Budget Quote from Dr. Niranjan Hiranandani is National President, Naredco and Co-Founder & MD, Hiranandani Group

“Hon’ble Minister Shri Piyush Goyal delivers budget proposals which are good for the economy and real estate,”: Dr. Niranjan Hiranandani

“After positive budget, Home seekers look forward to GOM recommendations on GST in real estate,”: Dr. Niranjan Hiranandani

“Affordable Housing gets another boost with year’s extension of Section 80-IBA of the Income Tax Act,”: Dr. Niranjan Hiranandani

Mumbai, February 01, 2019: “We should see affordable housing get a boost as a result of positives mentioned by the Hon’ble Minister Shri Piyush Goyal in his budget speech. Top of the list would be extension by a year of Section 80-IBA of the Income Tax Act, this will play a major role in helping achieve the target of ‘Housing for All by 2022’, and will incentivize the real estate industry to make more homes available under affordable housing, given that housing projects approved till 31st March, 2020 will be eligible for this incentive.”

~ Dr. Niranjan Hiranandani is co-Founder and MD, Hiranandani Group. His newest venture is Hiranandani Communities. He is President (Nation), National Real Estate Development Council (NAREDCO), which works under the aegis of Ministry of Housing & Urban Affairs, Government of India.

Corporate Comm India(CCI Newswire)