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Union Budget 2021 | Affordable, Rental Housing Push Likely To Boost Residential Demand During COVID-19 Pandemic

Union Budget 2021 | Affordable, rental housing push likely to boost residential demand during COVID-19 pandemic
Infrastructure initiatives include MetroLite and MetroNeo to be launched for Tier-2 cities and peripheral areas of Tier-1 cities
Affordable and rental housing got a major push in Budget 2021 with the government extending the period for extra deduction of Rs 1.5 lakh available for loans up to March 31, 2022, a move expected to boost housing demand amid the ongoing COVID-19 pandemic.
Amid the prolonged pandemic scenario, this extension was needed to support the latent housing demand in the country, experts said.
Infrastructure projects, especially Metro, also received a shot in the arm. This, said real estate experts, will act as a strong catalyst in driving real estate in urban areas. ....

Tamil Nadu , Shishir Baijal , Ashoo Gupta , Anurag Mathur , Samantak Das , Nirmala Sitharaman , Niranjan Hiranandani , Sankey Prasad , Dhruv Agarwala , Nashik Metro , Chennai Metro Railway , Head Of Research , Development Finance Institution , Kochi Metro Railway , Colliers International , Shardul Amarchand Mangaldas Co , Bengaluru Metro Railway Project Phase , National Capital Region Transport Corporation , Mass Rapid Transit System , Regional Rapid Transit System , Anuj Puri , Chief Economist , National President , Vice Chairman , Managing Director , West Bengal ,

Modi Govt beats a path to four poll-bound States - The Hindu BusinessLine

February 01, 2021
Prime Minister Narendra Modi speaks on Union Budget 2021-22, via video link, in New Delhi, Monday, Feb. 01, 2021. - PTI
Prime Minister Narendra Modi speaks on Union Budget 2021-22, via video link, in New Delhi, Monday, Feb. 01, 2021. - PTI×
Bengal, Tamil Nadu, Kerala and Assam, where elections are due in April-May, get many projects
The Centre’s largesse of highway and infrastructure projects to election-bound States of Tamil Nadu, Kerala, West Bengal and Assam was welcomed by some and dubbed as “politically motivated” by other States, which contended that the ruling BJP was busy undermining the federal character of fiscal policy while appearing munificent. ....

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