News Correspondent, abptakmaa, Kolkata, 1st Feb 2020 : Reaction on Union Budget by Siddha Group says Mr. Sanjay Jain, Managing Director, Siddha Group, Extension of Income Tax benefit to developer and exemption of interest to customer under PMAY for another year will be hugely beneficial for Kolkata in particular and West Bengal in general. Since most of housing in West Bengal including Kolkata are mostly within PMAY, hence it will be boom for real estate in West Bengal.
Mr. Nakul Himatsingka, Managing Director, Ideal GroupThe government has reiterated the motto of ‘Housing for All’ and affordable housing in the current budget. The change in the income tax slabs will ensure more disposable income that, in turn, we feel, would boost the real estate sector. The concession to real estate transactions is also a welcome step. As a whole, it is a balanced budget with a vision of the future. Publicity : Sagittarius Inc.