Quotes onHon’ble FM Nirmala Sitharaman’s announces for the Real Estate sector

News Correspondent, abptakmaa, Kolkata, 14th Nov 2020 : Mr. Nakul Himatsingka, Managing Director, Ideal Group:These measures are very positive and shall help in closing a lot of deals and boost real estate demand. Clients will also benefit as builders will be able to offer their apartments at a more attractive price.
Mr Abhishek Bhardwaj, Chief Marketing Officer, Shristi Infrastructure Development Corporation Ltd:
As per the latest announcement, the Income tax relief for developers and home buyers will boost housing sales. It is expected that a lot of clearance of inventory will take place as customers will  end up paying lesser.

Mr. Arya Sumant, Managing Director, Eden Realty:The additional outlay of Rs 18,000 crore for PM Aawas Yojana- Urban announced by the FM today will help the first-time home buyers in general and affordable housing segment buyers in particular. The relief provided for difference in circle rate and agreement value up to 20% will help both the buyers and developers. We believe that these will surely help in rejuvenating the real estate sales.  Publicity : Sagittarius Communications.