Real Estate developers from Kolkata share their expectations
Union Budget 2020
cityairnews
Jan 28, 2020 08:30
0
As Finance Minister Nirmala Sitharaman readies to unveil the Union Budget, Real Estate developers from Kolkata share their expectations:
"The long standing demand for Infrastructure status for Real Estate industry could be the single most important step for easing the credit crunch. Long term capital gain benefits, tax breaks on home loans and revival of 80IB could be some welcome changes. Government also needs to provide deeper push towards hospitality sector."
-Mr Rishi Jain, Managing Director, Jain Group
"The real estate sector must be given special attention in the current budget. Tax benefits will be a welcome step to give a push to the dwindling demand. Warehousing is a area that has immense scope, we expect measures from the government so that this sector receives the necessary impetus for growth."
-Mr Abhishek Bhardwaj, Chief Marketing Officer, Shristi Infrastructure Development Corporation Ltd.
