Jagmohan Garg:Infra status to boost low cost housing

Jagmohan Garg says builders will be eligible for tax and subsidy incentives, and institutional funding at affordable rates.

jagmohan-garg-hari-housing

Union Finance Minister Arun Jaitley, in the Budget 2017-18, has proposed to grant ‘affordable housing’ the coveted infrastructure status to facilitate higher investment in the sector and, in turn, achieve the government’s ambitious goal of ‘Housing for All’.

The grant of infrastructure status would mean builders will be eligible for many government tax and subsidy incentives, and institutional funding at affordable rates for low cost homes.

Jagmohan garg more details: http://www.thehindu.com/news/national/Infra-status-to-boost-low-cost-housing/article17128899.ece?homepage=true

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