Budget reaction from Rakesh Yadav, CMD, Antriksh India Group

New Delhi, July 06, 2019: “I congratulate Finance Minister Nirmala Sitharaman for delivering a growth-oriented budget. The budget has succeeded to address the needs of the common man by extending fiscal benefits for housing. The annoucnement of additional deduction of Rs 1.5 Lakh enhanced interested deduction up to Rs 3.5 lakh for loans taken to buy affordable house under Rs 45 is a very good steps. As well as under PMAY-Gramin, 1.95 crore houses to eligible beneficiaries and 100 lakh core for inftra also boost the real estate sector. These all steps will boost the deman of real estate sector and it will also spoort the home byers. I hope, after the budget real estate and construction sector to grow significantly in light of the changes.  The series of sops for both buyers and developers should help perk up sentiment in the sector that has been going through a sluggish phase.”

Corporate Comm India (CCI Newswire)