Manoj Gaur, MD, Gaursons India Ltd and President CREDAI Western UP

“A very controlled budget which appeared to be cautious step by the government to not make big announcements. As of now real estate sector will not benefit at all from it and the demands of the sector are still unmet.”Read More...

Aman Nagar, Director, Paras Buildtech

"It is essentially a balanced budget with more of long term undertone. The budget has sought to build a strong foundation for the growth of housing sector across the length and breadth of country.”Read More...

Anuj Goel, Executive Director, KDP Infrastructure

"This budget scores both on short term respite as well as long term vision. On the one hand, it has created space through exemptions for more individual savings, on the other hand measures like a roof for each family by 2022, push for rural development, universal pension and security system will create secure and strong society.”Read More...

David Walker, Managing Director of SARE Homes

"We are also enthused by the reduction of the corporate tax and MAT as it will help operations of corporations. The Government's move to rationalise the capital gains regime for REITs and InvITs however will be beneficial for the commercial realty space.”Read More...

Kishor Pate, CMD – Amit Enterprises Housing Ltd.

"The budget has fallen short of expectations and not delivered on many of the expected counts. It has not provided any direct relief for the common man. It has not increased personal income tax deduction limits, nor has it provided any relief for home loan borrowers.”Read More...

Manish Agarwal, Managing Director, Satya Group and Secretary, CREDAI NCR

"It is a progressive budget with nuanced, comprehensive and stabilized long term vision. The measures, such as reduction in corporate tax to 25% over 4 years, abolishing of wealth tax and government’s committed to housing for all and make in India will aid realty sector substantially.”Read More...

Suresh Hari, Secretary, CREDAI Bengaluru

"The Budget is exciting and needs to be studied in depth. But overall there is a clear approach on infrastructure and growth. As far as the realty sector is concerned the following announcement encourages and helps the sector.”Read More...

R.K Arora, Chairman, Supertech Ltd

"Although the Finance Minister in his Budget Speech has announced construction of 2 crore houses in rural India and 4 crore houses in urban areas, no concession either for home buyers or for the developers has been given in the Budget.”Read More...

Mohit Goel, CEO, Omaxe Ltd.

“The Budget 2015 has put a lot of emphasis on social security, infrastructure and skill development. However, the real estate sector continues to be deprived of any real measures to boost the sector and kick-start housing demand.”Read More...

Anubhav Jain, Director, Group Silverglades

“Even though Budget 2015 is pro-growth and pro-investments, there is lack of clear direction when it comes to the realty sector. We were hoping for concrete steps to increase the sluggish housing demand and revive the sector.”Read More...

Harpreet Singh, Partner- Risk Advisory Services, PwC India

“The Finance Ministers announcement of 6 Cr housing units by 2020, while encouraging, needs to be backed up by strong policy directives in the area. We will have to wait to understand the implementation strategy that should back such an announcement.”Read More...