Categories: Budget

pre-budget expectations from Mr. Varun Manian, MD, Radiance Realty Developers LTD.

New Delhi, July 05, 2019: “The Real Estate and Infrastructure sector is one of the predominant growth drivers of our GDP and the sectors offers huge employment opportunities. Currently, we are far from making home ownership a reality for the vast majority of the hard-working Indian middle-class and at the same time developers are burdened with slow sales and unsold inventory. We believe that this time, the union budget would have a positive impact on the sector with some measures to re-energise the sector, including; simplified and unified GST where buyers benefit,  allowing PSU banks to extend credit to developers on merit (removing real estate from red list), RERA approval timelines to be earmarked, singular definition of affordable housing for interest sub-vention and allow direct FDI into residential projects.”

Corporate Comm India (CCI Newswire)

The Property Times News Bureau

Recent Posts

NAREDCO Maharashtra NextGen Ties Up with Brigade REAP to Strengthen PROPEL, Empowering Emerging Entrepreneurs in Real Estate

Brigade REAP Incubates 76 Proptech Startups, Leading India's Largest Proptech Ecosystem with ₹200 Cr Earth…

7 hours ago

Dr. Gautam Kanodia: Redefining Luxury Real Estate with KREEVA

New Delhi, November 22, 2024: Dr. Gautam Kanodia has emerged as a visionary leader, redefining…

7 hours ago

The Rise of Premium Luxury Residences: How NCR is Setting New Standards

New Delhi, November 21, 2024: Over the years, Delhi-NCR has emerged as a hotspot for…

1 day ago

3A Composites’ Flagship BrandALUCOBOND Launches a Premium Product ‘ALUCODUAL®’

~ The Company strengthens the product portfolio with the launch of innovative & ‘Made in…

1 day ago

Government Policies and Housing Premiums Under Spotlight in latest Mumbai Realty Report

- NAREDCO Maharashtra and 1 Finance Unveils Comprehensive Study on Mumbai's Real Estate Landscape -…

2 days ago

Onward Workspaces Expands with leasing 18,000 Sq. Ft. Premium Facility at Emaar Capital in Gurgaon, Catering to Global Enterprise

The announcement marks a major step in offering Flexible Grade-A Office Solutions for Modern Businesses…

2 days ago