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Budget Reactions | Solar Thermal Federation of India
It is heartening to note the announcement of ambitious target of 20,000 MW of solar power during 2017-18. If we look back seven years before when the National Solar Mission was announced the target until year 2022 was kept as 20,000 MW.
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Budget Reactions | Puravankara Ltd
True to its expectations, Budget 2017 has spelt out road maps and allocations across various initiatives of the Central Government and the Finance Minister has done an excellent job of managing the expectations. Initiatives to real estate industry has been spoken at length where the sentiments have been largely positive.
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Budget Reactions | Ashoka Buildcon
Provisions for national highways has been increased by 12 per cent in the infrastructure in the Union Budget 2017, which will result in additional funds worth Rs 7,000 crore (a total of Rs 64,000 crore) in this sector.
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Budget Reactions | Knight Frank India
This has been one of the path-breaking budgets with far reaching changes especially for the real estate sector. It is positive that the real estate sector has come in the central spectrum of the Union Budget. This has come at a time when the beleaguered sector has been looking at measures to boost the sentiments. The real estate sector which was the hardest hit by demonetisation move will be one of the major beneficiaries of this budget.
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Budget Reactions | BDI Group
This announcement is a landmark for the real estate sector which will open new avenues for the affordable housing segment. We welcome and appreciate this decision of government, as it will help the sector get various benefits of infrastructure sector which was a long time demand of the realty industry.
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Budget Reactions | M3M
We welcome the government decision to bring affordable housing in the infrastructure sector. Also, definition of affordable housing changed to make it more practical to build and market. Now, we can expect focus on building more affordable housing projects, also rural housing will get big push.
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Budget Reactions| Elan Group
By granting infrastructure status to affordable housing, which was a long-time demand from the industry, the Budget 2017 has given a relief to both developers and investors. The cost of the developers will go down and attract the investors.
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Budget Reactions | PropUrban
Besides doing the much required ?clean-up? act, Budget 2017-18 gives major boost to the affordable housing and infrastructure sectors. The fact that Affordable Housing has been given the infrastructure status is commendable and will go a long way in fulfilling the Housing for All by 2022 vision of the government.
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Budget Reactions | Dalmia Bharat
It is a positive and decisive budget coming especially against the backdrop of the government?s boldest measure of demonetisation. The Finance Minister has spelled out a forward-looking regimen for the infrastructure sector with a total allocation of up to Rs 3.96 trillion.
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Budget Reaction | Kotak Mahindra Bank
There was a lot of anticipation and apprehension about Budget 2017. There was enough to satisfy those anticipating, and relief for those who were apprehensive. The big push to expenditure for farmers, rural sector, affordable housing and infrastructure will give a fillip to growth and employment.
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