Budget Reaction – Mr. Ramnik Chopra, Managing Director, Coldwell Banker India

New Delhi, Mar 04, 2015
“The Union Budget 2015-16 is quite innovative.Even though the fiscal deficit is high there are many steps to benefit our industry .Steps to avoid circulation of black money will help real estate industry to be more organised. It will also bring back talent pools to India which will grow income in the hands of our target audience. Even reduction in corporate tax will generate liquidity and measures to boost infra projects will help us greatly. This budget will also benefit the small individuals which will change the investment sentiment in the country.

The budget will not only benefit the real estate industry but will also boost the economic growth and will give momentum to all industries. Overall the budget is the one giving impetus and the economy is on a take off.The green shoots of the same can be seen around.” 
CCI Newswire