Thursday, 2 February 2017

A big broad smile for builders’ lobby -Budget 17-18 - Mr.Mohan Thorat

As we all know that post demonetization the real estate industry was looking forward for a boom. So, here comes the good news for the builders’ lobby- The budget 2017-18.
Along with increasing personal tax limit, the budget has so many reasons to increase the property affordability for middle class. The most important news among all is affordable housing got the infrastructure development status along with increasing allocation of rural housing development.  This might also be the indication that the government may also release land for affordable housing development in central locations.
For us, the builders, it’s time to gear up for the new opportunities and new challenges in the financial year 2017-18.

Mr.Mohan Thorat

KamalRaj Properties

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