Post-Budget Reaction from Mr. Shrikant Shitole, President – CREDAI MCHI-KDU & Managing Director – Tycoons Group

New Delhi, February 01, 2022: 

1. Tycoons Group:

New Delhi, February 01, 2022:The PM Awas Yojana has allocated Rs. 48,000 crore for the housing sector. In the fiscal year 2022-23, around 80 lakh houses are expected to be built under the affordable housing scheme. This move will certainly boost the real estate and housing sector. Besides this, in the Union Budget 2022-23, we were also expecting announcements on certain schemes such as relaxation in GST on under-construction properties, pricing of key raw materials and the limit of home loan interest for tax rebate to be raised to Rs. 5 lakh from Rs. 2 lakh.” –  Mr. Shrikant Shitole, President – CREDAI MCHI-KDU & Managing Director – Tycoons Group.

Corporate Comm India (CCI Newswire)