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

Ganpati Group to invest ₹2,000 Crore in Residential and Hospitality Expansion

Mumbai, September 17, 2026: Ganpati Group, a diversified real estate and hospitality conglomerate, today announced an…

7 hours ago

India’s Rental Residential Housing Market Holds INR 7.53 Lakh Crore Demand Potential

New Delhi, September 11, 2026: Magicbricks, India's leading real estate platform, today announced the release of…

6 days ago

MRG Group Expands MRG Crown Clubhouse to 30,000 Sq. Ft., Launches Club Jewel

Mumbai, September 11, 2026 : MRG Group has expanded the clubhouse at its premium residential…

6 days ago

TERRAY REALTY LAUNCHES TO SET A NEW BENCHMARK IN REAL ESTATE MANDATES AND ADVISORY

Bengaluru, September 08, 2026: Terray Realty, a new age real estate mandate and advisory firm, has…

1 week ago

GVP Realty Unveils ₹600 Crore+ MANSION XXI, an Ultra-Luxury Sea-Facing Landmark at Bandra Bandstand

MUMBAI, September 08, 2026: As demand for landmark residences continues to reshape Mumbai's luxury real estate…

1 week ago