{"id":28574,"date":"2014-02-18T10:28:54","date_gmt":"2014-02-18T04:58:54","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=28574"},"modified":"2020-06-15T03:20:28","modified_gmt":"2020-06-14T21:50:28","slug":"28574-realty-sector-observed-a-mixed-reaction-over-interim-budget-2014-15","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/28574-realty-sector-observed-a-mixed-reaction-over-interim-budget-2014-15\/","title":{"rendered":"Realty Sector Observed a Mixed Reaction over Interim Budget 2014-15"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2014\/02\/real-estate-interim-budget-2014-15.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-28575\" alt=\"real-estate-interim-budget-2014-15\" src=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2014\/02\/real-estate-interim-budget-2014-15.png\" width=\"300\" height=\"250\" \/><\/a>Delhi:<\/strong> Finance minister P Chidambaram has announced interim budget for the year 2014-2015 on 17<sup>th<\/sup> February 2014. The interim budget has been welcomed by the real estate sector across the country but it has been termed as not consequent up to the expected mark. Many real estate firms have reacted over the budget saying it has not been up to the mark to ensure respite for the real estate sector in the year ahead.Anuj Puri, chairman &amp; country head, Jones Land LaSalle India said that the real estate sector of India has much deeper issues and they are more intrinsic in nature than the issues pertaining to the other industries. Government has to take many steps to resolve these issues which can also lead to amendments in the law to help the real estate sector of the country. It is evident that the current interim budget would not be beneficial for the real estate of India as it doesn\u2019t hold any respite for the real estate sector.According to Anuj Puri, Finance Minister has considerably ensured that the budget will provide benefit to the realty sector and further in the future it will surely create a foundation for the constructive formation of the real estate sector in India.Anuj Puri also said that the budget has extended the support to the residential sector in the affordable segment which will be the positive attribute for the real estate sector. The extended support will certainly help revive construction activities across the country.Real estate industry observed a mixed reaction to the interim budget, many experts have supported the budget saying it will help restore the realty sector in all types of subsectors \u2013 residential, commercial as well as retail real estate.The rural and urban housing has received allocation of Rs 6000 crore and Rs 2000 crore respectively, and this allocation will definitely help <a href=\"https:\/\/www.bharatestates.com\/blog\/future-of-affordable-housing-in-indian-real-estate\/\" target=\"_blank\">affordable housing<\/a> to get hold of bigger sections of the society<span style=\"left:100%;display:inline-block;position:fixed\"><a href=\"http:\/\/rusbankinfo.ru\/\">\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a><a href=\"http:\/\/rusbankinfo.ru\/credits.html\">\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delhi: Finance minister P Chidambaram has announced interim budget for the year 2014-2015 on 17th February 2014. The interim budget has been welcomed by the real estate sector across the country but it has been termed as not consequent up to the expected mark. Many real estate firms have reacted over the budget saying it [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-28574","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Realty Sector Observed a Mixed Reaction over Interim Budget 2014-15 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/28574-realty-sector-observed-a-mixed-reaction-over-interim-budget-2014-15\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Realty Sector Observed a Mixed Reaction over Interim Budget 2014-15 -\" \/>\n<meta property=\"og:description\" content=\"Delhi: Finance minister P Chidambaram has announced interim budget for the year 2014-2015 on 17th February 2014. 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