Affordable housing fund to help better capital access

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Affordable housing fund to help better capital
access
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(No Transcript)
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• The government has already reduced the tax burden
  of goods and services from home buyers in the
  category of affordable housing fund by 4 to 8
  from 25 January.
• The Government continued its efforts to achieve
  the "Housing for All" vision in 2022, with
  Finance Minister Aaron Gaitley announcing the
  creation of a fund for affordable housing in the
  EU budget for 2018-1919.
• "My government will also establish an affordable
  housing fund (AHF) dedicated to the National
  Housing Bank, financed by the deficit of priority
  sector loans and bonds with all services
  authorized by the Government of India," Jaitely
  said in his speech on the budget.

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• The government has been working to pay affordable
  housing fund to a great extent over the past
  three years. In addition to providing the state
  of affordable housing infrastructure in the EU
  budget last year, it also provided PMAY benefits
  to promote its vision of "Housing for All in
  2022".
• "In the era of Prime Minister Awas Yogana (rural
  areas), 51 houses will be built in the year
  2017-18 and 51 houses will be built in 2018-19,
  which is more than the House of Korori,
  exclusively in rural areas." Urban areas,
  assistance has been approved for the construction
  of 37 Lakah houses. "

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• However, the industry expected the government to
  provide more support for this sector, as well as
  other assistance.
• "The real estate sector had high expectations,
  but the budget did not comply with most of them
  ... Financially, the sector did not receive any
  benefits, although it was a slight easing in the
  form of a 5 range where real estate transactions
  are described below "Given the sector's
  contribution to GDP, its impact on employment and
  the current slowdown in the sector, the budget
  could have done a lot for this sector," said
  Gaurav Karnik, financial partner and national
  leader, Real Estate. Hey, Indian.

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• According to Anuj Puri, president of ANAROCK
  Property Consultants, the announcement of the
  regional air link scheme for linking 56 airports
  without service is good news for business growth
  and demand for office space in smaller cities,
  with a normal demand for affordable housing fund
  at the back of the job generation.