The Finance Minister has spelt out three themes for Budget 2020 - An ‘Aspirational India’ focussed on ‘Economic Development’ and building a ‘Caring society’.
Extending “caring” and exhibiting “humane and compassionate” consideration to a few of the many demands of homebuyers and real estate developers, some relief on the tax front has been proposed. A big positive, on the other hand is the specific focus on the National Infrastructure Pipeline launched on December 31, 2019 and aimed at development, operation and maintenance of several infrastructure projects.
This is an opportunity for “realising” the potential of “realty” in revolutionising India.
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