Mid-size housing projects set to gain most from GST rationalisation, says Amit Mamgain

Mid-size housing projects set to gain most from GST rationalisation, says Amit Mamgain

The recent GST rate rationalisation on cement and key construction materials is expected to bring the biggest benefits to mid-size housing projects, according to Amit Mamgain, Director at Yugen Infra. He notes that lower tax burdens will ease budgeting pressures for developers, enhance cash flows, and boost buyer confidence—particularly in metro markets. While affordable housing … Read more

Brokerages see up to 29% upside in Adani Ports post Q2 results

Brokerages see up to 29% upside in Adani Ports post Q2 results

Brokerages retained their bullish view on Adani Ports and Special Economic Zone (APSEZ) after the company on Tuesday posted a 31.57 per cent growth in its consolidated profit to Rs 1,393.69 crore for the second quarter ended on September 30. It had reported a profit of Rs 1,059.20 crore for the corresponding quarter last year. … Read more