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Budget Reaction – Real Estate & Infrastructure Sector | Goel Ganga Developments

Mr. Annuj Goel, Managing Director, Goel Ganga Developments:
“Hon’ble PM Narendra Modi has always laid special emphasis on the ambitious Housing For All and Pradhan Mantri Awas Yojana (PMAY) projects. Now, even in Budget 2021, Union Finance Minister Nirmala  Sitharaman by announcing tax holiday for affordable housing, Modi government has made it clear that Housing For All is one of the top priorities of Modi government.

Also, tax exemption for notified affordable rental housing projects in the interest of migrant workers is a win-win both for migrants and realtors. As Hon’ble Nirmala Sitharaman in Union Budget 2021-22 has given special priority to Real Estate, these decisions are bound to show positive impact in realty business in future.”

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