Categories: Budget

The effect of the union budget 2018 on the real estate sector by Shrinivas Rao, CEO-APAC, Vestian

New Delhi, February 03, 2018: Mr. Shrinivas Rao, CEO-APAC, Vestian – “The Union Budget 2018 held many expectations, primarily owing to the testing phase that the economy underwent in the past year. While the realty fraternity harboured hopes of relief measures such as lower taxes, rationalisation of the GST rates and infrastructure status, the budget decided to focus on strengthening agriculture and rural economy, providing healthcare to economically less privileged, care for senior citizens, infrastructure creation and working with the states to provide more resources for imparting quality education in the country. This budget, thus, is a measure aimed towards improving the rural sector, that forms 66.86% of the country’s population, which in turn shall work towards creating an equal economy in the country.”

Corporate Comm India(CCI Newswire)

Recent Posts

Line Investments & Property SP LLC Triumphs with 21Awards at MECS+R MENA 2024

Riyadh, November 07, 2024: Line Investments & Property SP LLC, a prominent subsidiary of LuLu…

3 hours ago

Intellion Offices by Tata Realty & Infrastructure Ltd Posts 60% YoY Growth in GCC Absorption

First half of FY 25 continued with strong GCC demand with 80% contribution in space…

3 hours ago

Champion REIT Recognised as ‘GRESB Global Listed Sector Leader’

- Sustainability Leadership Shines in 'GRESB Real Estate Assessment' and 'GRESB x HERA Standing Investment…

22 hours ago

GCCA India joins hands with Xynteo’s Build Ahead coalition to decarbonise India’s construction sector

Mumbai, November 06, 2024: The Global Cement & Concrete Association (GCCA) India and Xynteo announced…

22 hours ago

Sohna emerges as new micro-market in Delhi-NCR; set to add 16000+ residential units in 3 years

New Delhi, November 05, 2024: Haryana’s Sohna is emerging as a new micro-market in the…

2 days ago

Neo Developers Pvt Ltd. Appoints Manpreet Kaur as President – Sales

New Delhi, November 04, 2024: Neo Developers, a leading real estate company has announced the…

3 days ago