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'It's a growth oriented budget with long term benefits'

Kamal Khetan, chairman and managing director, Sunteck Realty, calls it a growth oriented budget with long term benefits

February 28, 2015 / 16:34 IST

Union Budget quote by Kamal Khetan, chairman and managing director, Sunteck Realty

"The finance minister has presented a growth oriented budget with long term benefits to all sections of society. Focus on key areas like investment in infrastructure, increasing urban housing with a roof for each family by 2022 & listing of REIT's are positives for the realty sector. Additionally, implementation of GST by April 2016 and reduction in corporate tax in a phased manner are measures which should drive the key sectors of the economy. With a projected GDP growth of 8 percent-8.5 percent in the coming fiscal, the government seems poised to usher in a new growth era for the Indian economy."

first published: Feb 28, 2015 04:34 pm

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