers to resort to offering feebies and early bird discounts to arrest fall in sales, according to a recent report.
The economic slowdown which has mainly affected suburban and non-metro [...]

Realty Investors Take Equity Route To Offset Tax Burden

Though the realty sector has been hit by the general economic slowdown, smart property investors, who raked in the moolah when the going was good, made use of the equity markets to reduce the tax they paid on those gains.
According to tax consultants, people whose income is derived from other sources, say a salaried employee, [...]