Sachin Agarwal, CMD - Maple Shelters:
The
budget has reduced the FDI norms for minimum built-up area for affordable
housing. Additionally, Rs. 4000 crore have been allocated towards the creation
of low-cost housing. This is extremely promising for the affordable housing
sector and we will see an increase in housing development for the
under-privileged in the peripheral areas of cities like Pune.
 |
Sachin Agarwal, CMD - Maple Shelters |
The relief provided on individual income tax
and interest on housing loans is very significant for the bduegt homes sector,
since these measures have greatest pertinence to the more financially sensitive
home buyers. I am happy with this budget, in which the Financial Minister has
shown great foresight and set the path for economic revival.
No comments:
Post a Comment