Mr Ramesh Sanghvi, CMD of Sanghvi Parrsssva group of companies

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Mr.Ramesh Sanghvi,

The interim budget proves to be positive for the affordable real estate market. The benefits under Section 80-IBA of the Income Tax Act is being extended for one more year to the housing projects approved till 31st March 2020 for making more homes available under affordable housing. This will be a major relief for both the buyers and developers like us. However, we are waiting for the decision of the GST committee.

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