Arvind Jain, Managing Director - Pride
Group:
It
is a satisfactory budget with good implications for real estate. Significantly,
the budget has included slum rehabilitation under the ambit of corporate social
responsibility. We will now see greater involvement by India Inc in this very
important sector and give a boost to supply in the inner parts of our major
cities.
 |
| Mr. Arvind Jain, Managing Director - Pride Group |
The
FM has given much-needed relief to individual tax payers by raising the income
tax exemption limit by 50,000 and has also raised the limit of the interest
part of home loans from Rs. 1.5 lakh to Rs. 2 lakh. The combined effect will
definitely be renewed interest in home purchase by Indians.
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