Categories: Budget

Budget reaction from Arvind Subramanian, CEO, Mahindra Happinest (Affordable housing arm)

New Delhi, July 06, 2019: ‘The budget provides commendable impetus to affordable housing, both in rural and urban India.  Increased interest deduction of Rs 3.5 lakhs for housing loans availed until March 2020 on affordable homes costing up to Rs. 45 lakhs will boost residential sales and improve affordability.  Focus on road infrastructure, the model tenancy code aimed at streamlining the Indian rental market and the proposal to make government land available for affordable housing development will create an enabling environment for accelerated growth in residential real estate in India.’

Corporate Comm India (CCI Newswire)

The Property Times News Bureau

Recent Posts

The Rise of Premium Luxury Residences: How NCR is Setting New Standards

New Delhi, November 21, 2024: Over the years, Delhi-NCR has emerged as a hotspot for…

8 hours ago

3A Composites’ Flagship BrandALUCOBOND Launches a Premium Product ‘ALUCODUAL®’

~ The Company strengthens the product portfolio with the launch of innovative & ‘Made in…

8 hours ago

Government Policies and Housing Premiums Under Spotlight in latest Mumbai Realty Report

- NAREDCO Maharashtra and 1 Finance Unveils Comprehensive Study on Mumbai's Real Estate Landscape -…

1 day ago

Onward Workspaces Expands with leasing 18,000 Sq. Ft. Premium Facility at Emaar Capital in Gurgaon, Catering to Global Enterprise

The announcement marks a major step in offering Flexible Grade-A Office Solutions for Modern Businesses…

1 day ago

Studio Apartments: Smart Investment Choice for Buyers

Considered as hot investment opportunity for the real estate enthusiasts, Studio apartments present several advantages…

3 days ago

Rethinking Urban Spaces: The Role of Mixed-Use Developments in City Planning

New Delhi, November 18, 2024: As Indian cities grapple with rapid urbanization, evolving lifestyles, and…

3 days ago