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Budget 2012: Makaan survey finds buyers optimistic of positive outcome

When asked whether the Finance Minister will take some concrete steps to promote affordable housing (housing under 40 lac) in this year budget, a majority (45%) felt strongly in favor.

March 02, 2012 / 19:40 IST

By Makaan.com

The key findings of this survey christened Roti, Kapda and Makaan are given below:

Home buyers positive on the outcome of forthcoming Union Budget 2012: An overwhelming majority (53%) of home buyers expect the forthcoming budget to have a positive impact on the Indian real estate sector. Another 31% are more circumspect and do not expect any major positive announcement in budget; while the balance 16% are undecided. This represents a positive swing in the overall mood of the home buyers. In the same research conducted last year, only 41% of the homebuyers were optimistic of a positive Budget Outcome i.e., 12% more home buyers are optimistic this year as compared to last year and we hope that finance minister will oblige with some concrete announcements.

Affordable housing

first published: Mar 2, 2012 11:51 am

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