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industryvoices NOTHING TO OFFER

Times of India - Times Property - page 05 - part 1 - 1 March, 2012

ROHIT GERA VICE PRESIDENT, CREDAI-PUNE METRO Budget-2012 is a "NO-Show" budget for the real estate sector. Excise duty and service tax has been increased by 2%, from 10% to 12%, which is neither in favour of the construction industry nor home buyers. The selling cost will definitely increase leading to costlier homes. The Government has allowed external commercial borrowings (ECB) for low cost affordable housing projects. If it is done in a credible manner, it has the possibility of providing affordable housing. The service tax exemption on rental house is indeed a good move. Also, 1% interest rate subsidy provided for loans towards affordable housing i.e on 15 Lakh loan for Rs. 25 L worth house, will continue, which is a welcome sign. I will term this as a neutral budget. D S KULKARNI CMD, DSK DEVELOPERS Even this year's budget has nothing to offer. The increase of 2% service tax is a way of welcoming inflation. No strong steps have been put up to curtail it. The money will be saved from the tax exemption increased to 2 lacs, but increase in 2 % service tax will squeeze money from one’s pocket. So, from one hand you are getting and from other you are giving. Who is the winner? Certain decisions like improved water facilities in villages, GST implementation from August month, funds for SHG etc. are good moves, but the success will depend upon the way it is executed. When Government feels the burden of financial crunches, they levy heavy taxes on various objects which ultimately affect the common man.

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Testimonials

First of all I would like to thank  you  and the Gera team for organizing different workshops at our doorstep.
The best thing I have done to my kids is that I  took a right decision to buy a flat in Gera.
Because of this decision , Vishnu could attend  the development workshops that were conducted.
Vishnu was a shy child who didn't like to participate in any of the programmes.
As far as Dale Carnegie workshops is concerned   it  has given him a lot of confidence and was presenting things in a much better way and I can see a lot of improvement in him.In simple words u made a person(..

My son Tattva had been enrolled in the intermediate level and has been coached by the Vishwanathan Anand Chess Academy coach . Tattva has made remarkable strides and will be on his way to get his FIDE rating in November. A lot of credit goes to the mentor for his unique way of handling his students. He has been very patient while working with Tattva on his areas of improvement. In addition before the tournament the coach had voluntarily added additional classes and doubled his efforts to get a better performance out of Tattva. He has shown complete ownership which is commendable. I hope he continues to develop more and more chess players in the coming days.

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It's a wonderful experience with the tennis academy and my daughter liked it. Also she is getting good training and love for the game.
The coaches are good and we would continue using their expertise for Nishita going onwards. We are also looking forward for signing (actually instrument) and dancing coaching too.

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This is to share with you that both my little girls (Aditi Anisha) are really enjoying their Tennis classes at the Mahesh Bhupathi Tennis Academy.
I always find them very excited whenever there is TENNIS CLASS, and this excitement matters to both of us, as the kids seems to be interested.
It’s nice to see them constructively engaged, and coming home happy and having felt productive in their own child little way. It’s a great way for them to bond with other young ones and feel belonged to a larger community.
Thanks to You, Gera Developments and MBTA for giving our young ones, an opportunity for a wonderful learning experience.
Now they are looking forwar..

Regarding the workshops & different academy sessions, it has been wonderful experience so far for Shlok and we’re looking forward for the new opportunities.
It’s absolutely fantastic to have all these academies in the premises, and that too from the renowned personalities, so we can send kids without worrying about other factors like safety & all.
And most importantly, a big thanks to you for the lovely follow-ups & timely updates about the upcoming/ongoing sessions.

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