Skip to main content
  • Home  
  • News  
  • Mr. Rakesh Reddy’s views on Budget 2019
Jul 10, 2019
Mr. Rakesh Reddy
Director, Aparna Constructions, Multiple Sources

The Union Budget was presented on 9th July 2019 by the Finance Minister. The real estate industry was expecting a few changes in the Budget, of which some have been met and some have not. The proposed Budget would result in the following:

  • Increased interest deduction up to ₹ 3.5 lakhs on loans for the purchase of a house valued up to ₹ 45 lakhs is an encouraging move from the consumer perspective.
  • Middle-class home buyers can benefit up to ₹ 7 lakhs on a loan period of 15 years.
  • The government has maintained a fine balance between ensuring liquidity and enhancing scrutiny
  • The real estate industry is disappointed with not receiving infrastructure status in this budget.

Our Director, Mr. Rakesh Reddy shared his views on the proposed Budget for 2019 with Deccan Herald, The Hindu, Tribune India and Constructions World. Click on the links to read the entire coverage:

LINK

Deccan Herald 

The Hindu 

Constructions World

Share

RECENT NEWS

aparna deccan town 123 acre township gopanpally
Aparna Constructions and Estates Expands Its Portfolio with Launch of Aparna Deccan Town, 123-Acre Township in the heart of Gopanpally!

Aparna Constructions and Estates Private Limited, a leading real estate developer in South India, introduces a new benchmark in ultra-luxury living with Aparna Deccan Town in Gopanpally, Hyderabad. This prestigious development redefines Hyderabad’s high-end residential landscape by seamlessly blending