Manoj Paliwal
NEW DELHI: Understanding the government major focus on affordable housing to achieve the target of housing for all, the budget was largely inclined towards the same, said Manoj Paliwal, Chief Marketing Officer, Omkar Realtors and Developers Pvt Ltd.
“Rural infrastructure push will surely boost added housing in these areas resulting in employment generation. Further, the introduction of a long-term capital gain tax of 10% on shares is a step towards creating a bit of level playing field these two assets classes i.e Real Estate and Stock market. This move is positive for Real Estate,” said Paliwal.
India’s Finance and Corporate Affairs Minister Arun Jaitley, while announcing the General Budget 2018-19 in Parliament today announced important measures to give a boost to livelihoods in rural areas of the country.