Anil Sharma, Brotin Banerjee and Getamber Anand on real estate and Union Budget 2016

The Union Budget 2016 was presented in parliament with lots of hopes and improvements’ scope in rural areas along with affordable housing schemes. Numerous land developers expressed their expectation pre-budget presentation and contentment post-budget presentation. They all agree to the point that affordable housing projects’ development may help in reviving slow realty industry.
Anil Sharma, CMD, Amrapali Group said, “The supply of affordable housing projects would go up in tier ll and tier lll cities, checking the rise in price. Industry status for the housing sector will help the developers to get bank loans at less interest rate and pass on the benefits of affordable housing to end users. By keeping interest rates below the 9% and repo rates stabilized for housing sector will help buyers to show their interest to invest in realty sector that will help to boost our GDP to double figures and fulfill the mission “Housing for All 2022“.

Other realty experts also had a say in it, like the MD and CEO of Tata Housing, Brotin Banerjee, who said “additional exemption of Rs. 50,000 for houses under Rs. 50 lakhs will help bring in first buyers to the market…We may see a lot of traction in the affordable housing space”.
Even the CREDAI president, Getamber Anand expressed his feelings on the expectations meeting reality, where he said, “It is overall a very positive budget for the real estate sector and CREDAI is certain that this will spur the market and induce the home buyer who has been waiting ever since for some special incentive to actually be able to buy a house. The Finance Minister has taken the right steps to boost housing sector and ensure that ‘Housing for All by 2022’ becomes reality.”

source: http://pressroom.today/press-release/anil-sharma-brotin-banerjee-getamber-anand-real-estate-union-budget-2016/

Dr. Anil Kumar Sharma highlights the Budget Expectations

Amrapali Group is a widely known and trusted name in the real estate sector. Under the leadership of Dr. Anil Kumar Sharma, Chairman and Managing Director, Amrapali Group, the company has established benchmarks of quality and excellence in the real estate sector. He is the mastermind behind the conceptualization of Amrapali Group. He has to his credit an M-Tech degree in Civil Engineering from IIT Kharagpur and MBA & LLB (Law) from Patna. Mr. Sharma has value experience and expertise in the field of Strategic Planning, Budgeting, Project Management and Construction Management. His interest and passion for construction & development propelled him into the realty sector.

Highlighting the budget expectation Mr. Sharma stated that, “To achieve the mission of ‘housing for all by 2022’, government need to give appropriate income tax rebate & tax sops on the purchase of the affordable home. They have to restructure the bank loans and give single window nod for realty project to avoid the approval delays. Also, in terms of promoting affordable housing the section 80 IB (10) should be reintroduced in the budget for 2016¬ 17 fiscal years. Last but not the least, Industry status for the housing sector will help the developers to get bank loans@ less interest rate and pass on the benefits of affordable housing to end users. By keeping interest rates below the 9% and repo rates stabilized for housing sector will help buyers to show their interest to invest in realty sector that will help to boost our GDP to double figures and fulfill the mission “Housing for All 2022”.

source: http://newshour.press/real-estate/dr-anil-kumar-sharma-highlights-the-budget-expectations/

AMRAPALI GROUP, A LARGEST AFFORDABLE HOME PROVIDER IN INDIA

In India, there is about 60-80 per cent of population wish to buy a home below Rs. 20-30 lakh as per cities level which arises a dire need for affordable homes below the said prices to be built for the lower segment of the society.  Amrapali Group, one of the leading realty entities highlights the affordable pricing policies which are very crucial in real estate sector for catering to the needs of each and every section of society. 

Dr. Anil Kumar Sharma, CMD, Amrapali Group stated the fact that less than 20 to 24 per cent people in our country are financially more capable to buy houses above Rs. 35-40 lakh is the biggest impediment in our country. Thus if affordable houses at a cost below Rs.25-30 lakh are made available in different cities, around 75-80 per cent people can happily afford them.

Mr. Nitin Gadkari, Central Minister of Road Transport and Highways and Shipping also said that the providing affordable house to the poorest of the poor is among the top agendas of Mr. Narendra Modi’s government along with building smart cities in across India. A house on a steel structure with 70 per cent fly ash has been constructed as an experiment which will be inaugurated on February 20. The cost of construction of the building amounted to Rs. 1000 per square feet.  Amrapali Group further highlighted that the government should not only focus on making smart cities but also develop the existing cities according to the modern-day requirements. Smart cities under PPP (public private partnership) module should also be set up by the investors with the land being offered by the government along with clearances in a transparent manner.

source:  http://blog.thevoiceofnation.com/business/amrapali-group-a-largest-affordable-home-provider-in-india/

‘The trend of sports facilities in realty projects gaining momentum’- Amrapali Group

Health and fitness activities have become one of the most crucial parts of our life. The trends of providing sports facilities in the real estate projects have witnessed a rapid growth with time. Focusing on the importance of health and fitness, various real estate developers have introduced sports facilities in their projects. The residential projects now have sports arenas within their apartment complexes having the provision for various games.

Amrapali Group, a widely known trusted name in the realty sector focuses on the importance of sports facilities in their residential projects. All projects constructing by AmrapaliGroup are embedded with various health and fitness facilities & features. The company has a tie up with various cricket academies with Mahendra Singh Dhoni as their brand ambassador.

There are several other realty entities that have come up with various sports academies like Brigade Orchards Sports Arena in Bengaluru by Brigade Group having a tie up with Steve Waugh, US Open Apartments by Nirmal Lifestyle in Mumbai with lawn tennis, badminton and baseball courts, Prestige Golfshire, a golf course based premium home development by Prestige Group in Bengaluru, Jaypee Sports City with a cricket stadium, go-karting and an international standard motor racing track in Greater Noida and the sports themed township project at Kizhakkambalam in Kerala by Asset Homes. 

There are two large integrated enclaves having premium world-class sports facilities, set up in Bengaluru by Brigade Group. The company has already inaugurated Sports Arena in the Brigade Orchards .Many more features to be added to this development this year.