Post Budget Reaction Quote from Mr. Avneesh Sood, Director Eros Group

New Delhi, February 02, 2022: We are excited that the Government has taken note of the Big private investment in infrastructure guided by Gati Shakti. The government’s decision to work closely with financial institutions to expand access to capital and reduce the cost of intermediaries to promote affordable housing for the weaker sections of the society is a positive move. It is also a positive sign that the government is focusing on urban development and the decision to infuse Rs 48, 000 crore for PM Awas Yojana is an exceptional move that will boost the affordable housing segment and help to achieve the Prime Minister’s vision of Housing for All. The proposal to extend 60,000 crores for providing access to tap water to 3.8 crore households and 80 lakh households for the affordable housing scheme is laudable and it shows that the government is serious about the recovery of the real estate sector which is affected heavily due to COVID-19 Pandemic.

Corporate Comm India (CCI Newswire)